Credit Rating Agencies
Posted in Economy Economy Concepts Economy Institutions

Credit Rating Agencies

New SEBI Guidelines for Credit Rating Agencies (CRAs) issued under SEBI Act (1992) and Regulation 20 of CRA Regulations.

Bretton Woods Conference
Posted in Economy Institutions Economy World Affairs

Bretton Woods Conference

Bretton Woods Conference celebrates its 80th Anniversary

Project Nexus
Posted in Economy Economy Institutions Economy Schemes and Initiatives

Project Nexus

Reserve Bank of India (RBI) joins Project Nexus to enable instant cross-border retail payments.

National Financial Reporting Authority (NFRA)
Posted in Economy Economy Institutions

National Financial Reporting Authority (NFRA)

National Financial Reporting Authority is planning to increase the number of audit firms it inspects annually.

Insolvency and Bankruptcy Board of India (IBBI)
Posted in Economy Economy Institutions

Insolvency and Bankruptcy Board of India (IBBI)

IBBI issues new guidelines to streamline the process of appointing Insolvency Professionals (IPs) as resolution professionals.

Monetary Policy Committee
Posted in Economy Economy Institutions

Monetary Policy Committee

RBI Monetary Policy Committee (MPC) keeps the Repo rate unchanged

Asset Reconstruction Companies
Posted in Economy Economy Institutions

Asset Reconstruction Companies

RBI highlighted concerns over functioning of Asset Reconstruction Companies (ARCs)

New alert indicators under PMLA
Posted in Economy Economy Institutions

New alert indicators under PMLA

India’s financial intelligence unit issued new alert indicators under PMLA for various sectors to combat money laundering and terrorism financing.

National Bank for Agriculture and Rural Development (NABARD)
Posted in Economy Economy Institutions

National Bank for Agriculture and Rural Development (NABARD)

NABARD has sanctioned a study on the impact evaluation of Geographical Indication (GI) products.

Small Finance Bank (SFB)
Posted in Economy Economy Institutions

Small Finance Bank (SFB)

RBI sets Eligibility Criteria for SFB to transit into Universal banking under on-tap licensing.

Insurance Regulatory and Development Authority of India (IRDAI)
Posted in Economy Economy Institutions

Insurance Regulatory and Development Authority of India (IRDAI)

IRDAI celebrated its 25th Anniversary

Self regulatory organisations
Posted in Economy Economy Institutions Economy Schemes and Initiatives

Self Regulatory Organisations

Reserve Bank of India (RBI) finalised the Omnibus Framework for recognising Self-Regulatory Organisations (SROs) for Regulated Entities (REs)