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June 17, 2025 at 01:54 AM
*Recent News Headlines Related to RBI* . *RBI has reduced the* qualifying asset threshold for Non-Banking Financial Companies - Microfinance Institutions (NBFC-MFIs) from 75% to 60% to provide a boost to the sector . *RBI will discontinue* daily Variable Rate Repo (VRR) auctions from June 12, 2025, as the liquidity surplus in the banking system has significantly improved . *The Reserve Bank of* India (RBI) published data in June 2025 indicating that bank deposit growth in India decreased to 10.6% YoY in FY25, the fiscal year 2024-2025 from 13% in FY24 . *Security Printing* and Minting Corporation of India Ltd (SPMCIL) delivered 3.4 tonnes of refined gold to the Reserve Bank of India (RBI) during FY25 . *RBI has rejected the application* of Annapurna Finance for a Universal Bank Licence . *RBI has increased the Loan-to-Value* (LTV) ratio for gold jewellery-backed loans up to Rs.2.5 lakh to 85%. . *In the 55th meeting* of the Monetary Policy Committee (MPC) held from June 4 to 6, 2025, RBI reduced the Policy Repo Rate by 50 basis points to 5.50%. . *RBI launched a Hindi* Book Writing Scheme (2024-25) to encourage original works in Economics, Banking, and Finance. The scheme is open to working or retired professors from UGC-recognized Indian universities . *As per RBI's 2025* amendment titled "Inoperative Accounts/Unclaimed Deposits in Banks - Revised Instructions", any bank deposit not operated for 10 years or more will be transferred to the Depositor Education and Awareness (DEA) Fund . *To address* long-standing gaps in climate-related financial data, the Reserve Bank of India (RBI) introduced the "Reserve Bank-Climate Risk Information System (RBI-CRIS)," a two-pronged data platform . *The Reserve Bank of India (RBI) imposed* total penalties of Rs.54.78 crore in FY 2024-25 on various regulated entities for statutory violations . *RBI announced a five-part* documentary series in collaboration with Jio Hotstar. The series is titled "RBI Unlocked: Beyond the Rupee", produced by Chalkboard Entertainment, a Mumbai-based production house . *RBI's balance sheet* expanded by 8.2% in FY 2024-25, reaching a total size of Rs.76.25 lakh crore https://whatsapp.com/channel/0029VawEMLtKmCPYAXcL6y3m *Please share and subscribe👆👆*
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