The Reserve Bank of India has revised the methodology for designating a bank as a Domestic Systemically Important Bank (D-SIB) by incorporating digital payments, value as well as volumes, under the substitutability indicator in the assessment. The data requirement under this sub-indicator stands revised from 'Payments made in INR using RTGS and NEFT systems' to the total value of Digital Payments made in Rupees (75 per cent weightage) and total volume of Digital Payments made in Rupees (25 per cent weightage). The digital payments include all payments other than paper-based instruments.
In what year has the United Nations designated the 'International Year of Quantum Science and Technology'?
According to Reserve Bank data, the credit to medium industries in June grew by _______ and micro and small industries by 13 per cent (29.2 per cent a y...
Which of the following statements is/are true with respect to the newly launched PM Vishwakarma scheme-
I.PM Vishwakarma scheme has been launched...
Where was the 2nd Session of India-Nigeria Joint Trade Committee held?
In 2024, what was the projected global cost of cybercrime according to the "World Cybercrime Index"?
Which state received the highest Foreign Direct Investment (FDI) in Q1 FY25?
Who has been the most expensive player in the Women's Premier League season been bought for Rs.3.4 crore?
Which bank has launched a coffee table book titled 'The Banker to Every Indian' to celebrate 75 years of Indian independence?
What is ‘Biomining’, recently seen in the news?
Asia’s largest Compressed Biogas (CBG) plant has been commissioned in Which state?