Reserve Bank of India (RBI)

High and quick return schemes could be risky. Invest your money wisely! Thoroughly check the background and performance of the entity offering the scheme. Read the terms and conditions properly. To file and track a complaint against entities illegally accepting money or defaulting in repayment of deposits, visit www.sachet.rbi.org.in https://lnkd.in/dw2Mnkme #RBI #rbisays #RBIKehtaHai #risk #Returns #riskvsreturn

It's just 5 days to go! Submit your proposal before July 19, 2024 for Reserve Bank of India’s Third Global Hackathon - HaRBInger 2024 at https://lnkd.in/ddqpPxyz #harbinger2024 #rbihackathon #innovationfortransformation

Future Readying India’s Monetary Policy - Address delivered by Michael Debabrata Patra, DG, RBI - July 9, 2024 - in the Mid-Career Training Programme for officials of the Indian Administrative Service at the Lal Bahadur Shastri National Academy of Administration, Mussoorie https://lnkd.in/dPfyuPbz

Submit your proposal for Reserve Bank of India’s Third Global Hackathon - HaRBInger 2024 at https://lnkd.in/gJtWM7RT #harbinger2024 #rbihackathon #innovationfortransformation #RBI #RBItoday

RBI announced its Third Global Hackathon -HaRBInger 2024 on June 07, 2024. Themes : Zero Financial Frauds Being Divyang- Friendly Submit your proposal for Reserve Bank of India’s Third Global Hackathon - HaRBInger 2024 at https://lnkd.in/gJtWM7RT #harbinger2024 #rbihackathon #innovationfortransformation

Role of Statutory Auditors in Emerging Financial Landscape - Remarks delivered by Shri M Rajeshwar Rao, DG, RBI - July 9, 2024 - in the Conference of Statutory Auditors and Chief Financial Officers of Commercial Banks and All India Financial Institutions (AIFIs) in Mumbai https://lnkd.in/dT2zNNTh

Shared Vision, Shared Responsibilities: Advancing Assurance in Banking Supervision Speech delivered by Shri Swaminathan J, Deputy Governor, Reserve Bank of India on July 9, 2024 at the Conference of Statutory Auditors and Chief Financial Officers of Commercial Banks and All India Financial Institutions, in Mumbai. The speech is available on RBI website at https://lnkd.in/dCUBZ2ZN

In consultation with the concerned stakeholders including the Government, the Reserve Bank of India had constructed a composite Financial Inclusion Index (FI-Index) to capture the extent of financial inclusion across the country, which was first published in August 2021 for the FY ending March 2021. The FI-Index for the year ending March 2024 has since been prepared. The value of the Index for March 2024 stands at *64.2* vis-à-vis *60.1* in March 2023, with growth witnessed across all sub-indices. Improvement in FI-Index is mainly contributed by Usage dimension, reflecting deepening of financial inclusion.

The Reserve Bank of India recently placed on its website an update on “Measuring Productivity at the Industry Level-The India KLEMS Database” comprising the Data Manual 2024 and time-series data on productivity for 27 industries covering the period 1980-81 to 2022-23. The database, which has KLEMS data for an additional year, i.e., 2022-23, is expected to aid the analysis of productivity trends in India at disaggregated industry levels. Along with the industry-wise estimate, a provisional estimate of productivity for the total economy has also been attempted for the first time for the financial year 2023-24 based on the available information. https://lnkd.in/duy7WjAa

The Reserve Bank of India hosted the 4th Suresh Tendulkar Memorial Lecture on July 5, 2024 in Mumbai. The lecture was delivered by Dr. John C. Williams, President and Chief Executive Officer, Federal Reserve Bank of New York. The Press Release to the event is available at: https://lnkd.in/dMZFPZCv Text for the speech is available at https://lnkd.in/dkauf5U5