About this document

Banking Awareness & Current Affairs 2019 by Mayank Bansal is a document available to read on EtoBox.

The Reserve Bank of India (RBI) made several announcements in October 2019: 1) It reduced the repo rate by 25 basis points to 5.15% to boost the slowing economy. 2) It imposed restrictions on withdrawals from Punjab and Maharashtra Cooperative Bank. 3) Panels submitted reports with recommendations to develop housing finance securitization and secondary markets for corporate loans. 4) RBI clarified that banks cannot charge customers for certain failed or non-cash ATM transactions.

Author

Mayank Bansal

Language

EN