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Questions and Answers
What was the theme of the conference held by the Reserve Bank on September 27, 2024?
Governance in SFBs - Driving Sustainable Growth and Stability
The event on September 27, 2024, was focused solely on financial inclusion without addressing governance.
False
The RBI hosted a conference for the Directors on the Boards of Small Finance Banks (SFBs) in ______.
Bengaluru
Who inaugurated the conference for the Directors on the Boards of Small Finance Banks?
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How many Non-Banking Financial Companies had surrendered their Certificate of Registration by September 13, 2024?
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The RBI announced the cancellation of the Certificate of Registration (CoR) on September 30, 2024.
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What aspects were highlighted by the Deputy Governor during the conference?
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The RBI identified several irregular practices in gold loans during onsite examinations of select ______.
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Study Notes
RBI Conference for SFBs
- The Reserve Bank of India hosted a conference in Bengaluru on September 27, 2024.
- The conference was for Directors on the Boards of Small Finance Banks (SFBs).
- The theme of the conference was "Governance in SFBs - Driving Sustainable Growth and Stability."
- The conference focused on the need to address the risks of the digital age and drive financial inclusion.
Cancellation of Certificate of Registration (CoR)
- The Reserve Bank of India (RBI) cancelled the Certificate of Registration (CoR) of thirteen Non-Banking Financial Companies (NBFCs) on September 27, 2024.
- The RBI cancelled the CoR of four Non-Banking Financial Companies (NBFCs) on September 13, 2024.
Gold Loans - Irregular Practices
- The RBI, after reviewing lending practices for gold loans, identified several irregular practices.
- The RBI conducted onsite examinations of select Supervised Entities (SEs) in regards to gold loans.
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Description
Explore the recent RBI conference focusing on governance in Small Finance Banks and its implications for sustainable growth. Additionally, examine the cancellation of CoR for Non-Banking Financial Companies and the irregular practices in gold loans identified by the RBI. This quiz covers key topics in financial regulation and governance.
