RBI Conference for SFBs and Financial Regulations
8 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

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?

<p>Shri Swaminathan J</p> Signup and view all the answers

How many Non-Banking Financial Companies had surrendered their Certificate of Registration by September 13, 2024?

<p>13</p> Signup and view all the answers

The RBI announced the cancellation of the Certificate of Registration (CoR) on September 30, 2024.

<p>False</p> Signup and view all the answers

What aspects were highlighted by the Deputy Governor during the conference?

<p>Identifying and mitigating risks</p> Signup and view all the answers

The RBI identified several irregular practices in gold loans during onsite examinations of select ______.

<p>Supervised Entities</p> Signup and view all the answers

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.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

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.

More Like This

Use Quizgecko on...
Browser
Browser