Regulatory Compliance by RBI
Functions of RBI
1. Monetary Policy Transmission:
The Reserve Bank of India asked banks to mandatorily link retail and SME loans to an external benchmark from October 1 2019, with a view to allowing faster transmission of rate cuts to consumers. The initiative by the RBI to mandate banks to reset interest rates under external benchmark at least once in three months from the earlier practice of resetting interest rates once in a year under marginal cost of lending rate (MCLR). It will greatly help in transmission of the RBI’s monetary policy.
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- 8 Overview of Real Estate and Housing Sector
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- 12 Logistics Reforms
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- 14 Initiatives taken by DPIIT for the Reform Process
- 15 Implementation of Business Reforms
- 16 Ease of Doing Business
- 17 Allied Sectors- Dairy, Fisheries and Livestock
- 18 Potential in Eastern States
- 19 Crop Insurance Schemes
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- 21 Food Processing
- 22 Agri Marketing and Trade
- 23 Initiatives to Receive Remunerative Prices
- 24 Science and Technology in Agriculture
- 25 Fertilizers
- 26 Farming and Food Security
- 27 Initiatives to Raise Agriculture Productivity
- 28 Overview of agriculture and allied sectors
- 29 Financial Market
- 30 Direct Tax Code
- 31 Status Paper on Government Debt
- 32 Finance Minister Announces New Fiscal Reforms
- 33 Capital Gains Tax
- 34 Direct Tax Collection in the Negative Zone
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