RBI’s Report on Currency and Finance
On 29th July, 2024, the Reserve Bank of India (RBI) released the ‘Report on Currency and Finance (RCF)’ for the year 2023-24.
- The theme of the Report is "India’s Digital Revolution."
- The Report has been prepared by a team from the Department of Economic and Policy Research (DEPR), with inputs from several operational departments.
Major Highlights
Impact of Digitalisation
- Digitalisation is driving innovation and efficiency, fostering a new model of economic growth, and facilitating quality improvements.
- Digital transformation is also evident in the financial sector, where adoption of technology solutions by financial institutions, coupled with the advent of new ....
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- 1 Digital System for Fertiliser Subsidy Targeting
- 2 ‘Agri SURE’ Fund: Promoting Innovation in Agriculture
- 3 Promotion of Natural Farming
- 4 Removal of Indexation Benefit
- 5 RBI Allows Foreign Currency Accounts in IFSC
- 6 PCA Framework for Urban Cooperative Banks
- 7 SEBI’s Uniform Charge Structure for Stockbrokers
- 8 World Bank Group Guarantee Platform
- 9 Critical Mineral Asset
- 10 India’s First Green Steel Initiative
