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Parent. Government of India. Capital ratio. 15.68% (June 2024) [4] Website. www.centralbankofindia.co.in. The Central Bank of India (CBI) is an Indian public sector bank based in Mumbai. [5] Despite its name, it is not the central bank of India. The Indian central bank is the Reserve Bank of India.
The Reserve Bank of India, abbreviated as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. Owned by the Ministry of Finance, Government of India, it is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and ...
paisa. India. The Digital Rupee (e₹)[ 6 ] or eINR or E-Rupee is a tokenised digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). [ 7 ] The Digital Rupee was proposed in January 2017 and launched on 1 December 2022. [ 8 ]
Electoral Bonds were a mode of funding for political parties in India from their introduction in 2018 until they were struck down as unconstitutional by the Supreme Court on 15 February 2024. [1] Following their termination, a five-judge bench headed by the Chief Justice directed the State Bank of India to cede the identities and other details ...
The tenure of 18th Lok Sabha is scheduled to end in June 2029. [1] The previous general elections were held in April–May–June 2024. After the election, National Democratic Alliance, led by Bharatiya Janata Party, formed the union government, with Narendra Modi continuing in his third term as Prime Minister.
Pay Commission. Pay Commission is India's central government organisation set up by Government of India, which gives its recommendations regarding changes in salary structure of its employees. It was set up in 1947 and since India's Independence, seven pay commissions have been set up on a regular basis to review and make recommendations on the ...
RLD (1) RPI (A) (1) The Third Modi ministry, also called Modi 3.0, is the union council of ministers of India headed by the Prime Minister of India Narendra Modi, which was formed after the 2024 Indian general election held in seven phases between April and June 2024. [ 1 ] The results of the election were announced on 4 June 2024, leading to ...
Holding office for over seven years, Sir Benegal Rama Rau was the longest-serving governor, while Amitav Ghosh 's 20-day term is the shortest. The bank's fifteenth governor, Dr Manmohan Singh, later became India's thirteenth prime minister. Shaktikanta Das is the twenty-fifth governor of the Reserve Bank of India from 12 December 2018.