Context: The banking system cash deficit, as measured by banks’ borrowings from the Reserve Bank of India, was at 1.5 trillion rupees ($17.7 billion) as of Monday, the highest since June 24, What is Banking Liquidity Deficit? Liquidity means available cash that banks need to meet short-term business and financial needs. Liquidity Adjustment Facility:
India’s 2030 Clean Energy Vision
Context: India is progressing well toward achieving its clean energy goals pertaining to solar power and battery energy storage systems by the year 2030. Key Highlights: India’s Clean Energy Vision:
Namo Drone Didi
Context: The Central Sector Scheme On Provision of Drones for Self-Help Groups (SHGs) of women with an outlay of Rs. 1261 Crores for 2023-24 to 2025-26. NAMO Drone Didi Scheme Benefits:
The India Conformity Assessment Scheme (i-CAS)
Context: The Centre has said the India Conformity Assessment Scheme (i-CAS) for Halal is mandatory with respect to the export of specified meat products destined to specified countries. The India Conformity Assessment Scheme (i-CAS) The India Conformity Assessment Scheme (i-CAS) is a certification scheme for Halal products that was developed in order to verify the process of certifying meat and meat products for export.
The Minimum Support price (MSP)
The minimum support price (MSP) is the minimum price that is set by the Government of India for certain crops to ensure a minimum profit as well as ensuring food security for farmers. The MSP is basically announced at the beginning of the sowing season for crops like wheat and paddy. The government fix the mount of MSP based on recommendations from the Commission for Agricultural Costs and Prices (CACP). Aim of MSP: The MSP is different from the procurement pric
Indian Banks’ Association
7. Digital Lenders
Context: As the Reserve Bank of India (RBI) tightens screws on unsecured lending, digital lenders are diversifying into secured lending with products like micro loans against property, business loans for MSMEs and green financing. Key Highlights: Digital lenders Digital lenders are institutions that offer loans through digital channels, such as mobile apps or websites, rather than traditional in-person methods. Digital lending uses technology to automate and streamline the lending process, from application
Foreign Institutional Investors (FIIs)
Foreign Institutional Investors (FIIs) are investors or funds that invest in a country apart from the one where they are registered or headquartered. FIIs include investment banks, mutual funds, hedge funds, and pension funds.
Offshore Derivative Instruments (ODIs)
ODIs are vehicles that allow foreign investors to invest in Indian equities or equity derivatives without registering in the country.
Participatory notes (P-notes)
Participatory notes (P-notes) are financial instruments that allow foreign investors to invest in India’s stock market without registering with the Securities and Exchange Board of India (SEBI). P-notes are issued by registered foreign institutional investors (FIIs) to overseas investors.
