December 2016 Current Affairs

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RBI to set up panel to study status of household finance

RBI to set up panel to study status of household finance
04 August 2016 Current Affairs: The Reserve Bank of India (RBI) has formed a committee to study the state of household finance in India to evaluate future demand for financial products.

In a statement on its website on Thursday, RBI said the committee will be chaired by Tarun Ramadorai, a professor of financial economics from the University of Oxford, and will have representation from financial sector regulators, namely the Securities and Exchange Board of India (Sebi), Insurance Regulatory and Development Authority of India (IRDAI) and Pension Fund Regulatory and Development Authority (PFRDA), apart from RBI.

The committee will analyse household financial markets in India with other major world markets to identify areas of priority for growth and change. It will evaluate Indian household demand in formal financial market over the coming decade. It will also understand that how and why the financial allocation of Indian households deviate from desirable financial allocation and behaviour.

The committee will also work on designing new systems and redesign of existing systems of incentives and regulations to encourage and enable better participation by Indian households in the formal financial markets.

 


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



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