Monthly One Liners - April 2021 Monthly One Liners- April 2021 Financial One Liners: The Reserve Bank of India, RBI, extended the deadline to process recurring online transactions with additional factor of authentication, AFA, to 30th September of this year from the last date fixed. The World Bank Board of Executive Directors has approved a USD 32 million project to improve management capacity and quality of health services in Mizoram, a World Bank statement said. Reserve Bank of India Governor Shaktikanta Das noted that the monetary policy committee voted unanimously to leave the repo rate and reverse repo rate unchanged at 4 and 3.3.5 per cent, respectively. Page 1 of 42 Subscribe The Xpress Video Course & Mock Test Package for Bank & Insurance Exams If there are any suggestions/ errors in our PDFs Feel Free to contact us via this email:
[email protected] Monthly One Liners - April 2021 “With a view to furthering financial inclusion and to expand the ability of payments banks to cater to the growing needs of their customers, the current limit on maximum end of day balance of Rs.1 lakh per individual customer is being increased to Rs.2 lakh,” RBI Governor Shaktikanta Das reported. The Reserve Bank of India (RBI) has decided to enhance the aggregate limit of ways and means advance (WMA) limit for all States and Union Territories to Rs.47,010 crore, which is an increase of 46 per cent from the current limit of Rs.32,225 crore. The RBI had issued guidelines in October 2018 for the adoption of interoperability voluntarily for full- KYC PPIs.