1. What is the definition of “Basic Savings Bank Deposit Account” (BSBDA)? All the existing ‘No-frills’ accounts opened pursuant to guidelines issued vide circular UBD.BPD.Cir.No.19/13.01.000/2005-06 dated November 24, 2005 and converted into BSBDA in compliance with the guidelines issued in circular UBD.BPD.Cir.No.5/13.01.000/2012-13 dated August 17, 2012 as well as fresh accounts opened under the said circular should be treated as BSBDA. 2. Whether the guidelines is

The Reserve Bank of India today released the Financial Stability Report (FSR) June 2015, the eleventh issue of its half yearly publication. The FSR reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability, as also the resilience of the financial system. Besides, the Report discusses issues relating to development and regulation of the financial sector. Highlights: Global environme

Today, the Reserve Bank released data on the performance of the private corporate sector during the first quarter of 2023-24 drawn from abridged quarterly financial results of 2,836 listed non-government non-financial companies. These include data for Q1:2022-23 and Q4:2022-23 to enable comparison (web-link https://dbie.rbi.org.in/DBIE/dbie.rbi?site=statistics#!2_42). Highlights Sales Sales growth (y-o-y) of listed private non-financial companies moderated further to