Brajesh Mohan - RBI, SEBI, NABARD

19 May 2023 16:00

The Reserve Bank of India has decided to withdraw Rs 2,000 denomination banknotes from circulation and asked all to exchange them by September 30,2023. The Rs 2,000 notes, however, will continue to be legal tender.

In order to ensure operational convenience and to avoid disruption of regular activities of bank branches, exchange of Rs 2000 banknotes into banknotes of other denominations can be made upto a limit of ₹20,000/- at a time at any bank starting from May 23, 2023

Brajesh Mohan - RBI, SEBI, NABARD

17 May 2023 16:57

Expected Credit Loss (ECL) provisioning is a new framework for provisioning for bad loans that was proposed by the Reserve Bank of India (RBI) in January 2023. The ECL framework is based on the concept of expected losses, which is the amount of money that a bank expects to lose on a loan over its lifetime.

The ECL framework is a more forward-looking approach to provisioning than the current framework, which is based on historical losses. The ECL framework will require banks to make provisions for loans that are not yet impaired, but that are at risk of becoming impaired.

A detailed article on New and Old framework has been shared in this week's Newspaper Summary PDF which will be available on Saturday.

Brajesh Mohan - RBI, SEBI, NABARD

17 May 2023 13:53

The Maternity Benefit (Amendment) Bill, 2016 was passed by the Parliament in 2017 entitling paid maternity leave of 26 weeks, up from earlier 12 weeks.

The Indian Maternity Benefit Act of 1961 stipulates that new mothers are entitled to take six months or 26 weeks of paid leave for their first two children. For each subsequent child, the mother can take three months or 12 weeks of leave, which is also fully paid for by the employer.

Brajesh Mohan - RBI, SEBI, NABARD

17 May 2023 13:13

SEBI proposes regulatory framework for fractional ownership platforms.

Fractional ownership platforms are a type of investment platform that allows investors to buy a small share of a real estate asset, typically for a minimum investment of Rs. 10 lakh.

These platforms have mushroomed in the past three years, and Sebi has proposed a regulatory framework to protect investors.

Fractional ownership platforms work by dividing a real estate asset into small shares, which are then sold to investors. The investors own a percentage of the asset, and they are entitled to a share of the rent and any capital appreciation.

Suppose you want to invest in a commercial property, but you don't have the money to buy the whole property yourself. You can use a fractional ownership platform to buy a small share of the property. For example, you might be able to buy a 1% share of the property for Rs. 10 lakh. This would give you a 1% share of the rent and any capital appreciation.

Brajesh Mohan - RBI, SEBI, NABARD

15 May 2023 18:33

A 22-year-old Assistant Manager (SEBI Grade A) filled out an affidavit in Supreme Court in the Adani Hindenburg case. If we keep politics aside, understand the level of responsibility you get.

SEBI has filed a rejoinder affidavit in response to a petition relating to the scathing Hindenburg Research report on the Adani Group.

Brajesh Mohan - RBI, SEBI, NABARD

13 May 2023 19:31

Newspaper Summary PDF - Week - II (8th - 13th) May 2023 based on Business Standard, Business Line and The Hindu.

Useful in Exams - IBPS PO, SBI PO, RBI Grade B, NABARD Grade A and All the Banking and Regulatory Exams.

Note: Best Viewed in Laptop/Desktop/Print Out.

Please share it with others.

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Brajesh Mohan - RBI, SEBI, NABARD

12 May 2023 10:43

The Edison Story

Progress in life comes to those, who live their life with enthusiasm, confidence and far-sightedness.

Brajesh Mohan - RBI, SEBI, NABARD

12 May 2023 08:06

The Union government has notified lowering of the threshold for e-invoicing from Rs 10 crore to Rs 5 crore following which it will be mandatory for smaller businesses to carry business transactions via e-invoices from August 1, 2023.

Under the Goods and Services Tax (GST) law, e-invoicing for business-to-business (B2B) transactions was made mandatory for companies with turnover of over Rs 500 crore from October 1, 2020, which was then extended to those with turnover of over Rs 100 crore effective January 1, 2021.

From April 1, 2021, companies with turnover of over Rs 50 crore were generating B2B e-invoices, and the threshold was brought down to Rs 20 crore beginning April 1, 2022. From October 1, 2022, the threshold was further lowered to Rs 10 crore.

Brajesh Mohan - RBI, SEBI, NABARD

11 May 2023 14:54

Newspaper Summary PDF - Week - IV (24th - 29th) April 2023 based on Business Standard, Business Line and The Hindu.

Hey Guys, I have decided to make these PDF available to all of you till July 30th and Later from 1st week of August it will be monetized.

Hope you find it Useful and share it with everyone.

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Brajesh Mohan - RBI, SEBI, NABARD

11 May 2023 10:49

ONDC is not an app or service but a platform designed and developed by the Government. This service helps to connect or digitalise businesses with customers. Currently, there are partners like Paytm, Meesho which act as online storefronts, allowing users to order food or any other product from a business listed on the ONDC platform.

When you order food or a product from the ONDC platform via an app like Paytm, the platform takes a small commission, and then the order is passed on to the business.

ONDC has its own challenges: When we order food via Zomato or Swiggy or groceries via Amazon or Paytm, these platforms will have their own delivery executives. However, when we order a product from ONDC, the restaurant has to send its own runner, which has some challenges. If the same restaurant receives a few orders at once, it might not be able to serve all of them. Similarly, unlike Zomato or Swiggy, ONDC does not provide details like the estimated time of delivery.

Brajesh Mohan - RBI, SEBI, NABARD

09 May 2023 10:23

All those who have any special Query regarding anything either age relaxation, Eligibility, Reservation etc.

You can check contact details of HRM Dept in Above link and send them an email.

Concerned authorities of HRM dept.
1. Ajay Kumar - Executive Director
Email- edak@rbi.org.in

2. Subrata das - chief GM incharge
Email - cgminchrmd@rbi.org.in

Don't call repeatedly rather send an email which should be a request.

Do not forget to mention 'RBI Officers in Grade 'B'-' DR' GENERAL/DEPR/DSIM (as applicable), in the subject of the email

Brajesh Mohan - RBI, SEBI, NABARD

09 May 2023 08:50

❇️ Updated Syllabus of Economics and Social Issues.

Economics: There has been no significant change in the economy; it remains the same as it was previously.

Social Issues: They have removed a few topics such as health, education, etc.

Q. Do we have to study the programmes of the Ministry of Health and Education?

Ans - I don't think it's related to reading programmes or not; there is no mention of Rural Development, Power, or Panchayati Raj, but they have asked questions from these ministries too if those were in the news or launched recently.

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Brajesh Mohan - RBI, SEBI, NABARD

09 May 2023 06:46

❇️ Change in Finance Syllabus - Following Topics Added

I. Role of Information Technology in Banking and Finance

II. Developments in Digital Payments

- These two added at the place of Fintech.

III. Basics of Accounting and Financial Statements - Balance Sheet, Profit and Loss, Cash Flow Statements, Ratio Analysis (such as Debt to Equity, Debtor Days, Creditor Days, Inventory Turnover, Return on Assets, Return on Equity, etc.) - New Subject

Topics Eliminated:
I. Fintech
II. Role of eGovernance (These two have been given with different approach)
III. Global Financial Crisis - They given Recent Development in Global Financial Institutions and Impact on India.

Note: It means now RBI can ask Numerical once again in FM Paper.

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Brajesh Mohan - RBI, SEBI, NABARD

09 May 2023 06:19

RBI Grade B Application Started.

Check this Video before Applying

https://youtu.be/WJLngUHvTr0

Brajesh Mohan - RBI, SEBI, NABARD

09 May 2023 05:27

All those who are working in Public sector/Govt organizations should inform their Organization.

Note: In case a communication is received from your employer by the RBI Services Board, withholding permission to you against applying for this post/examination, your application is liable to be rejected and your candidature may be cancelled.

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Brajesh Mohan - RBI, SEBI, NABARD

18 May 2023 19:43

Hey Guys,

We are soon going to start NABARD Grade A 2023 Weekly Mock Test.

If you are solely preparing for NABARD Grade A exam and aiming to Crack then you must join this batch.

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Brajesh Mohan - RBI, SEBI, NABARD

17 May 2023 15:45

The Securities and Exchange Board of India (SEBI) is mulling expanding the definition of qualified institutional buyer (QIB) for debt securities. The move is aimed at increasing the supply of funds to the issuers of such securities and for further developing the debt markets.

Among others include, NBFCs, housing finance companies, pension funds, small finance banks, reinsurance companies, refinancing agencies such as MUDRA, universities and urban local bodies should be included in the QIB category.

The proposed move would increase the potential investor base for issuers of debt securities and help in further developing the debt markets, the consultation paper said.

The regulator suggested that certain categories of investors should be included in the QIB segment such as SEBI-regulated entities as well as multistate cooperatives with net worth of over Rs 500 crore.

Brajesh Mohan - RBI, SEBI, NABARD

17 May 2023 13:50

Crude oil prices fell by 10% in April, which helped to lower the prices of other commodities. Crude oil is a major input in the production of many goods and services, so its decline in price led to lower prices for these goods and services.

The global economy is slowing down, which is leading to lower demand for commodities. As the global economy slows down, businesses produce less and consumers buy less. This lower demand leads to lower prices for commodities.

Brajesh Mohan - RBI, SEBI, NABARD

16 May 2023 08:30

15 Days Descriptive Answer Writing Revision Schedule - RBI Grade B 2023.

It's open for all.

Join 👉 @descriptive_bankexam

Brajesh Mohan - RBI, SEBI, NABARD

14 May 2023 19:48

This Data tells you a lot about RBI Grade B Preparation.

Q. Have you attempted any mock test or have done any Descriptive writing practice before?

- 74% people are saying, no they haven't any.

Brajesh Mohan - RBI, SEBI, NABARD

13 May 2023 17:32

I've been saying for a long time that most people overlook this aspect of Descriptive Writing.

Even in the descriptive tips PDF, I had mentioned the challenges that you face in a real exam.

The IBPS interface and keyboard provided are both irritating at their core, so you will have to practise such things.

If you have a typing speed of 40 wpm, then in the actual exam your speed will be somewhere around 30–35 words.

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Brajesh Mohan - RBI, SEBI, NABARD

12 May 2023 08:22

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Brajesh Mohan - RBI, SEBI, NABARD

11 May 2023 17:40

While exports were earlier reckoned to have grown 6% in 2022-23 to hit $447.46 billion, that number has now been pared to $444.4 billion, reflecting a 5.3% rise from 2021-22.

The import bill for last year has also been scaled down from $714.24 billion to $711.85 billion, indicating a growth of 16.1%. The trade deficit for the year has risen 40.8% to $267.45 bn, slightly higher than the 40% estimated earlier.

Brajesh Mohan - RBI, SEBI, NABARD

11 May 2023 14:54

Newspaper Summary PDF - Week - I (1st - 6th) May 2023 based on Business Standard, Business Line and The Hindu

Brajesh Mohan - RBI, SEBI, NABARD

09 May 2023 14:55

RBI Grade B Updated Syllabus PDF.

Your preparation should be according to updated Syllabus.

No need to cover things which have been eliminated from syllabus.

Brajesh Mohan - RBI, SEBI, NABARD

09 May 2023 09:48

RBI Grade B 2023 - What to Do for Prelim Exam

Check Out - https://brajeshmohan.go.studio/

Brajesh Mohan - RBI, SEBI, NABARD

09 May 2023 07:01

Recommended Reading by RBI Apart from Books

- Prominent Financial Newspapers

- Material sourced from RBI and BIS website

-Magazines/Periodicals/ Bulletins including RBI Bulletins, EPW, India Today, etc.

- Reports: 1. World Development Report 2. Economic Survey of India 3. RBI Annual Report 4. Report on Trend and Progress of Banking in India, Report on Currency and Finance etc. 5. IMF: World Economic Outlook

- Economic Survey

- Material sourced from RBI website

Note: Most of these already provided in our PIB Magazine except magazine part as well as we have also started Newspaper Summary of Prominent Financial Newspapers - BS/BL (Others are ET, FE, Live Mint), sometimes I check these too

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Brajesh Mohan - RBI, SEBI, NABARD

09 May 2023 06:38

RBI Grade B 2023 Official Notification PDF Out

No major Change in Exam Pattern, Eligibility, Educational Qualifications.

https://opportunities.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=4259

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Brajesh Mohan - RBI, SEBI, NABARD

09 May 2023 05:31

❇️ RBI Grade B 2023 Recruitment (Application Started)

No Of Vacancy - 291 (222 - DR - Gen)

Last Date - 9th June 2023

Phase 1 Exam - 9th July 2023

Phase 2 Exam - 30th July 2023

Eligibility Age - 21 to 30 Years (Date Of Birth should be between 02/05/1993 to 01/05/2002)

Educational Qualifications - 60% in Graduation or 55% in PG (Completed by 1st May 2023) - Few other conditions are there, check Notification.

Note - From 2021 onwards, no 60% in 10, 12th exam as criteria available. Only Graduation or PG.

No Of Attempts - 6 (Those who are 21-23, don't waste your attempt if not prepared)

Application Fee - Rs. 850/-

Category Reservation - Certificate for EWS/OBC should be made between 1st April 2023 - 9th June 2023. No such dates for SC/ST.

Application - https://ibpsonline.ibps.in/rbioapr23/

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Brajesh Mohan - RBI, SEBI, NABARD

09 May 2023 05:21

❇️ OBC and EWS Certificate should be created after 1st April 2023 and before 9th June 2023

Candidate belonging to EWSs category should be in possession of “Income and Asset Certificate” issued by a Competent Authority in the format prescribed by Government of India for the Financial Year 2022-23 and Valid for the Year 2023-24 but not later than the closing date of applications for the posts i.e. June 09, 2023, In case they are not in possession of the said certificate before the closing date of online application , such EWSs candidates should apply under “General (GEN)” category.

Candidates belonging to OBC category but coming under creamy layer are not entitled to OBC reservation. They should indicate their category as GEN/UR in the online application form. Candidates claiming relaxation available to OBC category should have OBC certificate issued on or after April 01, 2023 but before the closing date of application i.e. June 09, 2023.

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