Daily Current Affairs / RBI to set up a five-member panel on new umbrella entity licenses
Category : Business and economics Published on: September 03 2021
· The Reserve Bank of India (RBI) has constituted a five-member committee to review applications and make recommendations on New Umbrella Entity (NUE) licences.
· The five-member committee will be headed by RBI Chief General Manager P Vasudevan.
· The new umbrella entities will set up their own payment structure to compete with the National Payments Corporation of India (NPCI).
Important facts:
About RBI
v The First Governor of RBI was Sir Osborne Smith and the First Indian Governor of RBI was CD Deshmukh.
v The First woman Deputy Governor of RBI was KJ Udeshi.
v The only Prime Minister who was the Governor of RBI was Manmohan Singh.
v Present Governor of RBI: Shaktikanta Das.
India’s maternal mortality ratio drops to 97 per 1,00,000 live births as institutional deliveries rise to 89%.
Read More....NTH and India Post signed an MoU to enable nationwide doorstep sample collection and faster, reliable testing through NTH laboratories.
Read More....MYAS launched a Comprehensive Internship Policy offering 452 annual internships to build a skilled, future-ready sports workforce in India.
Read More....RBI’s Handbook of Statistics 2024–25 highlights that India’s export growth is increasingly concentrated in a few developed coastal and industrial States, raising concerns over regional imbalance.
Read More....Jnanpith Award-winning Hindi writer Vinod Kumar Shukla, the first recipient from Chhattisgarh, passed away at the age of 88 in December 2025.
Read More....IIT Delhi has developed AILA, India’s first autonomous agentic AI lab assistant capable of independently conducting real-world scientific experiments.
Read More....India witnesses record growth in IPR filings, led by trademarks and patents, reflecting a shift towards self-reliance in innovation.
Read More....DRDO successfully tests Akash-NG missile, enhancing India’s air defence capabilities.
Read More....Union Minister Manohar Lal inaugurated the second 250 MW unit of the Subansiri Lower Hydroelectric Project, boosting India’s clean energy capacity and supporting North-East growth.
Read More....Thanjavur painting of Lord Ram, a classical art form from Tamil Nadu with GI tag, was transported from Bengaluru to Ayodhya, showcasing India’s rich cultural heritage.
Read More....
