1. RBI DECLARES THE REMOVAL OF 2000-EURO BILLS FROM CIRCULATION
The Reserve Bank of India (RBI) has made a momentous decision to stop issuing banknotes with the denomination of 2000. These notes will no longer be printed, although they will still be accepted as legal money.
The transfer of Rs 87,416 crore in excess to the government for the fiscal year 2022–23 has been authorized by the Reserve Bank of India (RBI). The transfer of Rs 30,307 crore from the previous year is virtually double this sum.
2. TRIPLE THE AMOUNT OF THE PREVIOUS YEAR'S SURPLUS TRANSFER TO THE GOVERNMENT, APPROVED BY THE RBI FOR FY23 IS RS 87,416 CRORE
The initial public offering (IPO) of the Indian Renewable Energy Development Agency (IREDA) is scheduled to take place soon. The government has designated IDBI Capital, BOB Capital, and SBI Capital as the main managers for the IPO to oversee this momentous event.
3. IREDA IPO HAS BEEN CHOSEN TO MANAGE THE DEVELOPMENT OF RENEWABLE ENERGY