Green Banking refers to adopting eco-friendly practices in banking operations and promoting environmentally sustainable projects through banking services. It aims to make banking processes, assets, and policies environmentally...
Climate change is now recognized as a financial risk for banks. Banks need to manage it just as they manage credit or market risks. Climate stress testing is...
A carbon market allows countries or companies to trade emission allowances or credits, putting a price on greenhouse gas emissions. It uses market incentives to reduce emissions where...
The NBFC sector in India is diverse, comprising various categories of institutions tailored to different functions. The RBI classifies NBFCs on three broad bases: by the nature of...
This timeline will help in quick revision of important dates and events related to the RBI and banking in India. 1930s and 1940s Apr 1, 1935: RBI established...
In the capital market, shares, bonds, and debentures are fundamental instruments that companies and governments use to raise funds. These represent different types of securities – broadly categorized...
Retail banking, also called consumer or personal banking, refers to banking services provided directly to individual customers, as opposed to businesses or institutions. Retail banking is the primary...
Cooperative banks are member-owned financial institutions operating on cooperative principles such as one member, one vote. Unlike commercial banks, their primary objective is financial inclusion and affordable credit,...
Local Area Banks were an experimental category of private banks introduced in 1996. The RBI allowed LABs as small banks to operate in limited geographic areas with the...
The following list shows the timeline of banking in India, with major events and their dates. Ancient Era: c. 2000–500 BCE – References to money lending in Vedic...
Foreign Banks are banks that are incorporated in a foreign country but operate in India through branch offices or wholly-owned subsidiaries. They bring global banking practices and foreign...
NABARD is the apex DFI dedicated to building rural and agricultural prosperity. Established on 12 July 1982 under the NABARD Act 1981, it was created by transferring the...
