Page-11 of Economy & Banking Current Affairs - 2024

“Trend and Progress of Banking in India” Report

India’s banking sector demonstrated continued positive momentum in recent quarters, with falling bad loans, profitable growth and adequate capital buffers. Declining Bad Loan Ratio The non-performing asset (NPA) ratio of scheduled commercial banks dropped to a 10-year low of 3.2% ..

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Dr P. Indira Devi Conferred Prestigious ISAE Fellow 2023 Title

Dr P. Indira Devi, an eminent agricultural economist from Kerala, has been conferred the distinguished title of ISAE Fellow 2023 by the Indian Society of Agricultural Economics (ISAE). This recognition highlights her trailblazing contributions spanning over three decades in the ..

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eSvarna: The First Corporate RuPay Credit Card with UPI

IndusInd Bank has launched a pathbreaking new corporate credit card – eSvarna – on the RuPay network. It is India’s first corporate credit card that allows linking with UPI apps for payments. The card offers comprehensive features tailored to frequent ..

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India Identifies 22 Critical Mineral Blocks for Future Mining

Critical minerals refer to specialized metals and non-metals crucial for high-tech industries, clean energy technologies, defense, aerospace, and electronics. Securing steady supplies of such scarce minerals is vital for India’s self-reliance and strategic interests. Blocks Across 9 States Explored India’s ..

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Draft Omnibus Framework for recognising Self-Regulatory Organisations (SROs) for its Regulated Entities (REs)

The Reserve Bank of India (RBI) has released a ‘Draft Omnibus Framework for Recognising Self-Regulatory Organisations (SROs) for its Regulated Entities (REs).’ The draft framework aims to establish better industry standards for self-regulation and addresses challenges in regulating the rapidly ..

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Jute Corporation of India Launches ‘Paat-Mitro’ App for Jute Farmers

The Jute Corporation of India took a significant step toward supporting jute farmers by launching the ‘Paat-Mitro’ app. Rachna Shah, Secretary, Ministry of Textiles, inaugurated the app, which aims to provide essential knowledge to farmers for optimal jute cultivation and ..

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