Differentiated Bank Licences and Issues with New Licenses in India

The Indian financial system currently consists of commercial banks, co-operative banks, financial institutions and non-banking financial companies (NBFCs). The commercial banks can be divided into categories depending on the ownership pattern, viz. public sector banks, private sector banks, foreign banks. ..

Month: Current Affairs - November, 2011

Banking & Finance Update

April 17, 2009: RBI Turns Net Foreign Exchange BuyerApril 18, 2009 : RBI widens scope of unsecured loansApril 20, 2009 : IFC-backed funds to pick up equity in Indian infra projects April 20, 2009 : Meltdown hits Rs 5,500cr solar ..

Month: Current Affairs - May, 2009

Category: Government Schemes Current Affairs

Quick Current Affairs

1. The Government has decided to infuse a 3800 crore fund to UCO Bank , Central Bank of India and Vijaya Bank to shore up their capital adequacy. 2. The citizens dream of “anytime, anywhere” could be reality by 2013 ..

Month: Current Affairs - February, 2009

Category: Government Schemes Current Affairs