RBI releases Framework for sale of Loan Exposure and Securitization of Standard Assets

The Reserve Bank of India recently released draft framework for “Sale of Loan Exposures” and “Securitization of Standard Assets”. Highlights The guidelines issued are applicable to Scheduled Commercial Banks. This includes All India Financial Institutions such as EXIM Bank, NABARD, Non-Banking Financial Companies. The guidelines have also included recommendations of Committee on Development of Housing ..

Month: Current Affairs - June, 2020

Category: Economy & Banking Current Affairs

Topics: Committee • Dr Harsh Vardhan • Exim Bank • Financial Institutions • NABARD • Non-Banking Financial Companies (NBFCs) • Reserve Bank of India (RBI) • Stressed Assets • Task Force

Bimal Julka Committee on Rationalization of Film Media units

On June 2, 2020, the Bimal Julka Committee on Rationalization of Film Media operating under Ministry of Information and Broadcasting submitted its report to the ministry. Key Findings of the report The Committee recommended roadmaps for the development of National Film Development Corporation, Children’s Film Society of India, Films division, Satyajit Ray Film and Television ..

Month: Current Affairs - June, 2020

Category: India Nation & States Current Affairs

Topics: Committee • Film • Ministry of Information and Broadcasting • National Film Development Corporation • Satyajit Ray

GoI implements Shekatkar Committee to create border infrastructure

On May 18, 2020, the Government of India implemented the recommendations made by the Shekatkar Committee to create border infrastructure. Highlights The GoI based on the recommendation of the committee has adopted Engineering Procurement Contract (EPC) to execute the works that costs more than Rs 100 crores. The recommendation of the committee to enhance procurement ..

Month: Current Affairs - May, 2020

Category: Defence Current Affairs

Topics: Border Infrastructure and Management • Border roads • Bro • Committee • Indian Army • Military • Shekatkar Committee

Central Panel recommends to ban use of TB drugs on crops

The Registration Committee that was set up under the Central Insecticides Board and Registration Committee (CIBRC) has recommended that TB drugs such as Streptomycin and Tetracycline should be completely banned on crops. Highlights The Registration Committee held its 114th meet on May 1, 2020. According to the report submitted by its subcommittee, 9% of Streptomycin ..

Month: Current Affairs - May, 2020

Category: India Nation & States Current Affairs

Topics: Agriculture • Centre for Science and Environment • Committee • Drugs • ICAR • Pesticides • Science and Technology • Tuberculosis

GoI plans to reduce dependency for drug intermediates and APIs

The Indian Institute of Chemical Technology (IICT) has collaborated with LAXAI Life Sciences to produce Active Pharmaceutical Ingredients inside India. This will help to reduce dependence of pharmaceutical sector on Chinese imports. Active Pharmaceutical Ingredients The Active Pharmaceutical Ingredients are also known as bulk drugs. They are the main part of the drugs that produce ..

Month: Current Affairs - April, 2020

Category: India Nation & States Current Affairs

Topics: Apis • CDSCO • Committee • Environment Protection • environmental pollution • India China • Lok Sabha • Pollution