Page-3 of Committee Current Affairs, GK & News

Justice B.N.Srikrishna Committee recommendations to be reviewed by a 9-member IRDA panel

The Insurance Regulatory and Development Authority (IRDA) set up a 9-member panle to review the 14 non-legislative recommendations made by the Financial Sector Legislative Reforms Commission (FSLRC). The role of panel is to: Examine the extant legislative and regulatory framework in compliance 14 Non-Legislative Recommendations (NLRs). Identify the gaps and possible improvements in the extant ..

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New Maharashtra law for recovery of bad loans

Maharashtra government appointed a committee to bring a legislation that will improve the recovery of loans given as part of government schemes. The proposed legislation will create a mechanism for forceful recoveries of loans given under government schemes. It will not be applicable to agricultural and other loans. What are Non performing Assets (NPA)? Any asset, ..

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