Corporates Current Affairs, GK & News
PSBs disbursed Rs 4.91 lakh crore under the Customer Outreach Initiative in October and November 2019
In September 2019, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, announced the launched the Customer Outreach Initiative by the Public Sector Banks (PSBs) of India. The initiative aimed towards providing support to the needs of the economy by improving credit delivery or the credit outflow with a primary focus on NBFCs, MSMEs, ..
Category: India Nation & States Current Affairs
Topics: agricultural loans • Corporates • customer outreach initiative • education loan • Home loan • Minister of finance and corporate affairs • Ministry of Finance • MSME • NBFC • Nirmala Sitharaman • Public Sector Banks
Corporate social responsibility (CSR) is a modern business practice. It aims to achieve a medium of self-regulation in which the company or the corporation is encouraged to be more socially accountable to the public. What is CSR? CSR is the practice whereby a corporate invests some of its profits back into the social development projects ..