Page-50 of Finance

S. C. Gupta Panel for Control on Money Lenders in India

RBI announced in the ‘Annual Policy Statement for the year 2006-2007’ the setting up of a Technical Group to review legislations on money lending for : reviewing the efficacy of the existing legislative framework, which governs money lending, reviewing the ..

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RBI’s Financial Literacy Drive Programme for Financial Inclusion

The idea behind the Financial inclusion is that all people or every household in the country must have an operative account in a bank. To achieve 100 per cent financial inclusion across the country,Reserve Bank of India has decided to ..

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India’s first Islamic bank will open in Kerala by 2010

  What is a Islamic Bank? Islamic banking refers to a system of banking or banking activity that is consistent with the principles of Islamic law (Sharia) and its practical application through the development of Islamic economics. Sharia prohibits the ..

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Current Affairs 2009 Business & Finance Mini Current Affairs

September 22, 2009: ADB projects China’s Growth 8.2 percent in 2009September 19, 2009: Irda setting up database of insured vehiclesSeptember 17, 2009: Japanese loan for Railway freight corridorSeptember 15, 2009: 64 ‘multi-function stations’ of Indian RailwaysSeptember 8, 2009: SEWA Bank ..

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Current Affairs Current Affairs : Business & Economy : August 2009

August 14, 2009: Stephen Schwarzman is America’s Highest Paid CEOAugust 14, 2009: Voter ID cards as age proof for pensioners above 80August 14, 2009: Infosys: Most admired Indian companyAugust 17, 2009: Railways to replace electrical multiple units with IGBT technology ..

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Kisan Credit Card Scheme

The aim of Kisan Credit Card Scheme (KCC) is to provide adequate and timely support from the banking system to the farmers for their short-term credit needs during their cultivation for purchase of inputs etc., during the cropping season. Credit ..