Financial Institution Current Affairs, GK & News
On June 24, 2020, the Union Cabinet under PM Modi approved the scheme for interest subvention of 2% to all Shishu loans under Pradhan Mantri Mudra Yojana (PMMY). Highlights The scheme is to be extended to loans that will meet the following criteria The Outstanding loans as on March 31, 2020 The loans that are ..
Month: Current Affairs - June, 2020
Topics: Atma Nirbhar Bharat Abhiyan • Financial Institution • Government Schemes India • MSME • MSME sector • MUDRA • Non Performing Assets • Pradhan Mantri Mudra Yojana • Shishu • Small Industries Development Bank of India(SIDBI)
The Bengaluru-headquartered small scale bank Jana Small Finance Bank Limited has received the status of a Scheduled Bank. What are Scheduled Banks of India? The Scheduled Banks are the banks which are included in the Second Schedule of Reserve Bank of India Act, 1934. The Reserve Bank of India includes the banks in Second Schedule ..