NPA
Credit Guarantee Scheme for Subordinate Debt (CGSSD)
On 14th March Ministry of Micro, Small and Medium Enterprises (MSMEs) announced the extension of the Credit Guarantee Scheme for Subordinate Debt (CGSSD) by another year. About extension of the scheme Launched in June 2020, the Credit Guarantee Scheme for ..
Month: Current Affairs - March, 2022
Category: Economy & Banking Current Affairs - 2024
RBI List of Scheduled Banks – Update
The Reserve Bank of India (RBI) recently included Airtel Payment Bank in the second schedule of RBI Act, 1934. And HDFC, ICICI and SBI are to remain as D – SIB. D – SIB is Domestic Systematically Important Banks. Criteria ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2024
Cabinet Approval: Capital Infusion in three public sector Units OICL, UIICL and NICL
On February 12, 2020, the Union Cabinet approved on capital infusion in three Public Sector Units namely United India Insurance Company (UIICL), Oriental Insurance Company Limited (OICL) and National Insurance Company Limited (NICL). Highlights During the meet the cabinet also ..
Month: Current Affairs - February, 2020
Public Enterprises Survey: Air India, MTNL, BSNL highest loss makings PSUs in FY19
On February 10, 2020, the Department of Public Enterprises operating under Ministry of Heavy Industries tabled the “Public Enterprises Survey” on the parliament. The report says that the net profit from the PSUs has increased by 15.5% as compared to ..
Month: Current Affairs - February, 2020
Shaktikanta Das named the ‘Central Banker of the Year 2020 – Asia-Pacific’
The Banker magazine has named the Reserve Bank of India (RBI) Governor Shaktikanta Das as the Central Banker of the Year- Asia-Pacific 2020. ‘Global Central Banker of the Year’ award was presented to Jorgovanka Tabakovi, National Bank of Serbia. The award is given ..
Finance Minister launches eBkray; an e-auction platform
On December 29, 2019, Finance Minister Nirmala Sitaraman launched “eBkray” to enable online auction of assets owned by banks. eBkray is an online portal that will act as a common platform to buy and sell assets through auction. Highlights The ..