Current Affairs

GK MCQs Section

Topic: Public Sector Banks (PSBs)

Finance Minister launches EASE 4.0

Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, launched the fourth edition of Public Sector Bank (PSB) Reforms Agenda called ‘EASE 4.0’ for the financial year 2021-22....

August 27, 2021

NITI Aayog submits names of PSU banks to be privatised

NITI Aayog has submitted names of Public Sector Undertaking (PSU) that will be privatised to Core Group of Secretaries on Disinvestment. Highlights All these PSBs will be privatised...

June 4, 2021

S Ramann: New Chairman and Managing Director of SIDBI

The Government of India recently appointed S Ramann as the Chairman and Managing Director of Small Industries and Development Bank of India. About the Appointment The appointment is...

April 8, 2021

FinMin allows all Private Banks to Participate in Government Business

The finance ministry has allowed all the private sector banks to participate in business related to government such as small savings schemes and collection of taxes pension payments....

February 25, 2021

Privatisation of PSBs: Govt to bring Two Amendments

The government will bring about amendments in the two acts in order to facilitate the privatisation of public sector banks (PSBs). Key Facts Amendments will be made in...

February 17, 2021

Govt to work with RBI for Privatisation of Banks

Recently the Union Finance Minister, Nirmala Sitharaman, while addressing the business leaders, chartered accountants and tax professionals in Mumbai stated that the central government will work with the...

February 8, 2021

What are Off-Budget Borrowings?

The Government of India is all set to present the Union Budget 2021 on February 1, 2021. This year, the focus of the budget will be on off-budget...

January 28, 2021

RBI Financial Stability Report

The Reserve Bank of India recently released to the financial stability report for December 2020. This is the 22nd issue of financial stability report of the apex bank....

January 15, 2021

RBI Trend and Progress Report, 2020

The Trend and Progress report of Reserve Bank of India provides information about performance of the banking sector. This includes non-banking Financial Institutions and cooperative banks. The report...

December 30, 2020

RBI sets up P K Mohanty Panel to Review Ownership of Private Banks

On June 12, 2020, the Reserve Bank of India has constituted an internal working group. The working group is to review guidelines of ownership of private sector banks....

June 13, 2020

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