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. It is released twice a year. Key Findings of the Financial Stability Report of RBI The Gross non-performing assets ratio of the scheduled commercial banks is to ..

Month: Current Affairs - January, 2021

Category: Economy & Banking Current Affairs

Topics: Financial stability • financial stability report • Non-performing Asset • Public Sector Banks (PSBs) • Reserve Bank of India (RBI)

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 also offers perspectives on the evolving outlook of financial sector of India. The report is a statutory compliance of Banking Regulation Act, 1949. Key Findings of the ..

Month: Current Affairs - December, 2020

Category: Economy & Banking Current Affairs • Reports & Indexes Current Affairs

Topics: Banking Regulation Act • Insolvency and Bankruptcy Code • Non Performing Assets (NPA) • Public Sector Banks (PSBs) • Reserve Bank of India (RBI) • SARFAESI • SARFAESI Act • scheduled commercial banks • TRend and progress report • Urban Cooperative Banks (UCB)

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. Highlights The panel constituted by the apex bank is to examine regulations to hold financial subsidiaries through non-operative financial holding company. The group is to be headed ..

Month: Current Affairs - June, 2020

Category: Economy & Banking Current Affairs

Topics: Banking • Banking Governance • NBFC • Public Sector Banks (PSBs) • RBI Board • Reserve Bank of India (RBI)

Loans worth Rs 3,200 crores sanctioned under Atma Nirbhar Bharat Abhiyan

On June 2, 2020, the Public Sector Banks sanctioned collateral free loans that were worth Rs 200 crores. The complete Rs 200 crore sanction was done in a single day. Highlights The PSBs are set to sanction Rs 3,200 crores under Atma Nirbhar Bharat Abhiyan. This will benefit MSMEs (Micro, Small and Medium Enterprises) that ..

Month: Current Affairs - June, 2020

Category: Government Schemes Current Affairs

Topics: Atma Nirbhar Bharat Abhiyan • Loan Approval • MSME • nirmala sitaraman • Public Sector Banks (PSBs)

Union Cabinet approves Interest Subvention on Short-Term Crop Loan to Farmers

The Union cabinet has approved the Interest Subvention Scheme (ISS) for farmers for the year 2017-18. The Government has allocated Rs. 20,339 crore for this scheme. Salient Highlights The objective of the scheme is to make available agricultural credit for Short Term crop loans at an affordable rate. The scheme is expected to boost agricultural productivity and ..

Month: Current Affairs - June, 2017

Topics: Agriculture • Cabinet Decisions • Cooperative Banks • Interest Subvention Scheme (ISS) • NABARD • National • Public Sector Banks (PSBs) • RBI • Regional Rural Banks (RRBs) • Union Cabinet