Page-2 of Public Sector Banks (PSBs)

What are Off-Budget Borrowings?

January 28, 2021

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 borrowings so as to reduce the Fiscal Deficit. What are off-budget borrowings? ..

Month: 

RBI Financial Stability Report

January 15, 2021

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 ..

Month: 

RBI Trend and Progress Report, 2020

December 30, 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. ..

Month: 

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

June 13, 2020

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 ..

Month: 

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

June 2, 2020

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 ..

Month: 

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

June 14, 2017

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 ..

Month: