Page-3 of Regional Rural Bank Current Affairs, GK & News

Rural banks told to double home loan limit for priority sector

The RBI has demanded all RRBs (Regional Rural Banks) to double the limit for home loans to Rs 10 lakh from Rs 5 lakh for lending for the Priority Sector. The increment in the limit will be applicable for the bank loans extended to non-governmental agencies, sanctioned by National Housing Bank for their refinance, on-lending ..

Month: 

Topics: 

History of Reserve Bank of India

Prior to RBI, all the functions of a central bank were being done by Imperial Bank of India. Imperial Bank of India was established in 1921 via the Imperial Bank of India Act, 1920 which amalgamated three Presidency Banks into one strong bank. This bank was directed to open 100 branches in next 5 years ..

Topics: 

Current Affairs March 29, 2010

Appointments:Chairperson: National Advisory Council : Sonia GandhiNational Advisory Council of India is an advisory body. It was set up in 2004 to monitor the implementation of the UPA government’s manifesto, the Common Minimum Programme. On 23 March 2006, Sonia Gandhi had announced her resignation from the Lok Sabha and also as chairperson of the National ..

Month: 

Category: 

Topics: 

3 / 3123