Page-3 of Regional Rural Bank Current Affairs, GK & News
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 ..
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 ..
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 ..
Category: Government Schemes Current Affairs
Topics: Bharat Financial Inclusion • Current Affairs 2010 • Economy of India • Financial services • Pramit Jhaveri • Regional Rural Bank • Reserve Bank of India • States and union territories of India