RRBs Current Affairs, GK & News
The Central Government is mulling to set up a National Rural Bank to ease the agricultural woes in India. What is a National Rural bank? The National Rural is an envisaged attempt of the policymakers to create a large bank to look specifically after the agriculture sector. This may or may not be created by ..
The Reserve Bank of India (RBI) has deferred the implementation of new accounting rules, Indian Accounting Standards (Ind AS) for banks till further notice. This is the second extension provided by the RBI. Earlier in April 2018, RBI had postponed the implementation of Ind AS by the banks by one year. RBI has reasoned that ..
Category: Economy & Banking Current Affairs
Union Cabinet has approved extension of scheme of recapitalization of Regional Rural Banks (RRBs) for next three years (upto 2019-20). This will enable RRBs to maintain minimum prescribed Capital to Risk Weighted Assets Ratio (CRAR) of 9%. It will ensure strong capital structure and minimum required level of CRAR. This will facilitate financial stability of ..
Month: Current Affairs - July, 2018