scheduled commercial banks Current Affairs, GK & News
Basic Savings Account can be opened in Post Offices
The Ministry of Finance recently notified changes in Post Office Savings Account Scheme, 2019. The ministry notified that a beneficiary of Government welfare scheme can open a basic savings bank account with any post office in the country. What are the changes introduced? The accounts can be opened in an India Post Payment Bank or ..
Month: Current Affairs - April, 2021
Category: Economy & Banking Current Affairs
Topics: Basic Savings Account • Basic Savings Bank Deposit Accounts • Financial inclusion • India Post PAyment Bank • Pradhan Mantri Jan Dhan Yojana • scheduled commercial banks
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)