Shadow Banking Current Affairs, GK & News
Regulation of Housing Finance Corporations
The Central Government of India may give the power to regulate the various housing finance corporations (HFCs) in the country to the Reserve Bank of India (RBI). The inclusion of RBI in the regulatory role would mean stringent asset quality reviews for the HFCs. RBI would force the HFCs to face high scrutiny and it ..
Topics: Housing • infrastructure • NBFC • NHB • RBI • Regulations • Shadow Banking
Types of Banking
Various Types of Banking are as follows: Branch Banking Branch banking involves business of banking via branches. The branches are set up under Section 23 of Banking Regulations Act, 1949. A branch should cater to all banking services and include a specialized branch, a satellite office, an extension counter, an ATM, administrative office, service branch ..
Topics: Islamic Banking • Mixed Banking • Narrow Banking • Relationship Banking • Retail Banking • Shadow Banking • Social Banking • Unit Banking • Universal Banking • Virtual Banking • Wholesale Banking