Banking and Financial Inclusion

Context: Complementing the PMJDY, India unveiled the account aggregator (AA) network to overcome the challenges of access to micro-credit for individuals and […]

Context: According to RBI Indian banking system has performed better than the expectation during the pandemic but it is still

Context: Search and seizure operations at 60 premises of four ARCs have exposed the “unholy nexus” between the borrowers and

Context: Ministry of Corporate Affairs (MCA) has published a draft framework for cross-border insolvency proceedings based on the UNCITRAL Model

Context: National Asset Reconstruction Company (NARC) offers hopes for the faster clean-up of lenders’ balance sheets. NARCL is not a

Steps taken to reform Debt Recovery Process: In 1962, after the Palai Central Bank failed, an amended RBI Act provided

Context: RBI had constituted the working group on digital lending including lending through online platforms and mobile apps under the

According to the Chief economic adviser at State Bank of India (SBI), India is now ahead of China in financial inclusion

Background: Finance Ministry has issued a fresh set of norms to guide state-owned banks in adopting a uniform staff accountability

History of Bank Nationalization in India: 14 banks with deposits of at least Rs 50 crore each were nationalised on