Banking and Financial Inclusion

The Reserve Bank of India (RBI) released a draft circular titled ‘Liquidity Risk Management Framework for NBFCs and Core Investment […]

National Asset Reconstruction Company Ltd: The National Asset Reconstruction Company Ltd or NARCL is the name of the asset reconstruction

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

The Finance Ministry has asked the public sector banks to gradually reduce the government’s equity to 52 per cent. Currently,

Context: Union Finance Ministry has doubled pecuniary limit to Rs. 20 lakh from Rs.10 lakh for filing loan recovery application

Context: According to RBI, India’s banks had 12.5% of their total loans categorised as non-performing or restructured at the end

Context: The Reserve Bank of India (RBI) had placed 11 public sector banks (PSBs) out of 21 State-owned banks under

Context: Rs 11,400 crore transaction fraud case in PNB. This is in addition to the 280 crore fraud case that

Positives: Demonetisation has reduced cash with citizens. Bank deposits have increased by somewhere between Rs 2.8-4.3 lakh crore. Currently, banks

Purpose of PSBs consolidation: The move to create large banks through consolidating PSBs aims at meeting credit needs of growing