Bank Recapitalisation
Context: The Union Government has announced Bank Recapitalisation Plan to infuse Rs. 2.11 lakh crore ( $32.4 billion) capital into […]
Context: The Union Government has announced Bank Recapitalisation Plan to infuse Rs. 2.11 lakh crore ( $32.4 billion) capital into […]
Context: The scale of the NPA problem at PSU banks is much larger than was thought, and the downturn in
Context In 1994 Reserve Bank of India (RBI), announced a landmark decision to fully deregulate interest rates on advances above
What does bankruptcy mean? A company is bankrupt if it is unable to repay debts to its creditors (banks, suppliers
Facts: Indian banks have an estimated Rs 10 trillion as stressed assets. Of this, gross bad loans amounts close to
Ordinance: Union Cabinet has passed an Ordinance to amend the Banking Regulation Act for the sake of giving more powers
Negative Impacts: Demonetisation will significantly disrupt economic activity and lead to weaker growth in near-term There will be a loss
Facts: The ratio of cash to gross domestic product in India is one of the highest in the world The number of
What are small finance banks? The small finance bank will primarily undertake basic banking activities of acceptance of deposits and