India's No.1 PU & Degree With Integrated IAS & IPS(UPSC/PSC) Training College.
RBI ISSUES DRAFT REVISED GUIDELINES FOR LEAD BANK SCHEME Why in the News? Draft Circular: Reserve Bank of India (RBI) released draft revised guidelines for the Lead Bank Scheme (LBS) seeking public comments. Institutional Reform: The revision aims to strengthen coordination mechanisms under the State Level Bankers’ Committee (SLBC) OBJECTIVES OF REVISED LEAD BANK SCHEME …
Read MoreFather of the Nation’s Vision and 50 Years of Regional Rural Banks “Back to the Villages” – Gandhiji’s Dream Mahatma Gandhi, the Father of the Nation, always believed that “India lives in her villages.” Rural upliftment, for him, was the soul of Swaraj. To bring his vision alive, the Government of India launched the Regional …
Read MoreWhy in the news? The Finance Minister cites the RBI report emphasizing IBC’s role in aiding banks to recover from the NPA crisis. IBC served as a crucial mechanism for banks to address stressed assets and facilitate recovery. source:micoope About the NPA crisis: Non-Performing Assets (NPAs) are loans where payments haven’t been made for 90 …
Read More
