Banking and Financial Inclusion

Utility: Direct question can be asked on Bad Bank. Content can be used in question on NPAs, Banking etc. What […]

Background: The President has promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance 2021. About the amendment: It tries to address the

Context: The Union Budget 2021 has announced the privatisation of two public sector banks and one general insurance company in the upcoming fiscal 2021-22.

Reserve Bank of India (RBI) has proposed a tighter regulatory framework for non-banking financial companies (NBFCs) by creating a four-tier

Context: Section 32A was introduced in the IBC by the amendment act of March, 2020. By this section, government provided

Context: Government is planning to for a Bank Investment Company (BIC) to handle investment in PSBs. What is Bank Investment

 Reserve Bank of India (RBI) released a report of its Internal Working Group (IWG) on ownership guidelines and corporate structure of

Context: Reserve Bank of India (RBI) has decided to impose a 30-day moratorium on Chennai-based Lakshmi Vilas Bank Ltd (LVB). Background: LVB was placed under

Wilful Defaulter is an entity or a person that has not paid the loan taken back to the bank despite