The gross NPA of banks has risen to 9.6 per cent (of total advances) in March 2017, from 9.2 per cent in September 2016, as per the RBI data.
Current Banking Scenario (2017). What does financial stability Report June 2017 of RBI say ? (Just to inform you, RBI releases this Financial stability
Indradhanush- A.B.C.D.E.F.G of Banking Sector Reforms The Indradhanush framework includes seven pronged plan, for revamping Public Sector Banks (PSBs) of India.
Market Stabilisation Scheme bonds Before Proceeding towards Market Stabilisation scheme bonds, consider following concepts.
India’s NSFI is in co ordination to a World Bank 2018 Programme called Developing and Operationalizing a National Financial Inclusion Strategy (DONFIS). The DONFIS is part of World Bank group’s Vision “Universal Financial Access by 2020”. However each Country has its own Socio Economic Realities and challenges. Thus each country shall device its own Financial Inclusion […]
On 20th February 2015, The Reserve Bank of India and Government of India signed the Monetary Policy Framework Agreement.
Evidences suggest that banking used to exist in India since vedic period. However the modern Banking in India started to develop between 1600 to 1800 AD.