Tag - 28th

Banking reforms and NPAs, Farm loan waiver is not the solution Current Affairs – 28th March, 2017

Banking reforms and NPAs Introduction Banks are the fundamental pillars of the financial infrastructure of the economy. The last decade of growth boom was financed by the banks largely. Post the global recession the stress on banks is increasing and hence has resulted in large NPAs [...]

Daily Current Affairs – 28th February, 2017

Spread of ISIS in India Introduction Terrorism is a major challenge to the world today. Spread of ISIS and use of technology to carryout remote and lone wolf style attacks is spreading fear across the globe. India with porous borders and difficult neighbourhood is prone to [...]

Daily Current Affairs – 28th December, 2016

Existence of Financial Exclusion in danger Pradhan Mantri Jan Dhan Yojana was launched in 2014 to provide an impetus for financial inclusion. The mandate is not restricted to opening accounts but to provide easier access to banks through the issuing of RuPay cards. There [...]

Daily Current Affairs – 28th October,2016

Banking – Non Performing Assets What are Non Performing Assets?   As per Reserve Bank of India (RBI), an asset, including a leased asset, becomes non-performing when it ceases to generate income for the bank. A ‘Non-Performing Asset’ (NPA) was defined as a credit facility in respect [...]