Asian Development Bank (ADB): Driving Sustainable Development and Economic Growth in Asia

Introduction:The Asian Development Bank (ADB) stands as a pillar of economic cooperation and development in the Asia-Pacific region. Since its

General Studies III Banking Economy RBI

September 1, 2021 Sachin Siddharth

Small Finance Bank

Context: Recently, the Reserve Bank of India (RBI) has received applications from two more entities under the “on-tap” small finance bank licensing guidelines of

General Studies III Banking Economy

August 17, 2021 Sachin Siddharth

Indradhanush Scheme for Banks

About Indradhanush Scheme: Mission Indradhanush for PSBs that was launched by the Government in 2015. The government, to resolve the issues faced

General Studies III Banking Economy RBI

July 28, 2021 Sachin Siddharth

Central Bank Digital Currency (CBDC)

Context: The Reserve Bank of India is likely to soon kick off pilot projects to assess the viability of using digital

General Studies III Banking Economy

July 20, 2021 Sachin Siddharth

Bad Bank

Context: Bad Bank launched for stressed assets as a measure to clean up bank books About Bad banks: A Bad

General Studies III Banking Economy RBI

July 19, 2021 Sachin Siddharth

RBI barred three foreign card payment network firms

Context: Recently, the Reserve Bank of India (RBI) has barred three foreign card payment network firms – Mastercard, American Express and Diners Club —

General Studies III Banking Economy Schemes

May 5, 2021 Sachin Siddharth

Pradhan Mantri Mudra Yojana (PMMY)

Context: More than 28.68 crore loans for an amount of Rs. 14.96 lakh crore have been sanctioned by banks, NBFCs and MFIs

Banking Economy General Studies III

April 9, 2021 Sachin Siddharth

The Insolvency and Bankruptcy Board of India

Ministry of Corporate Affairs Context: The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 promulgated on 4th April, 2021 provides for pre-packaged