Banking

General Studies IIBankingInternational Organizations

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

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General Studies IIIBankingEconomyRBI

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

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General Studies IIIBankingEconomy

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

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General Studies IIIBankingEconomyRBI

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

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General Studies IIIBankingEconomy

Bad Bank

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

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General Studies IIIBankingEconomyRBI

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 —

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General Studies IIIBankingEconomySchemes

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

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BankingEconomyGeneral Studies III

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

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BankingGeneral Studies III

Additional Tier-1 (AT1) Bonds

Context:  The decision of the Securities and Exchange Board of India (SEBI) to slap restrictions on mutual fund (MF) investments

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BankingGeneral Studies III

Prompt Corrective Action Framework

Context: The Reserve Bank of India has taken IDBI Bank Ltd out of its prompt corrective action list after it found the

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