Farm Loan Waiver of Rs 36,359 crore that includes Rs 30,729 crore of 2.15 crore small and marginal farmers, who had taken a crop loan up to Rs 1 lakh each and an additional Rs 5,630 crore to write-off NPAs of 7 lakh farmers of the state; by Yogi Adityanath in its first cabinet meeting has raised spate of such demands from other states that include Tami Nadu, Punjab & Maharashtra.
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Reserve Bank of India issued Guidelines based on the Basel III reforms on capital regulation on May 2, 2012, to the extent applicable to banks operating in India. The Basel III capital regulation has been implemented from April 1, 2013 in India in phases and it will be fully implemented as on March 31, 2019. Banks have to comply with the regulatory limits and minima as prescribed under Basel III capital regulati...
African Development Bank (AfDB), in its 52nd Annual Meetings held at Gandhi nagar near Ahmedabad in Gujarat from 22 to 26 May 2017 called for greater cooperation between the Bank and India to help drive Africa's transformation. Its agenda to "transform the Bank to transform Africa”, was built on its existing 2013-2022 strategy that outlined ...
SBI, the new acronym for the unified behemoth created by mega merger of associate banks - State Bank of Bikaner & Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Patiala (SBP) and State Bank of Hyderabad - into the parent bank, State Bank of India, on April 1, 2017; puts SBI among the top 50 global banks and will lead to:
Banking Regulation Act, 1949, has been amended by issuance of an ordinance by the Government of India on Friday May 05, 2017; by inserting two new Sections - 35AA and 35AB, after Section 35A; that enable Union Government to authorize Reserve Bank of India (RBI) - the banking regulator, to issue directions to banking companies to initiate insolvency resolution pr...
Pulses production in India amounts to about 25% of world's production and these are grown in 23.26 million ha area leading to an annual production of about 15 million tons. As there is ever increasing domestic demand for pulses and productivity being low and unstable, Ministry of Agriculture is intensifying extension efforts, coupled with policy and technological interventions to bring about muc...
Self-assessment is a key activity in striving to achieve a sense of one's personal best. To conduct a personal SWOT analysis, ask yourself some simple questions. Answer honestly. Honesty is crucial; otherwise the analysis will not generate meaningful results. With that in mind, try to see yourself from the standpoint of a colleague or a bystander, and view criticism with objectivity:
National Institution for Transforming India (NITI) Aayog, at the instance of Prime Minister Office, has drawn up plan to transform Uttar Pradesh, with focus on tackling education, health & poverty, tourism, infrastructure creation, connectivity and the complete development of the state. Centre to assist UP on mission mode with efforts to pull state out of poverty and lift its performance across indices to li...
India has revised its key macroeconomic indicators to capture structural changes in the economy and improve the quality and representativeness of the indices. The base year of the all-India Index of Industrial Production (IIP) & Wholesale Price Index (WPI) has been revised from 2004-05 to 2011-12 to align i...
Technology is now emerging as lifeline in management and conduct of whole range of affairs in banking sector from seeking information to transactions of money online and through mobile in real time. The ease and comfort with which we have been transacting our business through banking system revolutionized the whole environment giving rise to such phenomena as home banking, mobile b...