Cabinet clears introduction of Banning of Unregulated Deposit Schemes Bill, 2018 in Parliament
In a major policy initiative to protect the savings of the investors, the Union Cabinet chaired by the Prime Minister Shri Narendra Modi has...
Central Fraud Registry
Reserve Bank of India (RBI) has put in place a Central Fraud Registry. It has informed that 13,083, 16,468 and 13,653 cases of ATM/Debit...
NPAs of Nationalised Banks have started declining
As per Reserve Bank of India (RBI) data on global operations, aggregate gross advances of nationalised banks increased from Rs. 11,33,137 crore as on...
Zero Tolerance against Corruption
Central Bureau of Investigation (CBI) has intimated that a total of 273 (268 Regular Cases (RCs) + 05 Preliminary Enquiry (PE)) cases have been...
Women Preferring Banking as Profession
Banking may not be as smooth a job as in academics, teaching or research. But for women, who loves to take challenges with higher...
Merger of Banks
The Banking Companies(Acquisition and Transfer of Undertakings)Acts of 1970 and 1980 provide that the Central Government, in consultation with the Reserve Bank of India...
Performance Review of Public Sector Banks
Government has recently announced a Public Sector Banks (PSBs) Reforms Agenda for responsive and responsible banking, which encapsulates a synergistic approach for ensuring prudential...
Three public sector general insurance companies to be merged into one
The Government has taken up several important reforms for building institutions and improving public service delivery across the country over the last three and...
Bank Recapitalization program will enable public sector banks to lend additional rupees 5 Lakh...
The Government has initiated efforts to generate funds as well as undertake banking sector reforms. The Union Minister for Finance and Corporate Affairs, Shri...
FREQUENTLY ASKED QUESTIONS : RBI Allowed Banks to Declare Moratorium on Term Loans
Last week, the Reserve Bank of India has allowed Banks to declare a three-month moratorium on all term loans outstanding as on March 1, 2020, as...
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Resonance of Devotional Music in our Lived Traditions
Odisha’s bhakti sangeet is greatly influenced by famous personalities like Kabisurya Baladeva Rath and Sri Jayadeva. The music that accompanies Odissi dance draws its...
Jagannath Culture A Timeless Synthesis of Science, Philosophy, Spirituality and Humanity: From Snana Purnima...
From Snana Purnima to Niladri Bije, every observance represents a stage in humanity's own journey from purification to healing, from renewal to service, from...
Will Sujata Rout Script a Comeback for BJD?
While the political observers view the induction of former IAS officer Sujata Rout, as an attempt to revive the influence of former bureaucrat V....
