Payment banks are a distinctive category of banks introduced in India to promote financial inclusion, especially for small businesses and low-income households.
Small Finance Banks (SFBs) are a category of scheduled commercial banks designed to focus on financial inclusion and provide banking services to specific segments.
The Banks Board Bureau (BBB) is a crucial institution established by the Government of India in 2016 to reform and revamp the functioning of public sector banks
It is an entity established within the Department of Financial Services by the government. It superseded the Bank Board’s Bureau (BBB), which was deemed ineffective.
Bank consolidation refers to the process of combining two or more banks or financial institutions into a single entity. This strategic move
The postponement of UPSC Prelims brings forth an additional 20 DAYS for preparation. Let’s focus on utilizing this extra time effectively to enhance our readiness for the upcoming challenges. Let’s…
In today’s daily current affairs briefing for UPSC aspirants, we explore the latest developments that hold relevance for the upcoming civil services
Daily Editorial Analysis
Revisiting India’s Neighbourhood First Policy – UPSC Daily Editorial Analysis – 21st March 2024
In revisiting India’s Neighbourhood First Policy, it becomes imperative to reassess the effectiveness and the evolving dynamics within the region.
The concept of a “bad bank” or a dedicated institution like the Public Sector Asset Rehabilitation Agency (PARA) has been proposed to address the issue of non-performing assets
The Twin Balance Sheet (TBS) challenge in India refers to a situation where both companies and banks are burdened with financial distress
