{"id":37151,"date":"2024-04-08T11:22:48","date_gmt":"2024-04-08T11:22:48","guid":{"rendered":"https:\/\/edukemy.com\/blog\/?p=37151"},"modified":"2024-04-08T11:22:49","modified_gmt":"2024-04-08T11:22:49","slug":"90-years-of-rbi-towards-the-banking-vision-of-viksit-bharat-upsc","status":"publish","type":"post","link":"https:\/\/edukemy.com\/blog\/90-years-of-rbi-towards-the-banking-vision-of-viksit-bharat-upsc\/","title":{"rendered":"90 Years of RBI: Towards The Banking Vision of \u201cViksit Bharat\u201d – UPSC"},"content":{"rendered":"\n
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Prime Minister Modi in 2016 highlighted the Reserve Bank of India’s (RBI’s) role in achieving the vision of a developed India (“Viksit Bharat”). This includes ensuring financial stability, credit access for all (from small vendors to big businesses) and fostering public trust in the banking system.<\/p>\n\n\n\n

Tag: GS – 3\u00a0 Banking Sector & NBFCs – Monetary Policy- Inclusive Growth\u00a0<\/strong>\u00a0<\/p><\/blockquote>\n\n\n\n

For Prelims: <\/strong>Reserve Bank of India Act, 1934, Prompt Corrective Action (PCA) Framework, Non-performing assets (NPAs), Consumer Price Index (CPI), Non-Banking Financial Companies (NBFCs), Financial Stability and Development Council (FSDC), Raghuram Rajan committee (2008), Nachiket Mor Committee, P.J. Nayak Committee. <\/p>\n\n\n\n

For Mains: <\/strong>Key Achievements and Challenges of the Reserve Bank of India. <\/p>\n\n\n\n

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