Please forward this error screen to 108. Government policies and interventions for budgeting in the public sector pdf in various sectors and issues arising out of their design and implementation.
Narasimham committee, second Narasimham committee and Raghuram Rajan committee, etc. Mains level: Important points disucussed in the newscard, related to the present issues of the Indian Banking System. Mains level: The newscard discusses both advantages and problems related to privatisation of banks. After the recent PNB fraud case, the privatisation of PSBs is a hot topic of discussion among experts.
Why are experts asking for Privatization? But is ownership the sole criteria for government intervention? The most commonly quoted rate is the three-month U. Mains level: The newscard discusses the importance of the HR in Banks.
It also discusses a strategy to solve the vulnerable condition of Indian Banks. As per RBI data, the compound annual growth rate of per employee wages and salaries, which was 13. 2004-05 to 2010-11, decelerated to 6. In general, the research quotient in PSU banks’ decision-making process is minimal.
Mains level: The three important issues discussed in the newscard. It is one of the most important newscards on the recent Banking Frauds issue. The government has done well by not letting this crisis go to waste. Mains level: Government is taking necessary steps to counters frauds in Banking Sectors. This step is one many steps undertaken by the government.
An LoU is an assurance given by one bank to another to meet a liability on behalf of a customer. According to norms, the term of an LoU is 180 days, and can be rolled over once for six months. Mains Level: Need of privatisation of banks, reasons behind the recent frauds in Indian Banks, possible solutions, etc. The Indian banking system is under the pressure of growing NPAs which will touch nearly Rs. This does not include the Rs. At the level of the bank, it is impossible to believe that only a handful of employees have been implicated. Why has banking regulation in India failed to this extent?
1 lakh crore is expected to be pumped into India’s 21 public sector banks by March, which the Centre hopes will enable them to extend fresh credit lines worth over Rs. Prelims level: Particulars of the IPPB, payments banks, etc. Mains level: The newscard briefly discusses the issues related to the IPPB. Payment banks have very important role in providing banking services to the vulnerable, poor, etc. How will a bank with very different objectives move ahead on the IT platform of a conventional universal bank? What is the primary objective of setting up payments banks ?
How will a payments bank make money? Is Department of Post affecting the working of the IPPB? Money in the bank, or for it? Read this newscard with the attached newscards, for a comprehensive view on the issue. RBI arm, insures deposits only up to Rs.
Mains level: The newscard discusses evolution of banking regulations. And also talks about there importance from India’s point of view. The approach to bank regulation focuses on the role they play in the creation and use of money, and on controlling the price of money i. A comprehensive approach should carefully balance these three paradigms. Mains level: Importance of the CAR and steps taken by Government for saving the given banks.