Question
Which of the following was not part of the 2019–20
major public sector bank consolidation announced by the Government of India?Solution
In the 2019–20 mega PSB merger plan, 10 public sector banks were consolidated into 4 large entities: • PNB + OBC + United Bank → Punjab National Bank • Canara + Syndicate → Canara Bank • Union + Andhra + Corporation → Union Bank • Indian + Allahabad → Indian Bank. Bank of India and Central Bank of India were not merged and continue as independent PSBs.
Export Credit Guarantee Corporation of India comes under the administrative control of ______________.
Primary Agricultural Credit Societies (PACS) operate at the:
Which of the following is/are correct regarding Capital Conservation Buffer?
I It is required when there is excess growth in bank’s credit ...
What is the major difference between a Cash Credit (CC) and an Over Draft (OD) facility?
Which of the following is considered a spontaneous source of working capital?
Sh Ajay Kumar Chaudhary who is appointed as a new Executive Director of RBI, was earlier designated as:
Basel III capital regulations are based on 3 mutually reinforcing pillars. These pillars are:
I. Minimum Capital Standards <...
Which of the following is a window for the banks to borrow from RBI in an emergency when inter-bank liquidity dries up completely.
Which accounting concept assumes that a business will continue operating into the foreseeable future?
Systemic risk was most notably observed during:
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