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Start learning 50% faster. Sign in nowThe Narasimham-II Committee was tasked with the progress review of the implementation of the banking reforms since 1992 with the aim of further strengthening the financial institutions of India. It focussed on issues like size of banks and capital adequacy ratio among other things. First Narasimhan Committee (Committee on the Financial System – CFS) was appointed by Manmohan Singh as India's Finance Minister on 14 August 1991, and the second one (Committee on Banking Sector Reforms) was appointed by P.Chidambaram as Finance Minister in December 1997. With amalgamation announcement, the government is moving closer to implementing the Narasimham Committee (1998) recommendation on structural reforms. The committee recommended the merger of Indian banks as it will have a "multiplier effect" on the economy. The Government of India has majority stakes in 21 public sector banks and owns more than two-thirds of banking assets in India. Having several government-owned Banks, doing the same business, and competing for same customers is not sensible. It also meant a lower return on the capital employed by the government which has competing demands for funds, and growing competition.
Which among the following is/are NOT covered under the insurance cover issued by the Deposit Insurance and Credit Guarantee Corporation (DICGC)?
Based on the above information, what will be the operating profit margin of the company?
Under call money market, funds are transacted on an overnight basis and under notice money market, funds are transacted for a period between _________?
An account that a correspondent bank holds on behalf of another bank is called:
What was the estimated total business of State Bank of India (SBI) in FY24?
In which of the following facility the borrower can take money out as needed until the limit is reached, and as money is repaid, it can be borrowed again?
Which of the following types of borrowers are eligible for credit under the Priority Sector Lending (PSL) guidelines?
Under the revised Basel III Capital Regulations, what is the maximum limit for which banks can obtain fresh credit ratings from the specified CRA for ba...
Calculate Proprietary Ratio
Which of the following is a disadvantage of project finance?