The RBI introduced revised guidelines for the Supervisory Action Framework (SAF) for Urban Cooperative Banks (UCBs) to strengthen their regulatory and supervisory framework and improve their financial health.
The Reserve Bank of India has recently revised the 'Supervisory action framework' of which category of banks?
Asked in Sub Inspector 2021 · Topic: Money & Banking (Cooperative Banks and Development Financial Institutions (DFIs))
More Economic Development questions
- Consider the following statements: A rupee Vostro account is an account that an Indian bank holds for a foreign bank in the domestic currency (rupee) to enable domestic banks to provide international banking services. Insurance density, i.e., average insurance premium per capita does not fully capture the financing gap in the event of a premature death because most of the insurance products sold in India are savings-linked with a small component of protection. Which of the statements given above is/are correct ?
- What is the maximum deposit amount per annum under Sukanya Samriddhi Account ?
- Which committee has been constituted by the Government of India to boost cashless transaction ?
- Its recommendations included promoting digital payments and financial inclusion, which are crucial for boosting cashless transactions. 179. How much loan amount will be granted by bank under “Pradhan Mantri Mudra Yojana” for industry, business and service under “Kishor enterprise” ?
- What is the maximum limit of loan at present, provided under the Prime Minister Mudra Yojana ?
- According to Statista, what is India's rank in the number of fintech unicorns worldwide?
- Which of the following come under the classification of small savings schemes in India? 1. Postal deposits comprising savings account, recurring deposits, time deposits of varying maturities and monthly income schemes 2. Savings certificates comprising the national small savings certificates and Kisan Vikas Patra 3. Social Security Schemes comprising the public provident fund and senior citizens savings scheme
- Regarding India Post Payments Bank (IPPB), which of the following statements is/are correct? IPPB was established in 2016.
