GS paper 3

Banking Sector Reforms in India Since 1991, Complete Details

Banking Sector Reforms in India Banking sector reforms in India refer to the various policy measures and initiatives undertaken to enhance the efficiency, stability, and competitiveness of the banking industry in the country. These reforms aim to strengthen the financial...

Marginal Standing Facility, Definition, MSF Rate in India

Marginal Standing Facility The Marginal Standing Facility (MSF) is a monetary policy tool used by central banks, particularly in India, to manage short-term liquidity in the banking system. The MSF was introduced by the Reserve Bank of India (RBI) in...

Statutory Liquidity Ratio (SLR), Definition, Objective, Impact

Statutory Liquidity Ratio The Statutory Liquidity Ratio (SLR) is a regulatory requirement imposed on commercial banks by the central bank or monetary authority of a country. It refers to the proportion of a bank's net demand and time liabilities (NDTL)...

Urban Cooperative Banks in India, Functions, Challenges

Urban Cooperative Banks Urban Cooperative Banks (UCBs) are financial institutions that operate in urban and semi-urban areas in India. They are registered under the Cooperative Societies Act and function as cooperative entities owned and operated by their members. UCBs provide...

Cash Reserve Ratio, Definition, Rate, Formula, Importance

Cash Reserve Ratio The Cash Reserve Ratio (CRR) is a monetary policy tool used by central banks to regulate the amount of cash commercial banks are required to hold as a percentage of their total deposits. It is a crucial...

Demonetisation 2.0, Reason, Declining Circulation & Clean Note Policy

Demonetisation 2.0 The Reserve Bank of India (RBI) has made a momentous decision to stop issuing banknotes with the denomination of 2000 and it is also being said as Demonetisation 2.0. These notes will no longer be printed, although they...

Private Sector Banks in India, Functions, Advantages, Disadvantages

Private Sector Banks Private Sector Banks are financial institutions that are owned and operated by private individuals or corporations, rather than the government. These banks operate with the objective of making profits for their shareholders. Private Sector Banks play a...

Public Sector Banks in India, Definition, Functions, Advantages, Disadvantages

Public Sector Banks Public Sector Banks are financial institutions that are owned and operated by the government. These banks play a significant role in the economy by providing banking services to individuals, businesses, and government entities. Public sector banks are...

List of Scheduled Commercial Banks in India, Functions, Examples

Scheduled Commercial Banks Scheduled Commercial Banks in India are banks that are listed under the Second Schedule of the Reserve Bank of India Act, 1934. These banks are regulated by the Reserve Bank of India (RBI) and are authorized to...

Banking System in India, History, Structure, Types, Reforms

Banking System in India The Banking System in India is a well-developed and regulated system that plays a crucial role in the country's economy. It comprises various types of banks, including public sector banks, private sector banks, foreign banks, regional...