Banking Awareness 2024-2025 for IBPS, RBI, SBI, NABARD and other Bank Examinations.
India’s banking sector has undergone significant transformations over the years, driven by various reforms aimed at enhancing efficiency, stability, and inclusivity. These reforms have been implemented to address challenges like non-performing assets (NPAs), capital adequacy, operational inefficiencies, and the need for technological modernization. Key Milestones in Indian Banking Reforms Year. Reform/Committee Key Focus Areas Impact…
The nationalisation of banks in India has been a pivotal event in the country’s economic history, reshaping the financial landscape to promote financial inclusion and economic growth. This article provides a comprehensive overview of the nationalisation process, recent merger activities, and future plans for the banking sector. History of Bank Nationalisation in India Phases of…
The Reserve Bank of India (RBI), India’s central bank, has played a pivotal role in shaping the nation’s financial and economic landscape since its inception. Below is a detailed account of its history, organized for quick reference. Key Historical Milestones of RBI Year Event 1926 The Hilton-Young Commission recommended the establishment of a central bank….
The history of banking in India is a fascinating journey that reflects the country’s economic evolution. From ancient practices like usury to the modern digital banking era, the Indian banking system has undergone significant transformations. This article provides an in-depth overview of the key milestones in the history of banking in India, organized for easy…
Are you gearing up for banking sector competitive exams? Mastering banking awareness and general knowledge is crucial for success in these highly competitive assessments. Our comprehensive collection of 100 carefully crafted MCQs will help you strengthen your preparation and boost your confidence. These questions cover essential topics frequently tested in banking, SSC, and other government…
Important Banking Financial Terms CRR Cash Reserve Ratio is the minimum fraction of total deposits of a bank’s customers that banks have to hold as reserves with the central bank. SLR Statutory Liquidity Ratio is the ratio of liquid assets to the net demand and time liabilities. LAF Liquid Adjustment Facility is a tool to…
