Notes and Study material for Exams
The Basel Norms: A Foundation for Global Financial Stability The global financial system is a complex and interconnected web, vulnerable to shocks and crises. To mitigate these risks and ensure the stability of the system, international regulatory frameworks have been developed. Among these, the Basel Norms stand out as a cornerstone, shaping the way banks … Read more
The National Housing Bank: A Pillar of India’s Housing Finance Landscape The National Housing Bank (NHB), established in 1988, stands as a cornerstone of India’s housing finance system. It plays a pivotal role in facilitating affordable housing, promoting financial inclusion, and driving sustainable urban development. This article delves into the NHB’s multifaceted functions, its impact … Read more
SIDBI: A Catalyst for Small and Medium Enterprises in India Introduction The Small Industries Development Bank of India (SIDBI) plays a pivotal role in the Indian economy, acting as a catalyst for the growth and development of the Small and Medium Enterprise (SME) sector. Established in 1990, SIDBI is a development financial institution (DFI) mandated … Read more
The Backbone of Rural India: A Deep Dive into NABARD The National Bank for Agriculture and Rural Development (NABARD) stands as a crucial pillar in India’s agricultural and rural development landscape. Established in 1982, NABARD has played a pivotal role in fostering economic growth and improving the lives of millions in rural India. This article … Read more
Prompt Corrective Action: A Vital Tool for Financial Stability The financial landscape is a complex and dynamic ecosystem, constantly evolving with new challenges and risks. To maintain stability and protect the interests of depositors, investors, and the overall economy, regulatory bodies employ a range of tools. One such tool, gaining increasing prominence, is Prompt Corrective … Read more
Development Banks: Catalysts for Economic Growth and Social Progress Development banks, often referred to as development finance institutions (DFIs), play a crucial role in fostering economic growth and social progress, particularly in developing countries. These institutions provide a wide range of financial services, including loans, grants, guarantees, and technical assistance, to support projects that promote … Read more
Navigating the Labyrinth: A Deep Dive into Asset Quality Reviews In the financial world, the health of a bank’s assets is paramount. A bank’s ability to generate profits and remain solvent hinges on the quality of its loan portfolio and other assets. This is where the Asset Quality Review (AQR) comes into play. An AQR … Read more
Recapitalization of Banks: A Vital Lifeline for Financial Stability The global financial landscape is a complex and dynamic ecosystem, constantly evolving under the influence of economic shifts, technological advancements, and regulatory changes. Within this intricate web, banks play a pivotal role as intermediaries, facilitating the flow of capital and supporting economic growth. However, these institutions … Read more
The Rise of Bad Banks: A Global Response to Financial Crises The term “bad bank” evokes images of financial turmoil and systemic risk. It refers to a financial institution created specifically to absorb the non-performing assets (NPAs) of a troubled bank, effectively separating the “bad” assets from the “good” ones. While the concept may seem … Read more
The SARFAESI Act: A Comprehensive Guide to Securitization and Recovery of Financial Assets in India The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) is a landmark legislation in India that revolutionized the way financial institutions recover their dues from borrowers. It introduced a streamlined and efficient framework … Read more