Banks Consolidation
- Bank Merger: Government announced an extensive consolidation of state-owned banks that will see 10 of them being merged to form four bigger lenders to strengthen a sector struggling with a bad-loan cleanup and aimed at creating lenders of global scale that can support the economy’s surge to $5 trillion by 2024.
- Alternative Mechanism Panel: The Union Cabinet in August 2017, had decided to set up an Alternative Mechanism to fast track consolidation among public sector banks to create strong lenders. The move to create large banks aims at meeting the credit needs of the growing ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
Prelims Special
- 1 Global Gender Gap Index 2020
- 2 World Health Statistics 2019
- 3 Human Capital Index
- 4 Human Development Index
- 5 Multidimensional Poverty Index 2018
- 6 Tourism Sector
- 7 Overview of Information Technology Sector
- 8 Overview of Real Estate and Housing Sector
- 9 Manufacturing Sectors
- 10 Innovations
- 11 Initiatives to Reform MSME’s
- 12 Logistics Reforms
- 13 Resolving Insolvency
- 14 Initiatives taken by DPIIT for the Reform Process
- 15 Implementation of Business Reforms
- 16 Ease of Doing Business
- 17 Allied Sectors- Dairy, Fisheries and Livestock
- 18 Potential in Eastern States
- 19 Crop Insurance Schemes
- 20 Land Leasing Laws
- 21 Food Processing
- 22 Agri Marketing and Trade
- 23 Initiatives to Receive Remunerative Prices
- 24 Science and Technology in Agriculture
- 25 Fertilizers
- 26 Farming and Food Security
- 27 Initiatives to Raise Agriculture Productivity
- 28 Overview of agriculture and allied sectors
- 29 Financial Market
- 30 Regulatory Compliance by RBI
- 31 Direct Tax Code
- 32 Status Paper on Government Debt
- 33 Finance Minister Announces New Fiscal Reforms
- 34 Capital Gains Tax
- 35 Direct Tax Collection in the Negative Zone
- 36 Goods and ServicesTax
- 37 Rising Fiscal Deficit
- 38 Pradhan Mantri Laghu VyapariYojana
- 39 PM Shram Yogi Mandhan Yojana
- 40 Employment Scenario
- 41 National Minimum Wage
- 42 First Advance Estimates of National Income,2019-20
- 43 Slowdown in Economic Growth: India’s Sep-quarter GDP growth slips to 4.5%, the lowest in over six
- 44 Indian Statistical System
- 45 New GDPMethodology
- 46 External Sector
- 47 Crisis in NBFC’s
- 48 Digital Economy
- 49 Differential Banks
- 50 Measures to Reduce NPA’s
- 51 Recent RBI Committees/ Reports
- 52 Prelims Mock Test 2020
- 53 Poverty