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Greater autonomy was proposed for the public sector banks in order for them to function with equivalent professionalism as their international counterparts. [11] For this the panel recommended that recruitment procedures, training and remuneration policies of public sector banks be brought in line with the best-market-practices of professional banking systems.
At the time of the proposal to merge, the gross NPA ratios of Bank of Baroda, Vijaya Bank and Dena Bank were 12.4%, 6.9% and 22% respectively, [11] and Dena Bank was the weakest among the three in terms of its total business size. [9] The Union Cabinet and the boards of the banks approved
The economy of Delhi is the 12th largest among states and union territories of India. The Nominal GSDP of the NCR was estimated at 272.603 Billion [1] and the Nominal GSDP of the NCT of Delhi for 2023-24 was estimated at ₹ 11.07 lakh crore (US$130 billion) [10] [11] recording an annual growth of 9.2%.
CERSAI become operational on 31 March 2011. 51% of the equity is owned by the government, and the rest is owned equally by National Housing Bank and 10 other public sector banks. [1] The then Chairman of the National Housing bank, R.V. Verma, served as the first acting Registrar, managing director and CEO of CERSAI, while continuing to hold ...
Non-performing property loans are found to lead to banking crises. [32] The need to identify the relationships between macroeconomic factors and NPLs had been crucial for governments and financial institutions to monitor the economy and undertake necessary policies or decisions to control and reduce the number of NPPLs in the financial system.
The PIN Code of East Patel Nagar is 110008. The area is surrounded by the following colonies: Rajendra Place – east; South Patel Nagar – south; Ranjit Nagar – south; West Patel Nagar – west; Rajendra Nagar – southeast; Prasad Nagar – northeast; The main hospital in the region is Sardar Patel Hospital, a government facility.
Banking Regulation Act, 1949: This act regulates the functioning of banks in India and empowers the RBI to supervise and regulate the banking sector. [ 8 ] [ 48 ] [ 49 ] [ 9 ] Securities and Exchange Board of India Act, 1992 : This act established the Securities and Exchange Board of India (SEBI), which is responsible for regulating the ...
Delhi Legislative Assembly By-election, 2009: Dwarka [2] Party Candidate Votes % ±% BJP: Pradyuman Rajput: 35,891 54.86 +19.30 INC: Tilotma Chodhary 24,526 37.49 −14.84 Independent: Madan Mohan 3,178 4.86 Independent: Mordhwaj Rai 417 0.64 Independent: Gulfan 332 0.51 RJSP: Om Prakash Indora 286 0.44 Independent: Suvash Kr Ch 234 0.36 ...