Prologue Banking sector in British India Birth of RBI Banking sector Post Independence Narsimhan Committee I (1991) Bank licences: 1st Round (1993) Narsimhan Committee II (1998) New Bank licences 2nd round (2001) New Bank licences 3rd Round (2013-14) Bandhan [...]
Prologue #2: @RBI fix accountability in monetary policy making Monetary Policy Committee MPC Decision by Majority MPC: Accountability for #EPICFails MPC: Summary #3: @Government give Cover fire to RBI #: MNREGA: #: MSP #: Fiscal Deficit #: Loan Waiver [...]
Prologue Monetary Policy reform: Where to focus? #1: Focus on Exchange rate #2: Focus on Multiple indicators #3: focus on inflation Nominal anchor (CPI) method: Benefits/Advantages of Nominal anchor (CPI) method: Drawbacks/Limitations/Anti-arguments Why Target inflation? Nominal vs Real interest [...]
Prologue Bancassurance #1: Referral Model #2: Corporate Agent model #3: Broker Model Benefits of Broker model? Anti-Arguments: Broker Model Nachiket on Insurance Cross KYC Reforms in NBFC bancassurance models Allow NBFCs to take deposits NBFCs as mutual funds agents [...]
Prologue Banking Related Foreign Trade Related Inflation GDP and allied topics Prologue Out of 100 GS questions in UPSC CSAT 2013, there were 18 questions from Economy. All questions from Static portion, Not even one Economy related question from [...]
Liquidity? What is Cash reserve ratio (CRR)? WHY CRR: Cash reserve ratio? WHY SLR: Statutory liquidity ratio? Bank Runs: SLR+CRR WHY Priority Sector lending? What is NDTL? Reverse repo rate? What is repo rate? Repo rate vs Bank rate? [...]
What is Banking Regulation Act? RBI Power #1: Can remove entire Board of a Bank RBI Power #2: Connected Lending Prevention RBI Power #3: Unclaimed Accounts Public Banks Issue#1: Need consolidation Public Banks Issue#2: Need more investment Banks issue [...]