EcoPill1B: Banking Sector

  • EcoPill1B1-classification of Bank/NBFC: RBI guidelines on locker verification. ⚾️📻⚾️🎙✋
  • EcoPill1B2:Bad Loans: AT LEAST 14.6 lakh micro, small and medium enterprises (MSMEs) accounts were saved due to the Emergency Credit Line Guarantee Scheme (ECLGS) launched by the government during the pandemic, thus saving millions of jobs says State Bank of India research report.
 AT1 Bonds and Yes Bank.
  • EcoPill1B2:Bad Loans: AT1 Bonds and Yes Bank. Covered in my YT video:
  • EcoPill1B2:Bad Loans: Bad Bank / NARCL acquires first stressed account from IDBI Bank worth over 625 crore.


  • A follow-on-public offer (FPO), also known as secondary offering, is a process in which an existing company listed on stock exchanges issues new shares to the existing shareholders as well as new investors. Adani’s launching ₹20,000 crore FPO. However after reports of manipulation, hardly 0.1% of the FPO subscribed on day1.
  • EcoPill3A-BoP/Intl-Trade: RODTEP: The Remission of Duties and Taxes on Export Products scheme, designed to offer refunds against some local taxes paid by Indian exporters. RODTEP will be extended to green hydrogen exporters as well.


  • NEW org: National multi-state cooperative export society, to be registered under the Multi State Cooperative Societies (MSCS) Act 2002. Capital: ₹500 crore. Society will have five promoters: Indian Farmers Fertiliser Cooperative Limited (IFFCO), Krishak Bharati Cooperative Limited (KRIBHCO), National Agricultural Cooperative Marketing Federation of India Limited (NAFED), Gujarat Cooperative Milk Marketing Federation Limited (GCMMF) and National Cooperative Development Corporation (NCDC).
  • EcoPil4B-Sectors of Economy: IPR- A trademark is a symbol, design, word or phrase that is identified with a business. When a trademark is registered, its owner can claim “exclusive rights” on its use. The Trademark Act,1999, governs the regime on trademark and its registration. A trademark is valid for 10 years, and can be renewed by the owner indefinitely every 10 years. Matter in news due to trademark violation: Subway vs Suberb fast-food.
  • EcoPil4C-GDP/Inflation: In Egypt, inflation is so high that people can no longer buy meat or egg. Reasons: Weakening of domestic currency after Russian and Ukrainian tourists stopped coming due to War.


  • Housing PM Awaas is for rural poor but in West Bengal, many rich people connected to the political parties. Also got benefit of it.
  • EcoPil5-INFRA: Railways’ AI module ‘Ideal Train Profile’- for reducing the waiting list and faster allocation of tickets

EcoPill6: HRD:

  • Before: The World Economic Forum (WEF) measured the gender gap in a country by looking at four major areas: economic participation, political participation, health, and education levels. For political participation, the WEF only looked at the number of women in the Union Cabinet and in both houses of Parliament. 🥳After: The World Economic Forum (WEF) has agreed to include the participation of women at the local government (panchayat) level in India in its future reports on the global gender gap, following a request from the Indian government. This is an important step as there are 1.4 million women in the Indian panchayat system.
  • EcoPill6: HRD: Poverty: The Oxfam ‘Survival of the Richest’ report. There are now 166 billionaires in India, up from 106 in 2020. It is estimated that the wealth is concentrated among the top deciles, with the top 30 per cent accounting for 90 per cent of the wealth.