Entrance Exams
Govt. Exams
Standard assets are performing assets. NPAs include substandard, doubtful, and loss assets.
Basel III requires banks to maintain a minimum CRAR of 10.5% (including capital conservation buffer).
RBI requires Small Finance Banks to maintain a minimum paid-up capital of Rs. 100 crore.
PMJDY was launched to provide universal access to banking services to unbanked and underbanked sections.
SWIFT is the standard international system for financial messaging between banks.
State Bank of India (SBI) is the largest public sector bank in India.
RBI has set the repo rate at 6.50% in its latest policy review of 2024-2025.
RBI is the central bank and primary regulator of all banks in India.
The Retail Direct Scheme enables individuals to open accounts with RBI and purchase government securities directly, reducing intermediation costs.
ICICI Bank, HDFC Bank, Axis Bank, and State Bank of India are classified as D-SIBs and required to maintain higher capital buffers due to systemic importance.