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Union Bank of India, commonly referred to as Union Bank , is an Indian public sector bank headquartered in Mumbai. It has 153+ million customers and a total business of Rs.19,84,842 crores. [7] After the merging with Corporation Bank and Andhra Bank, which came into effect on 1 April 2020, the merged entity became one of the largest PSU banks ...
India is a federal union comprising 28 states and 8 union territories. All states, as well as the union territories of Jammu and Kashmir, Puducherry and the National Capital Territory of Delhi, have elected legislatures and governments following the Westminster system of governance. The remaining five union territories are directly ruled by the ...
cersai .org .in. Central Registry of Securitisation Asset Reconstruction and Security Interest (CERSAI) is a central online security interest registry of India. It was primarily created to check frauds in lending against equitable mortgages, in which people would take multiple loans on the same asset from different banks. [1]
R. C. Cooper. Rustom Cavasjee Cooper (18 August 1922 – 18 June 2013) was an Indian politician and chartered accountant. [1] He served as treasurer and general-secretary of Swatantra Party. [2] Between 1963 – 1964, he also served as president of Institute of Chartered Accountants of India. [3]
They are governed by the provisions of the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949 and other relevant statutes. They are to be registered as Public Limited Companies under the Companies Act 1956.
World Bank (2021) poverty line 1.90 (PPP $ day) 6 84m lower middle-income line 3.20 (PPP $ day) 26.2 365m upper middle-income line 5.50 (PPP $ day) 60.1 838m Asian Development Bank (2014) poverty line $ 1.51 per person per day Tendulkar Expert Group (2009) urban poverty line Rs 32 per person per day consumption rural poverty line
Preamble. The preamble of the Reserve Bank of India describes the basic functions of the reserve bank as:...to regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage; to have a modern monetary policy framework to meet the challenge of an increasingly ...
The 1991 Indian economic crisis was an economic crisis in India resulting from a balance of payments deficit due to excess reliance on imports and other external factors. [1] India's economic problems started worsening in 1985 as imports swelled, leaving the country in a twin deficit: the Indian trade balance was in deficit at a time when the ...