Daily Current Affairs 2025, Date wise Current Affairs | Current Affairs in English and Hindi

Get the Daily and Latest Current Affairs 2025 on our website. These current affairs are Updated by our specialists and are relevant for all competitive tests UPSC, SSC, IAS, Railway-RRB, UPPSC, and Other State Government and Central Jobs/Exams.


RBI lifts loan ban on UCO Bank

Category : Business and economics
Published on: September 10 2021 Share on facebook

·         The Reserve Bank of India has taken public sector lender UCO Bank out of the Prompt Corrective Action (PCA) framework on improving financial and credit profiles.

·         This decision gives more freedom to the bank to lend, especially to corporations, and to develop the network subject to the prescribed norms.

·         The Kolkata-based lender was placed under PCA in May 2017 due to high net net-performing assets (NPA) and negative return on assets (ROA).

Important facts

About RBI

v  Governor: Shaktikanta Das

v  Headquarters: Mumbai

v  Founder: British Raj

v  Founded: 1 April 1935, Kolkata

Recent Post's
  • Railways launches ‘RailOne’ app as all-in-one digital platform for passengers

    Read More....
  • Cabinet approves Employment Linked Incentive (ELI) scheme to boost job creation

    Read More....
  • ₹1 Lakh Cr RDI scheme approved to promote private innovation in key sectors

    Read More....
  • Cabinet approves National Sports Policy 2025 to prepare for global sporting events

    Read More....
  • Air Marshal S Sivakumar assumes charge as Air Officer-in-Charge Administration

    Read More....
  • Ladakh hosts first Astro Tourism Festival to boost science-based tourism

    Read More....
  • QUAD nations launch joint maritime observer mission under Wilmington Declaration

    Read More....
  • G7 nations back ‘side-by-side’ global tax model for U.S. and UK companies

    Read More....
  • Hero Motors files for ₹12 billion IPO to expand and reduce debt

    Read More....
  • Kesavan Ramachandran appointed as Executive Director at RBI

    Read More....