Banking Programmes And Schemes:
S.No. | Banking Programmes and Schemes | Year of Beginning | Objective/Description |
1 | Credit Authorization Scheme (CAS) | 1965 | A scheme of Qualitative Credit Control of Researve Bank |
2 | Scheme of Discriminatory Interest Rate | 1972 | To provide loan to the weaker sections of the societyat a concessional interest rate of 4%. |
3 | Industrial Reconstruction Bank of India | 1985 | To provide financial assistance to sick and closed industrial units for their reconstruction. |
4 | Formation of Securities Exchange Board of India (SEBI) | 1988 | To safeguard the interest of investors in capital market and to regulate share market. |
5 | National Renewal Fund (NRF) | 1992 | To protect the interest of the employees of Public Sector. |
6 | Group Life Insurance Scheme in Rural Areas | 1995 | To provide insurance facilities to rural people on lower premium. |
7 | Social Security Pilot Scheme | 2004 | Scheme for labors of unorganized sector for providing family pension, insurance and medical. |
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