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Saturday, December 22, 2012

Banking Programmes And Schemes

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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