Sunday, August 17, 2014

Banking Programmes And Schemes

 S.No.Banking Programmes and SchemesYear of Beginning Objective/Description
 1 Credit Authorization Scheme (CAS)1965 A scheme of Qualitative Credit Control of Researve Bank 
 2 Scheme of Discriminatory Interest Rate1972  To provide loan to the weaker sections of the societyat a concessional interest rate of 4%.
 3 Industrial Reconstruction Bank of India1985  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 Areas1995To provide insurance facilities to rural people on lower premium. 
 7 Social Security Pilot Scheme2004 Scheme for labors of unorganized sector for providing family pension, insurance and medical. 

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