IBPS PO 2020 Institute of Banking Personnel Selection (Probationary Officer)
 Online
Last Updated: 18th Dec, 2019
11th Oct 2020

Followed by : 1028
  Follow Exam

IBPS PO 2017 Latest Banking Affairs!!

By: Shreyansh on August 11, 2017
All the current news related to Banking is important for IBPS PO 2017 exam. The candidates need to be regularly updated with the trends. 
 
Here is the IBPS PO 2017 latest update on the Banking-
 
Banking Regulation (Amendment) Bill, 2017 replaced the Banking Regulation (Amendment) Ordinance, 2017 by the Finance Minister Shri Arun Jaitley. The Banking Regulation (Amendment) Ordinance, 2017 was executed by the president's order using the ordinance power of the President under Article 123. Banking Regulation (Amendment) Bill, 2017 is introduced taking into account the increasing number of Stressed Cases and Non-Performing Assets (NPA's) which accounts for around Rs. 6.41 lakh crore at the March-end. 
 
Banking Regulation Bill comprises of the following features:
 
1) It will empower the RBI (Reserve Bank of India) to ask any bank to give directions to for the resolution of the stressed assets.
 
2) It will empower the RBI (Reserve Bank of India) to initiate insolvency proceedings.
 
3) The bill will help to initiate the bankruptcy and insolvency against the wilful loan defaulters.
 
Stay Updated for more Bank related Awareness.

IBPS PO Latest News & Updatess

View All Latest News and Updates >>

Latest Articles on IBPS PO

IBPS PO Recruitment: Bank PO Salary, Job Benefits, Allowances, Promotions and other details

26-Feb-2019
The Institute of Banking Personnel Selection (IBPS) conducts IBPS PO every year for recruiting potential candidates for the posts of Probationary Officers in more than 20 participating public sector Banks. Thousands of candidates ... Read more
View All Articles >>

Other Competitive Exams

Review Exam