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IBPS PO 2020
Institute of Banking Personnel Selection (Probationary Officer)
Online
Exam Dates:
11th Oct 2020
IBPS PO 2017 Latest Banking Affairs!!
By: Shreyansh on Aug 17, 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.
Latest Articles on IBPS PO
IBPS PO Recruitment: Bank PO Salary, Job Benefits, Allowances, Promotions and other details
09-Oct-2020The 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 who are preparing for the examination must have a lot of questions
... Read more
