21 July 2021 Current Affairs
Bank of Maharashtra has signed an MoU with which bank to boost ongoing developmental initiatives linked to priority sector lending in Maharashtra?
Bank of Maharashtra and the National Bank for Agriculture & Rural Development (NABARD) has signed a Memorandum of Understanding (MoU). The MoU is to boost ongoing developmental initiatives linked to priority sector lending in Maharashtra.
Former India and Mohun Bagan shot-stopper Shibaji Banerjee, who famously denied Brazil's legendary football player Pele from scoring a goal in an exhibition match in 1977, will be conferred with Mohun Bagan Ratna posthumously.
As a means of cleaning up bank books, Bad Bank was established for stressed assets. The establishment of a bad bank was announced in the Union Budget. It is known as the National Asset Reconstruction Company Limited (NARCL).
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