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.
On World Environment Day, the E-100 Pilot Project was launched in Pune (5 June). The project's goal is to build a nationwide network for ethanol production and distribution.
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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