Current Affairs - August 2022
RBI and government-assisted banks have recovered bad loans of more than how many lakh crore over the previous eight fiscal years?
The administration informed Parliament that concrete actions were taken by the RBI and government-assisted banks in recovering bad loans of more than Rs 8.6 lakh crore over the previous eight fiscal years.
The Reserve Bank has imposed several restrictions, including on the withdrawal of funds, on three cooperative banks in view of their deteriorating financial condition.
Union Government has launched the 'Rashtriya Puruskar Portal' to bring together all the awards of the various Ministries of the government under one platform.
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