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.
International Chess Day is celebrated on 20 July, since 1966. International Chess Day celebrates one of the most ancient and most popular games in history.
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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