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).
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.
EXAMIANS