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NEO IAS करंट अफेयर्स अक्टूबर 2019 : यूपीएससी परीक्षा हेतु पीडीऍफ़ बुक | NEO IAS Current Affairs October 2019 : For UPSC Exam PDF Book

NEO IAS करंट अफेयर्स अक्टूबर 2019 : यूपीएससी परीक्षा हेतु पीडीऍफ़ बुक | NEO IAS Current Affairs October 2019 : For UPSC Exam PDF Book


NEO-IAS-Current-Affairs-October-2019-For-UPSC-Exam-PDF-Book


Name of Book :  NEO IAS Current Affairs October 2019 / NEO IAS करंट अफेयर्स अक्टूबर 2019 

Hope This NEO IAS Current Affairs October 2019 Book will Step up you to Succeed / आशा करते हैं NEO IAS करंट अफेयर्स अक्टूबर 2019 पुस्तक आपके कदम सफलता की ओर ले जायगी

Language of Book : English

Size of Ebook : 6.09 MB

Total pages in ebook : 93

Ebook Downloading Status  : Best 
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Description about eBook : PMC BANK CRISIS

WHY IN NEWS?
In late September, the Reserve Bank of India (RBI) imposed restrictions on withdrawals from the Punjab and Maharashtra Cooperative (PMC) Bank, one of the largest urban cooperative lenders. Over the past week, bank customers have been in a state of panic and the central bank has sought to assuage concerns about the banking sector’s health.
BACKGROUND
Mumbai-based PMC Bank got into trouble as its huge exposure to the bankrupt HDIL Group was reported as standard despite the loans not being serviced over the last 2-3 years. The bank’s exposure to this realty group is reportedly about ₹6,500 crore, accounting for 73 per cent of its total loan book. The RBI placed PMC Bank under Directions for six months with effect from the close of its business on September 23, restricting withdrawal from deposits, and stopping it from granting or renewing any loans and advances, and making any investment............


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