What’s in the news? RBI has decided to discontinue Incremental Cash Reserve Ratio (I-CRR) which was put in place to absorb surplus liquidity following the withdrawal of 2,000 rupees currency notes, in a phased manner. The I-CRR was introduced on …
About RRBs Regional Rural Banks are jointly owned by the Government of India, the concerned State Government and Sponsor Banks with the issued capital shared in the proportion of 50%, 15% and 35% respectively. RRBs were set up with the …
Context This article highlights the need for geographic diversification of corporate social responsibility (CSR) spending and the way forward for its implementation. What is Corporate Social Responsibility? CSR is a management concept through which a company achieves a balance of …