FreeCurrencyRates.com

इंडियन आवाज़     20 Mar 2019 04:27:32      انڈین آواز
Ad

RBI asks banks to submit true data for SLBC websites

RBI

AMN

The Reserve Bank has said that Manual intervention in data reporting by banks on loan disbursements at the state level is leading to integrity issues. The Central bank asked lenders to submit the true data as reflected in their core banking system (CBS) on the state-level banking committee’s website.

The RBI said discussions at State Level Bankers’ Committee (SLBC), District level Consultative Committee (DCC) and Block Level Bankers Committee (BLBC) primarily focus on performance of banks in disbursement of loans vis-a-vis the allocated target under the Annual Credit Plan at present.

The RBI said there is a need of a standardised system to be developed on the website maintained by each SLBC to enable uploading and downloading of the data pertaining to the Block, District as well as the State.

The RBI today came out with a revamp of the lead bank scheme, with action points for SLBCs, which had this suggestion. Among other directives, it also asked lenders to ensure that the SLBCs focus on policy issues and specifically created sub-committees should take care of other issues.

It also asked the banks to align their corporate business targets with the annual credit plans prepared under the lead banks scheme.

The apex bank said the lead district managers play a critical role and asked bank heads to ensure that they have necessary leadership skills, are provided with office infrastructure and given a vehicle.

Leave a Reply

Your email address will not be published. Required fields are marked *

Ad

POLITICS

Mamata Dares PM Modi, Amit Shah to Compete With Her on Chanting Mantras

Accusing the BJP of only playing politics over the Ram Mandir issue, the West Bengal chief minister said her g ...

J&K: Former IAS Shah Faesal launches political party

The new party has been named Jammu and Kashmir Peoples’ Movement and its dominant slogan would be Ab Hawa Ba ...

BJP’s Pramod Sawant to be sworn in as Goa CM today

2 Allies Get Deputy Posts     Panaji Former Speaker of the Goa legislative assembly and BJ ...

SPORTS

India gears up to face Bangladesh in SAFF women football

Biratnagar (Nepal) A confident India is fully geared up to face Bangladesh in the semi final of the SAFF Wo ...

PCB pays over Rs 11 cr as compensation to BCCI after losing case in ICC

  The Pakistan Cricket Board (PCB) has paid 1.6 million US dollars, equivalent to over eleven crores in ...

Gopi Thonakal qualifies for World Athletics Championships

In marathon, India's Asian champion Gopi Thonakal has qualified for the World Athletics Championships to be he ...

Ad

MARQUEE

116-year-old Japanese woman is oldest person in world

  AMN A 116-year-old Japanese woman has been honoured as the world's oldest living person by Guinness ...

Centre approves Metro Rail Project for City of Taj Mahal, Agra

6 Elevated and 7 Underground Stations along 14 KmTaj East Gate corridor 14 Stations all elevated along 15.40 ...

CINEMA /TV/ ART

Priyanka Chopra is among world powerful women

AGENCIES   Bollywood actress Priyanka Chopra Jonas has joined international celebrities including Opr ...

Documentary on Menstruation stigma ‘Period’ wins Oscar

  WEB DESK A Netflix documentary Period. End of sentence, on the menstruation taboo in rural India has ...

Ad

@Powered By: Logicsart