Sunday 18 August 2013

Banking Programmes And Schemes


 S.No.
Banking Programmes and Schemes
Year of Beginning
Objective/Description
 1
 Credit Authorization Scheme (CAS)
1965
A scheme of Qualitative Credit Control of Researve Bank
 2
 Scheme of Discriminatory Interest Rate
1972
 To provide loan to the weaker sections of the societyat a concessional interest rate of 4%.
 3
 Industrial Reconstruction Bank of India
1985
 To provide financial assistance to sick and closed industrial units for their reconstruction.
 4
 Formation of Securities Exchange Board of India (SEBI)
1988
To safeguard the interest of investors in capital market and to regulate share market.
 5
 National Renewal Fund (NRF)
1992
 To protect the interest of the employees of Public Sector.
 6
 Group Life Insurance Scheme in Rural Areas
1995
To provide insurance facilities to rural people on lower premium.
 7
 Social Security Pilot Scheme
2004
Scheme for labors of unorganized sector for providing family pension, insurance and medical.

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