Government of India, Ministry of Housing and Urban Poverty Alleviation has restructured the existing Swarna Jayanti Shahari Rozgar Yojana (SJSRY) and launched the NULM w.e.f. 24.09.2013. Scheme is operative in all districts headquarters irrespective is population and all cities with…

The concept of ‘Priority sector lending’ focuses on the idea of directing the lending of the banks towards few specified sectors and activities in the economy. The term ‘priority sector’ indicates those activities which have national importance and have been…

MSME is the pillar of economic growth in many developed and developing countries in the world. Though India is still facing infrastructural problems, lack of proper market linkages, and challenges in terms of flow of institutional credit, it has seen…

The Consumer Protection Act has been enacted for the purpose of providing timely and effective administration and settlement of consumer disputes and related matters. The Government instead of bringing an amendment in the 1986 Act, enacted a new Act altogether…

For the improvement of customer service in banking industry, RBI has provided a platform to customer for redressal of banking related dispute. RBI notified the Banking Ombudsman Scheme 2006 u/s 35 A of Banking Regulation Act 1949. The scheme came…