Glossary Terms

03

Dec'17

Nationalised Banks

Nationalized banks are the banks nationalized by the government in in 1969 and 1980. Altogether 20 banks were nationalized in …

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03

Dec'17

Too-big to fail problem

Too big to fail is a terminology indicating that some financial institutions like banks are having big size so that …

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03

Dec'17

Financial Safety-net

Financial safety net is arrangements where the stress of a financial institution especially that of a private sector one is …

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03

Dec'17

Moral Hazard Problem

The moral hazard problem arises when a party has a tendency to embrace more risk knowing that the cost of …

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03

Dec'17

Asset Quality Review (AQR)

Asset Quality Review is the RBI’s inspection of the balance sheet of selected commercial banks to examine the health of …

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03

Dec'17

Stress Testing

Stress testing is a practice widely adopted by central bankers to measure the capacity of individual institutions and the system …

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03

Dec'17

Debt Recovery Tribunals (DRTs)

Debt Recovery Tribunals were established to facilitate the debt recovery involving banks and other financial institutions with their customers. DRTs …

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03

Dec'17

Asset Reconstruction

Asset reconstruction is the activity of converting a bad or non-performing asset into performing asset. The process of asset reconstruction …

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03

Dec'17

Prompt Corrective Action Framework

Prompt Corrective Action Plan are the RBI suggested measures that should be a taken by banks when certain financial indicators …

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03

Dec'17

Asset Reconstruction Companies (ARCs)

  ARCs clean up the balance sheets of banks when the latter sells these to the ARCs. This helps banks …

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