Doubts clearing thread for prelims 2019

kalashnikov_zx1

ask your doubts related to polity, economy, s&t, et al here.
Be decorous, cooperate with each other, and stick to the purpose of the thread.

Iamshivam

Joining the discussion

kalashnikov_zx1

Joining the discussion

1st attempt? if not
have you cleared prelims before

Ginsberg_Marston

Whats the difference between urban cooperative banks and small finance banks, especially in terms of area of coverage, overseeing authority?

harry90

Urban cooperative banks come under dual authority of RBI and registrar cooperative societies of the concerned state...whereas small finance banks under RBI only

harry90

Whats the difference between urban cooperative banks and small finance banks, especially in terms of area of coverage, overseeing authority?

Plus small finance banks are targeted towards providing small credit amounts..same is not true necessarily with urban cooperative banks

Ginsberg_Marston

Whats the difference between urban cooperative banks and small finance banks, especially in terms of area of coverage, overseeing authority?

Plus small finance banks are targeted towards providing small credit amounts..same is not true necessarily with urban cooperative banks

Okay thanks a lot. Recently there was a proposal to convert some urban cooperative banks to small finance banks, right?

Any idea on difference between payments banks and small finance bank?

Gamely

ask your doubts related to polity, economy, s&t, et al here.
Be decorous, cooperate with each other, and stick to the purpose of the thread.

Thanks for creating this thread!

kalashnikov_zx1

Whats the difference between urban cooperative banks and small finance banks, especially in terms of area of coverage, overseeing authority?

Plus small finance banks are targeted towards providing small credit amounts..same is not true necessarily with urban cooperative banks

Okay thanks a lot. Recently there was a proposal to convert some urban cooperative banks to small finance banks, right?

Any idea on difference between payments banks and small finance bank?

sfb is essentially a scaled down version of normal bank and retain most of the features of an ordinary bank, in comparison payments bank cant take any lending activity and earn revenue mainly by offering services like selling mutual funds, and investing in gsec

kalashnikov_zx1

ask your doubts related to polity, economy, s&t, et al here.
Be decorous, cooperate with each other, and stick to the purpose of the thread.

Thanks for creating this thread!

hope the thread blossoms like it did last year

KreativeKichloo

Thanks for creating this thread