GS3 › Money, Banking and Monetary Policy

Revision note: Banking Structure, NPAs, Bank Reforms and the Insolvency Code

  • Scheduled banks: Second Schedule of RBI Act; 12 PSBs after 2020 mergers; RRBs 1976 (50:35:15); SFBs and Payments Banks 2015 (deposit cap ₹2 lakh, no lending)
  • Nationalisation: 14 banks 1969, 6 banks 1980; Narasimham I (1991), II (1998)
  • Basel III: CRAR 9% + 2.5% buffer; PCA framework
  • NPA: > 90 days overdue; GNPA peak ~11.2% (Mar 2018) → ~2.3% (Mar 2025)
  • SARFAESI 2002, DRT 1993, NARCL 2021, AQR 2015
  • IBC 2016: NCLT, CoC 66%, 180+90 days (330 overall), IBBI, s.29A; pre-pack for MSMEs 2021
  • DICGC ₹5 lakh (2020); payout within 90 days (2021)
Revision card summarising Banking Structure, NPAs, Bank Reforms and the Insolvency Code
One-page visual summary of the key points to revise.

Source: https://upscprep.in/upsc/gs3/money-banking-and-monetary-policy/banking-structure-npas-bank-reforms-and-the-insolvency-code/ · UPSCPrep.in

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