ForumIAS LATEST
- Prelims Test Series (PTS) for Prelims 2027 starts 11th Oct. 2026 Click Here to know more →
- [Pre-order] Ethics Redbook 3rd Edition: Delivery starts from 10th October onwards Click Here to Read More →
- 21 Sept. | Forum Residential Coaching (FRC) for UPSC preparation Click Here to know more →
- 21 Sept. | GS Advance Program (GSAP) for UPSC 2027 Mains starts from 10th Oct. Click Here to Read More →
News:Finance Minister has announced that the public sector banks will be organising loan meals in 400 districts beginning October 3,2019.
Facts:
About loan melas:
- The loan melas will be organized by the Public sector banks(PSB) in partnership with Non banking financial companies (NBFCs).
- The PSBs will focus on giving loans to the ‘RAM’ category namely the retail, agriculture and Micro Small and Medium enterprises(MSMEs)
- The aim of this initiative is to improve consumption in the economy which is expected to boost the growth in the Indian economy.
