E-kuber is the core banking solution of the Reserve Bank of India (RBI). Scheduled Urban Cooperative banks (UCBs), insurance companies, commercial banks who maintain securities accounts and current accounts with the RBI use the E-kuber platform. You can read about The Reserve Bank of India: Functions and Composition in the given link.
Further readings:
- Non Performing Assets (NPA) – Facts for UPSC GS-III
- Monetary Policy – Objectives, Roles and Instruments
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Bad Banks – Idea Proposed by Indian Banking Association (IBA) Due to COVID-19 |
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