Restricting activities of banking organizations  The financial activities of commercial, investment and shadow banks can be categorized into the following six groups1:   Commercial banking: deposit-taking and lending to individuals and businesses.   Investment banking: underwriting securities (stocks and bonds) and advisory services.   Asset and wealth management services: managing assets for individuals and institutions.
In addition, the Bank has further reduced the administrative requirements and streamlined the approval process for funding under the scheme. In February this year the RBF issued a policy to commercial banks’ which required them to lend at least four percent of their deposits to businesses in the agriculture sector and a further two percent to the renewable energy sector.