Must Read Articles


30 Banking GK 1 Liners for Nov. 30

Kirloskar Capital has received RBI license to start a non-banking financial company (NBFC).

Atul Goel takes charge as Managing Director (MD) and CEO (Chief executive officer) of UCO Bank.

Reliance Industries Ltd (RIL) has received India’s 1st blockchain-enabled letter of credit (LC).

SEBI has fined brokerage house Anand Rathi Rs 1 lakh for violating stock broker norms by transferring funds from the client’s account to own account.

National Stock Exchange of India (NSE) has launched a mobile application and web-based platform for retail investors to buy government securities -- NSE
set

The union government will infuse how many Crore in the state-owned banks by March-end -- RS. 42,000 crores

Reserve Bank has launched a survey to gauge their scope with respect to turnover, profitability, and workforce.

Payments solution provider Hitachi Payment Services India has entered into an agreement with Country’s largest lender State Bank of India (SBI) to form a joint venture for establishing a card acceptance and digital
payment platform.

Reserve Bank of India (RBI) has initiated steps to set up wide-based digital Public Credit Registry (PCR) to capture loan information of individuals and corporate borrowers. 

National Investment and Infrastructure Fund (NIIF) has acquired IDFC Infrastructure Finance (IDFC-IFL), an infrastructure debt fund.

American multinational information technology company IBM has acquired software company Red Hat in a USD34 billion cash and debt deal.

The Reserve Bank of India has setting up a digital Public Credit Registry to capture details of all borrowers, including wilful defaulters and also the pending legal suits in order to check financial delinquencies

The union government will release a Rs 75 coin to commemorate the 75th anniversary of Netaji Subhash Chandra Bose.

Union Bank of India on 11th Nov 2018 celebrated its 100th Foundation Day in Mumbai.

The Union finance ministry has altered the CPSE Exchange Traded Fund (ETF) and has included in the basket the four State-owned companies -- NTPC, SJVa N,
NLC and NBCC.

The Retail inflation falls ta o one-year low in October this year-- 3.31%

The Asian Development Bank will provide USD 13 million loans to EESL to promote efficient energy usage in India.

Wholesale inflation rises to four-month high in October -- 5.28%.

Tamil Nadu Govt. has received the nod from Securities and Exchange Board of India (SEBI) to launch its State Shelter Fund for attracting investments in the affordable housing segment. 

The number of digital payment transactions in India touched 244.81 crore in August 2018.

The State-run lender bank UCO Bank has requested the government to inject Rs 7000 crore to prop up capital.

The Karnataka Bank has opened its first-ever digital branch in the country in Bengaluru.

The Reserve Bank of India has imposed a Rs.  3-crore fine each on two lenders for non-compliance of various norms ____ Deutsche Bank & Jammu and Kashmir
Bank.

Karnataka Bank has introduced a new savings bank (SB) scheme _-- KBL SB – TASC.

Asian Development Bank (ADB) has signed a loan agreement of 105-million Dollar with India to continue financing the transmission system upgrades in Himachal Pradesh for increased supply of hydropower.

The government of India and the Asian Development Bank (ADB) sign USD 300 Million loan to support India Infrastructure Finance Company Limited (IIFCL).

SBICAP Ventures (SVL) has launched two funds for the small and medium enterprises (SMEs) and affordable housing sectors

As per Fitch Ratings, India’s sovereign rating at -- ‘BBB-’.

An asset management company (AMC) for resolving large bad loans has been formed and will be called as - 
- Sashakt India Asset Management

30 नवंबर को 30 बैंकिंग जीके 1 लाइनर्स

Kirloskar Capital has received RBI license to start a non-banking financial company (NBFC).

Atul Goel takes charge as Managing Director (MD) and CEO (Chief executive officer) of UCO Bank.

Reliance Industries Ltd (RIL) has received India’s 1st blockchain-enabled letter of credit (LC).

SEBI has fined brokerage house Anand Rathi Rs 1 lakh for violating stock broker norms by transferring funds from the client’s account to own account.

National Stock Exchange of India (NSE) has launched a mobile application and web-based platform for retail investors to buy government securities -- NSE
set

The union government will infuse how many Crore in the state-owned banks by March-end -- RS. 42,000 crores

Reserve Bank has launched a survey to gauge their scope with respect to turnover, profitability, and workforce.

Payments solution provider Hitachi Payment Services India has entered into an agreement with Country’s largest lender State Bank of India (SBI) to form a joint venture for establishing a card acceptance and digital
payment platform.

Reserve Bank of India (RBI) has initiated steps to set up wide-based digital Public Credit Registry (PCR) to capture loan information of individuals and corporate borrowers. 

National Investment and Infrastructure Fund (NIIF) has acquired IDFC Infrastructure Finance (IDFC-IFL), an infrastructure debt fund.

American multinational information technology company IBM has acquired software company Red Hat in a USD34 billion cash and debt deal.

The Reserve Bank of India has setting up a digital Public Credit Registry to capture details of all borrowers, including wilful defaulters and also the pending legal suits in order to check financial delinquencies

The union government will release a Rs 75 coin to commemorate the 75th anniversary of Netaji Subhash Chandra Bose.

Union Bank of India on 11th Nov 2018 celebrated its 100th Foundation Day in Mumbai.

The Union finance ministry has altered the CPSE Exchange Traded Fund (ETF) and has included in the basket the four State-owned companies -- NTPC, SJVa N,
NLC and NBCC.

The Retail inflation falls ta o one-year low in October this year-- 3.31%

The Asian Development Bank will provide USD 13 million loans to EESL to promote efficient energy usage in India.

Wholesale inflation rises to four-month high in October -- 5.28%.

Tamil Nadu Govt. has received the nod from Securities and Exchange Board of India (SEBI) to launch its State Shelter Fund for attracting investments in the affordable housing segment. 

The number of digital payment transactions in India touched 244.81 crore in August 2018.

The State-run lender bank UCO Bank has requested the government to inject Rs 7000 crore to prop up capital.

The Karnataka Bank has opened its first-ever digital branch in the country in Bengaluru.

The Reserve Bank of India has imposed a Rs.  3-crore fine each on two lenders for non-compliance of various norms ____ Deutsche Bank & Jammu and Kashmir
Bank.

Karnataka Bank has introduced a new savings bank (SB) scheme _-- KBL SB – TASC.

Asian Development Bank (ADB) has signed a loan agreement of 105-million Dollar with India to continue financing the transmission system upgrades in Himachal Pradesh for increased supply of hydropower.

The government of India and the Asian Development Bank (ADB) sign USD 300 Million loan to support India Infrastructure Finance Company Limited (IIFCL).

SBICAP Ventures (SVL) has launched two funds for the small and medium enterprises (SMEs) and affordable housing sectors

As per Fitch Ratings, India’s sovereign rating at -- ‘BBB-’.

An asset management company (AMC) for resolving large bad loans has been formed and will be called as - 
- Sashakt India Asset Management

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