Financial Affairs

Financial Affairs

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  1. UP to 23rd August 2018
  2. Paytm has partnered with China's Alibaba - to launch AI-based cloud computing platform 'Paytm AI Cloud'.
  3. Bharti Axa Life Insurance and Airtel Payments Bank entered into an alliance to offer the 'Pradhan Mantri Jeevan Jyoti Bima Yojana' (PMJJBY), a government-backed life insurance scheme.
  4. Exim Bank MOU with BRICS to undertake collaborative research in distributed ledger/blockchain technology.
  5. According to YouGov survey, bank has ranked As India’s Most Patriotic Brand - SBI
  6. PayPal & HDFC Bank Partnership to offer safer, faster and convenient payment experiences for the bank's cardholders.
  7. Bajaj Allianz General Insurance has entered into a bancassurance deal - with Vijaya Bank.
  8. first bank in the country to introduce Iris Scan Authentication feature for Aadhaar -based transactions - Axis Bank
  9. bank has launched a new digital platform 'MyDeal' to raise funds via Capital Markets - HSBC
  10. The Reserve Bank of India (RBI) will transfer of - Rs50,000 crore its surplus money to the government, the highest since 2015-16, in a partial relief for the latter struggling to replenish public sector banks.
  11. bank has launched digital initiative called MOPAD - SBI
  12. Prime Minister Narendra Modi will launch 650 branches of - India Post Payments Bank (IPPB)
  13. India's 28 Fugitive Economic Offenders list topper - Vijay Mallya
  14. first state in india to set up the umbrella organization for urban cooperative banks - Gujarat
  15. Loksabha Speaker Sumitra Mahajan handed over 5 crore th LPG connection under Pradhan Mantri Ujjwala Yojana (PMUY) to Smt Takrdiran of Delhi in the Parliament House.
  16. Seven Indian companies have been listed in Fortune’s 500 list 2018 of world biggest corporations. Indian Oil Corporation (IOC) is the highest ranked company from India followed by RIL which jumped 55 places. The US-based retail company - Walmart has topped the list.
  17. National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 772 crore for eight water projects in the rural areas of - Haryana.
  18. Reserve Bank of India has banned - Fino Payment Bank from adding new customers from the end of May 2018.
  19. According to 3rd Bi-monthly Policy of RBI Repo Rate : 6.50% Reverse Repo Rate : 6.25% Marginal Standing Facility Rate : 6.75% Bank Rate : 6.75% Reserve ratios CRR : 4% SLR : 19.5%
  20. The Cabinet Committee on Economic Affairs today approved the proposal for opening of 13 new Kendriya Vidyalayas in seven States to impart quality education. The states are Uttar Pradesh, Maharashtra, Manipur, Bihar, Jharkhand, Telangana and Karnataka.
  21. UP to 31st July 2018
  22. COO of Paytm's new retail initiative - Renu Satti
  23. CEO of HSBC India - Surendra Rosha
  24. A 16 member committee has been formed by Insurance regulator IRDAI examine motor third party insurance pricing and make recommendations on the premium rates for 2019-20 For the first time. IRDAI member - P.J. Joseph is the chairman of the committee.
  25. CEO & MD of Tata AIA - Rishi Srivastava
  26. bank has received the regulatory nod to open offices in Bahrain, Kuwait and Singapore - Federal Bank
  27. The government has slashed the minimum annual deposit requirement for accounts under the Sukanya Samriddhi Yojana (SSY) to Rs 250 from Rs 1,000. The maximum amount that can be deposited in a year is - Rs 1.5 lakh.
  28. bank has launched Jammu and Kashmir's first all-women branch - J & K Bank
  29. bank has signed an agreement with 10 companies to promote micro and small business entrepreneurs - Bank of Baroda
  30. Myanmar joined the India-initiated International Solar Alliance (ISA), thus, becoming the 68th signatory to the Framework Agreement of the ISA that aims for optimum utilisation of solar energy.
  31. Nabard 2018 award for its service to SHG linkage in Tamil Nadu winner - Repco Micro Finance
  32. Karnataka Bank launched DigiLocker facility for its customers as part of its digital initiative. The facility is being given by integrating bank's MoneyClick internet banking channel
  33. Jana Small Finance Bank announced the commercial launch of its banking operations Headquartered at Bengaluru.
  34. Non-executive Chairman of the ICICI bank - Girish Chandra
  35. The European Union regulators have slapped Alphabet-owned Google with a record 4.34 billion euro ($5 billion) antitrust fine for abusing the dominance of its Android mobile operating system
  36. Rs 100 denomination banknote The base colour of the note is Lavender. The dimension of the banknote will be 66 mm x 142 mm. The Reserve Bank of India will shortly issue Rs100 denomination banknotes in the Mahatma Gandhi (New) Series, bearing the signature of Dr Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has Motif of RANI KI VAV on the reverse, depicting the country's cultural heritage
  37. Head of HSBC India - Amitabh Malhotra
  38. SBI & NABARD have joined hands to provide collateral-free credit through Joint Liability Groups (JLGs) in Telangana.
  39. UP to 15th July 2018
  40. ADB has approved ‘Son canal’ project in Shahabad-Bhojpur region of Bihar which would benefit the agriculture sector immensely in the region
  41. RBI has made it compulsory to incorporate the purchaser’s name on the face of demand draft, pay order, banker’s cheques and other instruments
  42. Oxigen & IndiaFirst Life Insurance tied up to establish the distribution of its insurance products at Oxigen retail outlets
  43. payments bank has received requisite approvals from the RBI to begin taking new customers - Airtel Payments Bank
  44. National Bank for Agriculture and Rural Development (NABARD) has completed 36 years of service to the nation and celebrated the 37th Foundation Day on 12th July.
  45. bank has signed an MOU with Indian Army on the Defence Salary Package - SBI
  46. Managing Director & CEO of Dhanlaxmi Bank - T Latha
  47. state has topped the Ease Of Doing Business Rankings in india - Andhra Pradesh
  48. country has become the world's sixth-biggest economy - India
  49. Asian Development Bank (ADB) - has approved 503-million US Dollar lining project of the Son canal in Shahabad-Bhojpur region of Bihar which would benefit the agriculture sector immensely in the region
  50. brand ambassador of Muthoot Pappachan Group - Vidya Balan
  51. the most valuable bank in the emerging market outside China - HDFC Bank
  52. bank has received SEBI's Approval to start mutual fund business - Yes Bank
  53. Chairman of Payments Council Of India - Vishwas Patel
  54. Reserve Bank of India licensed Bank of China to operate in India. This decision comes as part of the commitment made by PM Modi to the Chinese leadership. Bank of China will now have operating offices in India.
  55. Director & GM Of United India Insurance - Vijay Srinivas
  56. The Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing Life Insurance Corporation (LIC) to acquire a majority stake in the IDBI bank.
  57. UP to 30th June 2018
  58. third annual Meeting of the Asian Infrastructure Investment Bank (AIIB) held in - Mumbai
  59. additional (independent) director of ICICI Bank effective for a period of 3 years - Girish Chandra Chaturvedi
  60. bank has mandated IT majors IBM & Accenture to create an IT Centre of Excellence (ITCoE) and Analytics Centre of Excellence (ACoE) as part of the bank’s strategy to use technology to drive growth - Bank of Baroda
  61. ‘Investor Relations Awards 2018’ award winner - Corporation Bank
  62. Deputy Governor at Reserve Bank of India (RBI) - Mahesh Kumar Jain
  63. bank has been recognized with the Champion Security Award in the India & South Asia category at the 14th Visa Asia Pacific Security Summit - HDFC bank
  64. U.S. has surpassed India to become the top destination for greenfield foreign direct investment in 2017, as per the FDI Report 2018,
  65. Housing finance major HDFC has been ranked as the 5th biggest public company globally.American Express has topped this category.
  66. World Bank approved $700 million - to help Bangladesh achieve its education for all vision by improving the primary education sector.
  67. RBI’s Deputy Governor - MK Jain
  68. CEO of ICICI Prudential Life Insurance - N.S. Kannan
  69. whole-time director & chief operating officer of ICICI Bank - Sandeep Bakhshi
  70. Chief Finance Officer of General Motors - Dhivya Suryadevara
  71. Managing Director of State Bank of India - Arjit Basu
  72. MD & chief executive of IDBI Bank - B Sriram
  73. India extended a financial aid of Rs 99 million to Nepal for the construction of 2,700 shallow tube well irrigation systems
  74. India pledged USD 5 million in assistance to the UN agency working for the welfare of Palestinian refugees to help bolster its "severe funding crisis" following US' cut in its annual aid to United Nations Relief & Works Agency for Palestine Refugees (UNRWA)
  75. Muthoot Fincorp partnership with National Skill Development Corporation - to train over 10,000 youth over the next three years & make them job ready. It claims to have become the first major private sector player to partner with NSDC.
  76. - Marg ERP limited partnered with ICICI Bank - to offer an integrated payments platform to MSME customers, using MARG's accounting software
  77. Flipkart-owned PhonePe partnered Ola that will allow riders to book rides using the former’s payment platform.
  78. RBI stated that interest subsidy scheme on short-term crop loans of up to - 3 Lakhs
  79. largest value share of Volume - Paytm
  80. largest value share of mobile banking transactions for - Axis Bank
  81. RBI has revised the housing loan limits for eligibility under priority sector lending will be revised to Rs 35 lakh in metropolitan centres & to Rs 25 lakh in other centres.
  82. Export-Import Bank of India (Exim Bank) has extended $10 million worth of line of credit (LOC) to Seychelles.
  83. Insurance Regulatory & Development Authority of India (IRDAI) - has approved a proposal allowing Life Insurance Corporation (LIC) to acquire a majority stake in the IDBI bank
  84. 2nd Bi-monthly Monetary Policy 2018-19
    Repo Rate : 6.25%
    Reverse Repo Rate : 6.00%
    Marginal Standing Facility Rate : 6.50%
    Bank Rate : 6.50%
    CRR : 4%
    SLR : 19.5%
  85. UP to 31 st May 2018
  86. World Bank has signed a $500 million loan agreement with india for additional financing for PMGSY
  87. World Bank has signed USD 21.7 Million Loan for the Strengthening of Public Financial Management in Rajasthan Project
  88. first chief financial officer (CFO) of the RBI - Sudha Balakrishnan
  89. SIDBI inked pact with CSC - for financial support to village level entrepreneurs
  90. Non executive chairperson of Dena Bank - Anjali Bansal
  91. Non executive chairperson of Central Bank of India - Tapan Ray
  92. Non executive chairperson of Punjab & Sind Bank - Charan Singh
  93. Managing Director & CEO of Airtel Payments Bank - Anubrata Biswas
  94. Bank of Baroda has launched its first integrated SME Loan Factory in - Gurgaon
  95. The Reserve Bank of India (RBI) has slapped a penalty of ₹ 50 million on South Indian Bank Limited for non-compliance with the directions issued by it
  96. Himachal Pradesh, Jammu and Kashmir, Haryana and Uttarakhand agreed to implement the ambitious national health protection mission (NHPM).NHPM aims to provide an annual coverage of Rs 5 lakh per family.
  97. The World Bank (WB) is going to provide Bangladesh with a grant to meet the basic needs of around one million Rohingyas who fled from Myanmar.
  98. Govt has initiated action for removal of Allahabad Bank CEO Usha Ananthasubramanian & 2 executive directors of Punjab National Bank following CBI’s first charge sheet in the $2 billion fraud at PNB.Ananthasubramanian was the MD & CEO of Punjab National Bank from 2015 to 2017.
  99. Paytm - introduced automatic recurring payments
  100. Payments Bank has launched a suite of digital products - Fino Payments Bank
  101. largest remittance-receiving country in the world - India
  102. A parliamentary panel headed by Murali Manohar Joshi will study the recovery of black money & performance of public sector banks.30-member Estimates Committee has decided to study a host of subjects related to various ministries in the year 2018-19.
  103. US-based retail giant Walmart has confirmed that it will buy 77% stake in India's largest e-commerce startup Flipkart for $16 billion.
  104. Reserve Bank of India (RBI) - announced that it would buy Rs. 10,000 crore ($1.50 billion) of government bonds via open market operation (OMO), after failing to sell all the debt it had offered to bidders.
  105. World Bank & India - signed $200million loan agreement for POSHAN Abhiyaan
  106. India has requested Asian Development Bank - to expand its sovereign and non-sovereign operations in the country by providing financial assistance worth $4 billion a year.
  107. government will provide over 1 lakh shallow tubewells to farmers to double their income - Assam
  108. UP to 30 th April 2018
  109. payment service company has introduced 'Tap Card' offline payments solution for the non-internet customers - Paytm
  110. bank has launched IRA 2.0, the second version of its interactive humanoid in Bengaluru - HDFC Bank
  111. World Bank has signed USD 125 Million loan agreement with india - for the Innovate in India for Inclusiveness Project.
  112. MD and CEO of Axis Bank - Egon Zehnder
  113. country has banned the use of bitcoin and other cryptocurrencies by its banks and financial institutions - Iran
  114. Paytm Payments Bank has over 100 million KYC wallets, against the constant campaigning done by the bank about the benefits of the Know Your Customer (KYC) system.
  115. India and the World Bank - have signed a $210 million loan agreement for the Madhya Pradesh Rural Connectivity Project. The Project is expected to improve the durability, resilience and safety of the gravel surfaced rural roads and enhance the capacity of the state to manage its rural roads network.
  116. ADB to give an aid of 1,700 crore rupees to Uttarakhand for infrastructure development and creation of sewerage treatment facilities in urban areas
  117. Indian Overseas Bank agreement with NeSL for information utility services
  118. UP to 20th April 2018
  119. According to World Bank, India has 19 crore adults without a bank account, making it the world’s 2nd largest unbanked population.
  120. Bank has received the RBI’s approval to open two representative offices in London and Singapore - Yes Bank
  121. According to the TRA Brand Trust Report 2018, State Bank of India is the most trusted bank (both public and private sector) in the country.
  122. Secretary General of FICCI - Dilip Chenoy
  123. India is now the world’s sixth largest economy, displacing France.The five economies ahead of India are the United States, China, Japan, Germany and United Kingdom.
  124. bank has provided Cash Withdrawal Through PoS Machines by Cash@POS initiative - State Bank of India (SBI)
  125. Minister of Communications Manoj Sinha launched here the DARPAN (Advancement of Rural Post Office for a New India)-PLI App, which will help in collection of premium for Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI) policies at Branch Post Offices anywhere in India, with online up gradation of the policies.
  126. Yes Bank has announced the launch of Yes GST , an OD (over draft) facility for Micro, Small and Medium Enterprises (MSMEs). Through this, an MSME can avail OD up to Rs 1 crore, based on their annual turnover, backed by GST returns.
  127. World Bank & India loan of USD 48 million for the Meghalaya Community - Led Landscapes Management Project (MCLLMP) was signed with the World Bank.
  128. Shares of private lender Kotak Mahindra Bank Ltd beat India’s largest lender State Bank of India (SBI) for the first time to become the second most valued bank in the country.HDFC Bank Ltd remained India’s most valuable bank with a market capitalisation of Rs5.04 trillion.
  129. To double the income of farmers by 2022, the government has raised the authorized capital of NABARD by six times from 50 billion to Rs 300 billion to help it increase its lending to the rural economy.
  130. Reserve Bank of India (RBI) has imposed a penalty of Rs. 3 crore on IDBI Bank for non-compliance with the outlined norms related to reporting of bad loans. the penalty was imposed on account of non-compliance with the directions issued on Income Recognition and Asset Classification (IRAC) norms
  131. National E-Repository Limited (NERL), a group company of National Commodity and Derivatives Exchange Limited (NCDEX ), has brought in ICICI Bank and HDFC Bank on board as the repository participants for pledge finance.
  132. managing director and CEO of Bandhan Bank - Chandra Shekhar
  133. Reserve Bank of India tightened reporting norms for the Liberalised Remittance Scheme (LRS) under which an individual can transfer up to USD 2,50,000 abroad in a year. The LRS transactions are currently permitted by banks based on the declaration made by the remitter.
  134. Retail inflation has dipped to 4.28 percent in March from 4.44 per cent in February. The rate of increase in price rise slowed for the third consecutive month after hitting a fresh high of 5.2 percent growth in December and 5.07 percent in January due to unusual pick up in food prices and rise in domestic petrol and diesel prices.
  135. SBI has set up 60 digital branches, called sbiINTOUCH , across the country. SBI has set up these branches in partnership with Dimension Data, a global technology integrator and managed services provider
  136. chairman of Banks Board Bureau - Bhanu Pratap Sharma
  137. bank has launched a special financing scheme named Add-on Working Capital GST - Jammu and Kashmir Bank
  138. CEO of Deutsche Bank - Christian Sewing
  139. UP to 10th April 2018
  140. first foreign bank in the UK to ringfence its retail division from its wholesale business - SBI
  141. bank has committed to invest Rs 80 billion in Nepal's 900 MW hydro-electric project - SBI
  142. bank has tied up with Fortune Wealth to offer PIS services - Federal Bank
  143. Paypal has signed MOU with FIEO to empower SMEs
  144. Centre, Maharashtra Government and World Bank signed a 420 million dollar project to help small and marginals farmers in the Marathwada and Vidarbha region of the State. the project will help in increasing climate resilient practices in agriculture
  145. bank launched a pilot WhatsApp enterprise solution to communicate with its customers - IndusInd Bank
  146. bank has facilitated money transfer for NRIs through Whatsapp or Email - ICICI Bank
  147. Jio Payments Bank Limited has commenced operations as a payments bank.
  148. Bank has signed a $930-million deal with China's GCL to produce and sell solar equipment in India - Soft Bank
  149. Bank has signed Mou with Indian Army for the Defense Salary Package - HDFC Bank
  150. E-way Bill System has been implemented from April 1st 2018 across India , E-way Bill required Movement of goods of more than 50 thousand rupees in value.
  151. Bank has launched the India’s first artificial intelligence-powered voicebot - Kotak Mahindra Bank
  152. UP to 31st March 2018
  153. Rivigo , YES Bank & IDFC and 10 other financial institutions to make cheaper funds available to truck owners and operators on its platform.
  154. SBI Card has partnered with Indian Medical Association (IMA) to launch 'Doctor's SBI Card', which has been designed to complement the distinct lifestyles and needs of doctors.
  155. Reserve Bank of India has slapped a monetary penalty of ?58.9 crore on ICICI Bank for non-compliance with regulatory directions on direct sale of securities from the bank’s Held To Maturity (HTM) portfolio and specified disclosure in this regard
  156. Asian Development Bank (ADB) and India signed $80 million loan to help modernize technical and vocational education and training institutions ecosystem in Himachal Pradesh.
  157. organization has introduced Universal Real-Time Payment Tracking - SWIFT
  158. Ministry of Finance has approved Government guarantee of Rs. 5,000 crore in the current financial year for Indian Railway Finance Corporation, IRFC bonds to be subscribed by - Life Insurance Corporation, LIC.
  159. Small Finance Bank has launched a new ‘Yellow Army Savings Account’ - Equitas Small Finance Bank
  160. bank has launched a Metro Plus Card for the customers with Delhi Metro - IndusInd Bank
  161. bank has signed With Government E-Marketplace - HDFC Bank
  162. bank has signed with All Bank Finance Ltd - Alahabad Bank
  163. bank has started rolling out its chatbot Erica to help customers - Bank of America
  164. bank has patnered with Swiggy to facilitate the transfer of funds for its delivery partners - ICICI Bank
  165. governor of China's central bank, the People's Bank of China (PBOC) - Yi Gang
  166. ndia and the European Union (EU) - have signed an agreement that will enable them to share earth observation data from each other's satellites
  167. Bank has opened a representative office in Sharjah recently - Axis Bank
  168. Capital markets regulator SEBI raised the exposure limit under exchange-traded currency derivatives trading for residents and FPIs to USD - 100 million across all currency pairs involving the Indian rupee
  169. Bank has launched a robotics-based 'Digital export Import' payments solution - Yes Bank
  170. head of HSBC banks corporate for South-east Asia for global banking - Pradeep Rao
  171. GoI and Asian Development Bank (ADB) have signed a $120 million loan agreement for completion of works for double-tracking and electrification of railways tracks along high-density corridors to improve operational efficiency of Indian railways.
  172. bank has launched instant overdraft ‘InstaOD’ facility for MSME - ICICI Bank
  173. India has offered a 100 million dollar Line of Credit (LoC)to Mauritius for defense procurement to help its security capacity.
  174. Union Government has made providing passport details mandatory for taking loans of - 50 crore rupees and above.
  175. Karnataka Vikas Grameena Bank (KVGB) - has introduced Vikas She Plus , a loan scheme for women to help them with new ventures and for expanding or modifying their existing businesses. The Vikas She Plus scheme offers loan up to a maximum of Rs 2 lakh. Repayment period for the loan is 60 months under this scheme
  176. Asian Development Bank (ADB) and the International Solar Alliance (ISA) has signed - a cooperation arrangement to promote solar energy deployment in Asia and the Pacific.
  177. nominee director on SBI Life Board - P K Gupta
  178. SIDBI MoU with CSC e-governance Services - to take Udyami Mitra portal to the unserved and the underserved MSMEs.
  179. NITI Aayog launched the Women Entrepreneurship Platform (WEP), on the occasion of International Women’s Day. WEP theme song Naari Shakti composed and sung by Shri Kailash Kher was released on this occasion.
  180. Reserve Bank has slapped a penalty of Rs 40 lakh on SBI (State Bank of India) for not complying with its directions on detection and impounding of counterfeit notes.
  181. Group Chief Risk Officer of Punjab National Bank (PNB) - A K Pradhan
  182. state has announced five lakh rupees health-cum-life insurance scheme for farmers - Telengana
  183. IndusInd Bank partnership with Ripple -to facilitate payments into and out of India.
  184. UP to 28th February 2018
  185. The Reserve Bank of India raised the exposure limit under Exchange Traded Currency Derivatives (ETCD) trading for residents and foreign portfolio investors (FPIs) to USD 100 million across all currency pairs involving the Indian rupee.
  186. SBI is set for a major restructuring of its business in UK from April. SBI's UK operations will transform into a subsidiary named State Bank of India UK Limited from April 1.
  187. Reserve Bank of India has launched Ombudsman Scheme for non-banking financial companies (NBFCs) for redressal of complaints against them.
  188. The Reserve Bank of India (RBI) has constituted a new 5-member expert Committee under the chairmanship of Y H Malegam, a former member of the Central Board of Directors of RBI, to look into the reasons for wide divergence by banks in asset classification and provisioning by banks and measures to prevent frauds.
  189. The Centre has constitued a committee headed by the Vice Chairman of the NITI Aayog to study the Brahmaputra and flood control measures in Assam and neighbouring states
  190. State-owned Bank of Baroda has decided to exit by March-end its South Africa operations after 21 years amid a probe into alleged compliance lapses by the bank
  191. .Mumbai, India's financial capital is the 12th richest city in the world with a total wealth of $950 billion, according to a report by New World Wealth. The list was topped by New York as the richest city in the world.
  192. The country’s largest lender SBI wrote off bad loans worth Rs 20,339 crore in 2016-17, the highest among all the public sector banks, which had a collective write off of Rs 81,683 crore for the fiscal.
  193. IndusInd Bank launched its new Sonic Identity today, which is essentially a musical logo, as part of its branding initiatives.
  194. The Reserve Bank of India will link the base rate with the MCLR from 1st of April 2018 to ensure expeditious transmission of its policy rate to borrowers.
  195. The government is planning to launch Market Assurance Scheme with a corpus fund of Rs 500 crore under which states will procure crops if prices fall below the minimum support price (MSP), according to sources.
  196. IOB has received Rs173.06 crore a the contribution of the central government in the preferential allotment of equity shares of the bank as government’s investment during the 2017-18 fiscal.
  197. The government has made Permanent Account Number (PAN) mandatory for any entity conducting financial transactions of ?2.5 lakh or more.
  198. BSNL & Japan's NTT - have signed an agreement to collaborate in developing futuristic technologies.
  199. NABARD & Punjab - has announced area development plans worth Rs 1,918 crore for Punjab to supplement farmers' income.
  200. India has second loan agreement with New Development Bank - for 100 million dollars for Rajasthan Water Sector Restructuring Project for Desert Areas.
  201. Ola and Assam have signed an MoU - to pilot an app-based river taxi service in Guwahati.
  202. Executive director of Vijaya Bank - Murali Ramaswam
  203. Executive director of Canara Bank - Debashish Mukherjee
  204. Bank of Japan Governor - Haruhiko Kuroda
  205. Brand ambassador of Muthoot Group - Amitabh Bachchan
  206. HDFC banking head - Rakesh Singh
  207. Non-executive chairman of NPCI - Biswamohan Mahapatra
  208. MD & CEO of SBI Card - Hardayal Prasad
  209. UP to 31stJanuary 2018
  210. State-owned Oil and Natural Gas Corp (ONGC) has borrowed Rs 4,000 crore from ICICI Bank.
  211. Axis Bank launched the fourth edition of Evolve in Coimbatore, Tamil Nadu
  212. The Economic Survey 2017-18, tabled by the Union Finance Minister Arun Jaitley projected a GDP growth of 7 to 7.5% in the financial year 2018-19.
  213. . ICICI Lombard General Insurance, one of the leading general insurance companies in the country has launched a health insurance app IL TakeCare.
  214. The government has announced 88,139 crore rupees capital infusion in 20 public sector banks, PSBs, during the current fiscal ending 31st March to boost lending and revive growth.IDBI Bank will get the most- Rs10,610 crore followed by State Bank of India 8,800 crore rupees.
  215. Central governmet will set up a $350 million fund to finance solar projects.It is a part of India’s efforts to achieve its ambitious target of adding 175 GW in renewable energy by 2022
  216. India has contributed USD 50,000 to UN Secretary General Antonio Guterres's Office of Envoy on Youth to help with its mission of involving young people in the world body's goals.
  217. India has granted a financial assistance worth over Rs.288 crore ($45.27 million) to develop Sri Lanka's Kankesanthurai (KKS) Harbour into a commercial port.
  218. Paytm set up a new entity called Paytm Money Ltd that will offer investment and wealth management products and will invest close to $10 million upfront in the new entity.
  219. Union government will increase the authorized capital of the NABARD from Rs. 5,000 crores to Rs. 30,000 crores
  220. Electoral Bonds scheme seeks to ensure the flow of clean money to political parties, without revealing the donors’ names.As per the Finance Minister Arun Jaitley, the electoral bonds will be a bearer instrument in the nature of a Promissory Note and an interest-free banking instrument.
  221. The central bank of Pakistan gave its green signal to using the Chinese currency, Yuan for bilateral trade with China.The decision to cozy up to Beijing comes just a day after US President Donald Trump vowed to stop all aid to Islamabad.
  222. National Bank for Agriculture and Rural Development (NABARD) sanctioned financial assistance of Rs 10,000 Crores to Odisha.
  223. India & World Bank - sign USD 100 million loan agreement for Tamil Nadu Rural Transformation Project to boost the rural economy of Tamil Nadu
  224. Asian Development Bank and India has signed - a 250 million dollar loan to finance the construction of over 6200 km all-weather rural roads in 5 states.
  225. Paytm and Alibaba Group-owned AGTech Holdings MOU - to launch 'Gamepind' a gaming platform aimed at mobile users in India
  226. AU Small Finance Bank MoU with LIC - o offer Pradhan Mantri Jeevan Jyoti Bima Yojana.Under the MoU, LIC will give a life cover of Rs5 lakh in case of death to the customer at a nominal premium of Rs330 per annum.
  227. Yes bank tiedup with Amplus Energy Solutions - for strategic tie-up to co-finance projects in the solar energy space in India
  228. Federal Bank has tiedup with Hedge Equities Ltd - for providing Portfolio Investment Scheme (PIS) services to NRIs
  229. IDFC Bank will merge with Warburg Pincus-backed Capital First - in an all-share deal
  230. Ola & ICICI tied up - to provide a range of integrated offers, including micro-credit to their customers and digital payment facilities to driver partners respectively.
  231. FreeCharge & PhonePe has partnered - to allow the latter’s customers pay for transactions at PhonePe’s partner merchants
  232. Punjab National Bank and National Scheduled Castes Finance and Development Corporation have tied up - to provide financial assistance for economic empowerment of persons belonging to Scheduled Caste families living below Double Poverty Line.
  233. Director General of FICCI - Dilip Chenoy
  234. NCDEX MD and CEO - Vijay Kumar
  235. Chairman of the Finance Commission of the Indian Olympic Association - Anil Khanna
  236. MD & CEO of NPCI - Dilip Asbe
  237. From 1st January 2018
First time & records Appointments summits & inaugurations
Acquisitions & MOU's Govt. Schemes Banking schemes & Apps
Awards Missiles GDP Forecasts
Rank of India Financial Affairs Miscellaneous & Sports
Committees Books Obituaries
Union Ministers Bank Mergings Know More

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