1. As per the latest announcement made by RBI, domestic scheduled commercial banks are now allowed to open branches in ___ centres without RBI permission. Fill the blank...
The US Financial Stability Oversight Council’s (FSOC) designated insurance company Prudential Financial to its list of “too big to fail” institutions. The company has become the third non-bank...
In a surprising move, the Reserve Bank of India Governor Raghuram Rajan, in his maiden mid-quarter monetary policy review, hiked the short-term lending (repo) rate to 7.5%, seeking...
China launched its first direct bank, a new mode of providing online banking services without any entity outlets. The direct bank has been launched by the Bank of...
International Day of Peace was observed on September 21 across the world to acknowledge the efforts of those who have strived to end conflict and promote peace. The...
As per the report released by the U.N., the experts have found large-scale use of banned chemical weapons in Syria. The U.N. inspectors have found clear evidence that...
The Indian Navy will soon get its second aircraft carrier, 45,000-tonne Vikramaditya as the warship has successfully completed all aviation trials in the White Sea. Formerly Admiral Gorshkov...
Technology giant Microsoft Corp increased its quarterly dividend by 22% to 28 cents per share and launched a new share buyback program of up to $40 billion. Microsoft has been...
As per the notification by the RBI, the central bank has tightened rules for finance companies which lend against gold, in line with the suggestions of an internal...
Minister for rural development Jairam Ramesh clarified that with the enactment of Land Acquisition Bill acquisition of land for another major irrigation project like the Sardar Sarovar Dam would not be...
