Current Affairs

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Page-6 of Archives: April, 2015

Indian Army conducts Akraman–II defense exercise in Rajasthan

Indian Army on 26 April 2015 conducted a major exercise ‘Akraman-II’ in Rajasthan. The exercise was conducted by the Chetak Corps, a part of South Western Command based...

April 27, 2015

NTPC flags off Mobile Science labs to revolutionize rural education

India’s largest power producer, National Thermal Power Corporation (NTPC) flagged off a Mobile Science Lab (MSL) as part of its efforts to promote scientific learning. MSL seeks to...

April 27, 2015

Yashwant Sinha gets highest French honour of Officier de la Légion d’Honneur

French Government has honoured former Union Finance Minister and veteran BJP leader Yashwant Sinha with Officier de la Légion d’Honneur (Officer of the Legion of Honour). It is...

April 27, 2015

Prompt Corrective Action

Prompt Corrective Action is a system of RBI under which it can initiate a corrective action in case of a bank which is found to be having low...

April 27, 2015

Bharatiya Mahila Bank wins Asian Banker Achievement Award 2015

Bharatiya Mahila Bank (BMB) has won The Asian Banker Achievement Award 2015. The award was presented to the BMB in the Technology Implementation category of Best Outsourcing Project...

April 27, 2015

Bancassurance

Bancassurance or Bank Insurance Model refers to the distribution of the insurance and related financial products by the Banks whose main business is NOT insurance. So, simply Bancassurance,...

April 27, 2015

Norway’s Magnus Carlsen wins Shamkir chess tournament in Azerbaijan

World champion Magnus Carlsen of Norway on 26 April 2015 won the Shamkir Chess tournament held in Azerbaijan. In the ninth and final round, he defeated Rauf Mamedov...

April 27, 2015

What is Asset Liability Mismatch?

Asset Liability Mismatch or ALM is considered to be a comprehensive and dynamical framework for measurement, monitoring and managing the market risk of the Banks. Asset Liability Mismatch...

April 27, 2015

India’s Credit Rating Agencies

The Credit rating market taken a definite shape in India after the SEBI made it mandatory for any debenture that has maturity of more than 18 months maturity....

April 27, 2015

What are Risk Weighted Assets?

The Risk Weighted Assets (RWA) refer to the fund based assets such as Cash, Loans, Investments and other assets.  They are the total assets owned by the Banks,...

April 27, 2015

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