Aditya Birla Finance becomes first company to list commercial papers on stock exchanges

Aditya Birla Finance Ltd (ABFL), the Non-Banking Financial Company (NBFC) arm of Aditya Birla Capital, has now become the first company to list its commercial papers (CPs) on stock exchanges. The move comes after stock exchanges- the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange), came out with a framework for listing of commercial ..

Month: Current Affairs - November, 2019

Category: Economy & Banking Current Affairs

Topics: Aditya Birla Finance • BSE • Commercial Paper • CP • ICRA • India Ratings • NBFC • NSE

Former RBI deputy governor H R Khan to chair Micro-Finance panel

H R Khan, former deputy governor of Reserve Bank of India (RBI) has been appointed as first chairman of steering committee panel on Code for Responsible Lending (CRL) in Micro-Credit. Members of panel include: P Satish of Sa-Dhan, Sonia Krishnankutty of L&T Finance, Harsh Shrivastava of MFIN and Srinivas Bonam of IndusInd Bank among others. ..

Month: Current Affairs - November, 2019

Category: Awards, Persons & Places in News

Topics: Code for Responsible Lending • CRL • H.R. Khan • MFIN • Micro-Finance • NBFC-MFI • Reserve Bank of India • Sa-Dhan

UNDP launches Accelerator Lab in New Delhi

The United Nations Development Programme (UNDP) has launched the India chapter of its new initiative, Accelerator Lab in New Delhi. The objective behind launching lab is to address some of the most pressing issues facing India, including air pollution, through innovation. To achieve its objectives, the UNDP has also partnered with NITI Aayog ‘s Atal ..

Month: Current Affairs - November, 2019

Category: International Current Affairs

Topics: accelerator lab • atal innovation mission • India-UNDP • NITI Aayog • SDG 2030 • UNDP • United Nations Development Programme

Indian Navy test-fires Brahmos supersonic cruise missile

Indian Navy test-fired the BrahMos supersonic cruise missile, from the Navy’s stealth destroyer INS Kochi. The supersonic missile successfully hit a decommissioned target ship in Arabian Sea. Moreover, the second ship of Project 15-A ‘Kolkata-class’ guided missile destroyer test-fired advanced missile during a naval drill in west coast. Earlier the BrahMos missile has been successfully ..

Month: Current Affairs - November, 2019

Category: Defence Current Affairs

Topics: Brahmos • Cruise missile • Indian Navy • INS Kochi • INS Kolkata • Missile Test

Indian Army successfully test-fires Spike LR missile

Indian Army has successfully test fired two Spike long- range Anti-Tank Missiles from an Infantry School at Mhow, Madhya Pradesh. Indian Army Chief Gen Bipin Rawat and several commanders witnessed the firing of the newly acquired missiles which are expected to further boost Army’s combat prowess. What is Spike LR missile? Spike anti-tank missiles is ..

Month: Current Affairs - November, 2019

Category: Defence Current Affairs

Topics: India-Israel • Indian Army • Madhya Pradesh • Mhow • Missile Test • Rafael Advanced Defense Systems • Spike LR missile