Baking Current Affairs, GK & News
Legal Entity Identifier mandatory for all large corporate borrowers: RBI
The Reserve Bank of India (RBI) has made 20-digit Legal Entity Identifier (LEI) compulsory for companies having aggregate fund-based and non-fund based exposure over Rs 5 crore. The move is aimed at improving risk management in wake of huge stressed assets in banking system. Before this, RBI had made LEI mandatory for transactions in interest ..
Month: Current Affairs - November, 2017
Topics: Baking • Corporate Financing • Legal Entity Identifier • National • RBI
Akodara becomes India’s first Digital Village
Akodara village in Sabarkantha district of Gujarat has earned the coveted tag of becoming India’s first digital village. The village with a total population of 1,191 people and 250 households uses a various cashless system for payments of goods and services. All transactions in the village are carried out through digital modes like SMS, net-banking ..
Month: Current Affairs - November, 2016
Topics: Akodara • Baking • Cashless Economy • Digital Village • Gujarat • ICICI Bank • Places in News