Page-10 of Topic: Banking Current Affairs
SBI signs MoU with Realme under e-DFS
State Bank of India (SBI) recently partnered with the mobile phone manufacturer Realme, to offer credit facilities. The partnership is made under the bank’s electronic lending product- Electronic Dealer...
Domain wise Highlights from India Skills Report 2019
The India Skills Report 2019 was prepared by conducting a survey from more than 3,10,000 students across 29 states, 7 Union territories and from above 100 employers. This...
Restructuring and loan drive for MSMEs
The state owned public sector banks are to hold a month long drive to provide relief to the small businesses (MSMEs) through loans and restructuring options. The outreach...Axis Bank launchs a short-term online fixed deposit product “Express FD”
Axis Bank has launched a short-term online fixed deposit product ‘Express FD’ that allows a customer to open a FD account in 3 minutes through the digital mode...History of Banking in India
What are the ancient proofs of presence of banking system? Traces of information regarding existing of banking and financial system are found in India right from Vedic era...Airtel Payments Bank launches ‘Bharosa savings account’
The Airtel Payments Bank has launched the Bharosa Savings Account to deepen the financial inclusion in the country. It has been designed to serve the unique needs of...
RBI increases banks’ loan exposure limit to single NBFC
The Reserve Bank of India (RBI) has increased loan exposure limit of banks to a single NBFC. This is expected to help increase credit supply to the crisis-ridden...
What could be implications of RBI’s mandate to link lending rates to an external benchmark?
The Reserve Bank of India, in a recent announcement, has mandated the banks to link their lending rates for loans to an external benchmark. This has made it...TN Manoharan heads Committee on Secondary Markets
The 6-member RBI task force, headed by Canara Bank Chairman TN Manoharan, has recommended the setting up a Self-Regulatory Body (SRB) of market participants to finalize details for...Merger of the 10 Public Sector Banks
In a slew of measures announced by the Finance Minister of India, Nirmala Sitharaman on 30th August, 2019, to take the country out of economic doldrums, one particular...RBI’s Surplus Transfer
The Reserve Bank of India has transferred a surplus of Rs. 1.76 lakh crores to the Indian Government. This payment, which is equal to 1.25% of the Indian...
