Current Affairs

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SBI Launches SBI e Smart SME to offer Ecommerce Loan

India’s largest lender State Bank of India (SBI) has launched SBI e-Smart SME to provide a working capital loan for sellers on ecommerce platforms. It was launched by...

February 26, 2016

Yes Bank wins inaugural Green Bond Award in UK

India’s leading private lender Yes Bank has been awarded inaugural Green Bond Pioneer Award at a ceremony held in London, United Kingdom. Yes Bank was bestowed with this...

February 25, 2016

SBI opens Japan Desk in New Delhi

India’s largest lender State Bank of India (SBI) has launched ‘Japan Desk’, a single window for inbound Japanese investments in India and vice-versa. This is a first-of-its-kind initiative...

February 18, 2016

RBI rates unchanged in 6th bi-monthly monetary policy review

The Reserve Bank of India (RBI) in its sixth bi-monthly monetary policy review for year 2016 has maintained status quo in key policy interest rate. The key policy...

February 2, 2016

India's Dinesh Sharma elected to board of directors of AIIB

India’s Dinesh Sharma has been elected to the board of directors of the China-sponsored Asian Infrastructure Investment Bank (AIIB). He has been elected to the 12-member board through...

January 18, 2016

China’s President Xi Jinping formally opens AIIB in Beijing

Chinese President Xi Jinping has formally opened Asian Infrastructure Investment Bank (AIIB) in Beijing. Background The bank was formally established in Beijing on 25 December 2015. China’s former...

January 16, 2016

SBI Launches First Dedicated Branch For Startups – SBI InCube

India’s largest lender, State Bank of India (SBI) has launched dedicated specialized branch for start-ups called ‘SBI InCube’ in Bengaluru, Karnataka. It was announced by BI Chairman Arundhati...

January 15, 2016

RBI Governor Raghuram Rajan awarded 2016 Central Banker of the Year Award

Reserve Bank of India (RBI) Governor Raghuram Rajan has been conferred with the Central Banker of the Year Award (Global and Asia Pacific) for year 2016. The award...

January 8, 2016

India to grow at 7.8% in year 2016: World Bank Report

The Global Economic Prospect report published recently by the World Bank (WB) has projected a robust 7.8 per cent growth for the Indian economy in the year 2016....

January 8, 2016

ICICI Bank partners with FINO PayTech for payments bank space

India’s largest private sector lender ICICI Bank has partnered with FINO PayTech to foray into the payments bank space. With this partnership, ICICI Bank joins some of the...

January 8, 2016

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