Current Affairs

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Page-49 of Banking Current Affairs

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

Bank of Baroda ties up with UAE Exchange for instant money transfer

Leading Indian public sector bank Bank of Baroda (BoB) has partnered with UAE Exchange to offer Non-resident Indian (NRI) customers an instant cash transfer facility. In this regard...

April 26, 2015

ICICI Bank launches Tap-n-Pay, a near-field communications-enabled payment service

India’s largest private sector lender Industrial Credit and Investment Corporation of India (ICICI) Bank has launched a payment service Tap-n-Pay. It was launched by bank in collaboration with...

April 21, 2015

PM Narendra Modi launches MUDRA Bank to provide credit to small entrepreneurs

Prime Minister Narendra Modi on 8 April 2015 launched Micro Units Development Re-finance Agency (MUDRA) Bank in New Delhi. MUDRA Bank will act as a regulator for ‘Micro-Finance...

April 8, 2015

Dena Bank inks MoU with Life Insurance Corporation to provide insurance cover

State owned Dena Bank has signed Memorandum of Understanding (MoU) with Life Insurance Corporation (LIC) of India to provide insurance cover to its all Aadhaar-linked savings account holders...

April 7, 2015

Ruth Porat appointed as Chief Financial Officer of Google

Ruth Porat has been appointed as Chief Financial Officer (CFO) of world’s largest search engine giant Google. She will succeed Patrick Pichette who had announced his retirement on...

March 26, 2015

Union Government appoints 9 Executive Directors in Public Sector Banks

Union Government has appointed 9 Executive Directors (EDs) in Public Sector Banks (PSBs). Their appointment was approved by Appointments Committee of the Cabinet on recommendation of selection panel...

March 12, 2015

RBI cuts repo rate by 25 basis points to 7.5 per cent

The Reserve Bank of India (RBI) on 4 March 2015 has cut down repo rate by 25 basis points to 7.5 percent from 7.75 percent, with immediate effect....

March 4, 2015

Union Government and RBI sign agreement to keep inflation below 6%

Union Government and the Reserve Bank of India (RBI) have signed an agreement on Monetary Policy Framework in order to move towards the RBI Governor Raghuram Rajan’s view...

March 3, 2015

CCI gives nod to Kotak-ING Vysya Bank merger

The Competition Commission of India (CCI) has given its approval to proposed Rs 15,000-crore merger deal between Kotak Mahindra Bank and ING Vysya Bank. CCI in its approval...

February 21, 2015

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