BBB Current Affairs, GK & News
Fitch retains India's sovereign rating at 'BBB-' with 'stable' outlook
Global credit rating agency Fitch has kept India’s sovereign rating unchanged at ‘BBB-‘ with stable outlook. This rating is at junk bond or lowest investment grade with stable outlook. A rating upgrade changes profile of country and makes it attractive to investors. In 2017, Moody’s had upgraded India’s rating (to Baa2 from Baa3) after gap ..
Month: Current Affairs - April, 2018
Topics: BBB • Business • Economy • Fitch • Sovereign Credit Rating • Stable Outlook
Align pay in PSBs to that in CPSEs: BBB
The Bank Board Bureau (BBB) has recommended that Government should bring in reforms in the compensation process in public sector banks (PSBs) on the lines of Central Public Sector Enterprises (CPSEs). BBB has suggested compensation reforms in PSBs so that best practices can be introduced ‘on the lines already prevalent in CPSEs. It will play ..
Month: Current Affairs - April, 2017
Topics: Bank Board Bureau • Banking • BBB • CPSEs • National • PSBs • Vinod Rai
Union Government to form Bank Board Bureau
Union Government has decided to set up a Bank Board Bureau (BBB) to monitor key performance indicators of two dozen public sector banks (PSBs). It was announced by Union Finance Minister Arun Jailtley as part of a seven-pronged revamp plan for PSBs dubbed as Indradhanush (rainbow) plan. Facts about Bank Board Bureau Bank Board Bureau ..
Month: Current Affairs - August, 2015
Topics: Banking • BBB • Current Affairs 2016 • PSBs