BSE SENSEX Current Affairs, GK & News
Merger of HDFC Limited and HDFC Bank
HDFC’s board of directors has approved the merger of HDFC Bank, India’s largest private sector bank with HDFC (Housing Development Finance Corporation), India’s largest housing finance firm. Overview: The deal will be building the housing loan portfolio of the bank and will also be enhancing its existing customer base. Under the agreement that has been ..
Month: Current Affairs - April, 2022
Category: Economy & Banking Current Affairs - 2022
Topics: BSE SENSEX • HDFC Bank • Housing Development Finance Corporation
G-sec acquisition programme – G-SAP 1.0
The Reserve Bank of India recently announced a Government Security Acquisition Programme, GSAP 1.0. Under the programme, the central bank will purchase government bonds of worth Rs 1 trillion (or one lakh crores of rupees). The first purchase of Rs 25,000 crore is to be made on April 15, 2021. GSAP 1.0 The GSAP 1.0 ..
Month: Current Affairs - April, 2021
Category: Government Schemes Current Affairs
Topics: Bombay Stock Exchange (BSE) • BSE SENSEX • G-Sec Trading • government security • Reserve Bank of India • Sensex
Petroleum minister Dharmendra Pradhan visits oil field
The Sakhalin oil field in Russia is a prolific oil producing field like Bombay High. Exxon Mobil, Rosneft, Japanese SODECO and ONGC Videsh are the partners in this field which will continue to produce oil and gas till 2055. It is in news because the Union Minister of Petroleum and Natural Gas & Steel – ..
Topics: BSE SENSEX • CNX Nifty • Companies • Economies • ExxonMobil • Ministry of Petroleum and Natural Gas • Oil and Natural Gas Corporation • Oil well
Supreme Court upholds definition of Adjusted Gross Revenue
The Supreme Court (SC) has recently upheld the definition of Adjusted Gross Revenue (AGR) calculation as stipulated by the Department of Telecommunications (DoT). As per SC ruling, the telecom companies will now have to pay up approx Rs 92,642 crore to the government, more than half of which are owed by Airtel and Vodafone. The ..
Topics: Airtel Africa • Bharti Airtel • BSE SENSEX • CNX Nifty • Companies • Telecommunications • Vodafone
ICICI Bank launches new fixed deposit scheme ‘FD Health’
The ICICI Bank has launched a new Fixed Deposit (FD) scheme – FD Health that provides the customer a complimentary critical illness cover of Rs 1 lakh from ICICI Lombard General Insurance Company on opening an FD of Rs 2 lakh to Rs 3 lakh for tenure of at least two years. For investors in ..
Category: Government Schemes Current Affairs
Topics: Bank deposits • Banking in India • BSE SENSEX • CNX Nifty • Economy • FD • Finance • Financial markets • Fixed deposit • ICICI Bank • ICICI Lombard
SBI becomes first Indian bank to have office in Australia’s Victoria
The State Bank of India (SBI) has opened its Melbourne office & became the first Indian bank to have a branch in the Australian state of Victoria. The Melbourne office will assist the growing trade and investment relations between Victoria and India and is the outcome of the state’s 10-year India Strategy – our shared ..
Topics: Banks • BSE SENSEX • CNX Nifty • Companies • Economy of India • Melbourne • Public Sector Banks in India • SBI Cards • St.George Bank • State Bank of India • Victoria