Page-3 of Companies Current Affairs, GK & News

First ever India International Cooperatives Trade Fair (IICTF) started in New Delhi

The first-ever India International Cooperatives Trade Fair (IICTF) has started at Pragati Maidan in New Delhi on 11th October 2019. The 3-day fair is a major platform to promote export of Indian cooperative produce which will lead to enhanced rural and farm prosperity. The event is also packed with exhibitions, B2B/C2C meetings, conferences, cultural programmes ..

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Reliance renamed as Nippon India Mutual Fund (NIMF)

The Reliance Mutual Fund has been renamed as Nippon India Mutual Fund (NIMF). The name change came after Nippon Life Insurance of Japan completed the acquisition of 75% stake in Reliance Nippon Life Asset Management from Reliance Capital. Nippon Life is Japan’s largest life insurance company and a global financial services conglomerate. It manages assets ..

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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 ..

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History of Banking in India

1. 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 to Buddhist, Mauryan, Satavahana, Sangam, Rajpoot, Sultanate as well as Mughal periods. The most ancient are the loan deeds of Vedic era called rnapatra or rnalekhya. 2. Which financial ..

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Infosys wins UN Global Climate Action Award in ‘Climate Neutral Now’ category

Infosys has won the prestigious United Nations Global Climate Action Award in the ‘Climate Neutral Now’ category. With this feat, Infosys has become the only corporate from India to earn the recognition for its efforts to combat climate change. The award will be presented to Infosys at the UN Climate Change Conference (COP25) in Santiago, ..

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