Financial market Current Affairs, GK & News
T N Manoharan RBI committee for secondary market in corporate loans
The Reserve Bank of India (RBI) has constituted a six-member task force, headed by Canara Bank chairman T.N. Manoharan, on the development of secondary market for corporate loans. The terms of reference of the task force would include review of the existing state of the market for loan sale or transfer in India as well ..
Topics: Bank • Banking • Canara Bank • Companies based in Bangalore • Economy • Finance • Financial market • Money • Public Sector Banks in India • Reserve Bank of India
Kerala becomes first Indian state to list Masala Bond in overseas market
On May 17, Kerala became the first sub-sovereign entity in the country to access the international market by listing masala bonds issued through its off-budget mechanism – the Kerala Infrastructure Investment Fund Board (KIIFB). Chief Minister Pinarayi Vijayan has become the debutant head of state in the country to open trading at the London Stock ..
Topics: Bond • Economy • Finance • Financial market • Kerala • Kerala Infrastructure Investment Fund Board • London • London Stock Exchange • Masala bonds
Pakistan approves issuance of ‘Panda bond’
The Pakistan Cabinet has recently approved the issuance of first-ever Chinese renminbi-denominated bonds to raise loans from China’s capital markets. The Panda bonds will be denominated in Chinese yuan. It is expected that the possible transaction size of bonds will be equivalent to $500 million in two different tranches. They will help the government diversify ..
Topics: Bond • Economy • Finance • Finance in China • Financial market • Money • One Belt, One Road • Panda bonds • Renminbi • Structured finance • Tranche • Yuan
RBI to make LEI compulsory for companies with over Rs 5 crore exposure
The Reserve Bank of India (RBI) will soon make Legal Entity Identifier (LEI) compulsory for companies having aggregate fund-based and non-fund based exposure over Rs 5 crore. Before this, RBI made LEI mandatory for transactions in interest rate, forex and credit derivative market. LEI is a unique 20 digit alphanumeric code that will be assigned ..
Topics: Bank • Companies • Economy • Financial market • Financial services • Legal Entity Identifier • Reserve Bank of India
GK for Bank PO & Bank Clerical Recruitment Tests
1. Which among the following organization has been conducting surveys of the strength of financial markets of various countries and ranks them accordingly in its flagship annual “Financial Development Report”? [A]G-20 [B]UNCTAD [C]World Economic Forum [D]World Bank World Economic Forum Show Answer 2. Which among the following sector has been the most affected sector in ..
Category: GK Today's Quiz Archive
Topics: Banking • Banks • Central bank • Economy • Finance • Financial market • Indian rupee • Monetary Policy • Money • Repurchase agreement • Reserve Bank of India • risk