Current Affairs

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Page-3 of Topic: Financial services

Housing Finance Companies to be treated as NBFCs

The Reserve Bank of India (RBI) has issued a notification stating that housing finance companies (HFCs) will be treated as one of the categories of Non-Banking Financial Companies...

August 22, 2019

RBI liberalises norms for the Gold Monetisation Scheme

The Reserve Bank of India (RBI) has liberalised the norms for Gold Monetisation Scheme and has directed all lenders to promote and publicise the Gold Monetisation Scheme (GMS)...

August 19, 2019

Ministry of Jal Shakti launches Swaccha Survakshan Grameen

In New Delhi, the Union Jal Shakti Minister Gajendra Singh Shekhawat launched the India’s largest sanitation survey – Swachh Survekshan Grameen-2019. The aim of this 45-day long survey...

August 14, 2019

NEFT to be available 24X7

The Reserve Bank of India has announced that the National Electronic Funds Transfer (NEFT) facility will be available round-the-clock basis from December 2019. At present NEFT payment system...

August 10, 2019

India Post Payments Bank to be converted into Small Finance Bank

Indian Posts has made a decision to convert India Post Payments Bank into Small Finance Bank. This will enable the Bank to offer small loans to customers. Payment...

August 1, 2019

Andhra Bank partners with Floatbot to launch AI chatbot “ABHi”

The Andhra Bank has partnered with Floatbot to offer an Artificial Intelligence-powered virtual assistant for online banking users. The AI chatbot named “ABHi” – made by Floatbot –...

July 20, 2019

Anshula Kant appointed as MD & CFO of World Bank (WB)

Anshula Kant, Managing Director of State Bank of India (SBI), has been appointed as MD and Chief Financial Officer (CFO) of the World Bank (WB). She will be...

July 13, 2019

V G Kannan head of RBI committee to review ATM charges

The Reserve Bank of India (RBI) has constituted a high-level committee under IBA Chief Executive V G Kannan to examine ATM charges and fees by banks amid demands...

June 13, 2019

RBI allows modern currency chests to hike service charges

The Reserve Bank of India (RBI) has allowed large modern currency chests to increase the service charges on cash deposited by non-chest bank branches from the existing rate...

May 25, 2019

Nandan Nilekani committee submits report on digital payments to RBI

A Reserve Bank of India (RBI) – appointed committee headed by Aadhaar architect Nandan Nilekani submitted its report on promoting digital payments to RBI Governor Shaktikanta Das on...

May 20, 2019

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