Page-5 of Financial services Current Affairs, GK & News
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 is to engage rural communities in improvement of the sanitation status of their districts and states through intensive campaign. The survey will take place in 18 thousand ..
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 operated by the Reserve Bank as a retail payment system is available for customers from 8 AM to 7 PM on all working days of the week ..
Topics: Banking • Banking in India • E-commerce in India • Economy • Electronic funds transfer • Financial services • National Electronic Funds Transfer • NEFT • Payment and settlement systems in India • Payment system • Real Time Gross Settlement • Reserve Bank of India • RTGS • Wire transfer
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 Banks Payments banks were introduced by the Reserve Bank of India (RBI) to meet the government’s financial inclusion target. A payment Bank will be set up as ..
Topics: 32758 • Bank • Banking • Economy • Finance • Financial inclusion • Financial services • India Post Payments Bank • Indian Posts • Microfinance • Online banking • Payments bank • Priority sector lending • Priority sector lending • RBI • Reserve Bank of India • Reserve Bank of India • Small finance bank
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 – is integrated with Core Banking Servers (CBS) of Andhra Bank and will automate customer support for 5 crore Andhra Bank account holders. This AI chatbot solution can ..
Category: Government Schemes Current Affairs
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 responsible for financial and risk management of the organisation. Her work will include oversight of financial reporting, risk management, and working closely with the World Bank CEO ..
Topics: Anshula Kant • Chief financial officer • Economy • Financial services • International Development Association • Multilateral development banks • Organizations • State Bank of India • United Nations Development Group • United Nations Economic and Social Council • World Bank • World Bank Group