Page-9 of Financial services

Monster Salary Index Report

The Monster Salary Index report has highlighted the following findings: The gender pay gap is still high in India and women in the country earn 19 per cent less than men. Wage inequalities in favour of men are present in all ..

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PM Modi launches a National Common Mobility Card (NCMC) in Ahmedabad

On 4th March, Prime Minister Narendra Modi launched a National Common Mobility Card (NCMC) in Ahmedabad, Gujarat, which will function on the “One Nation One Card” model across the country. The NCMC is the India’s first indigenously developed payment platform ..

PNB ranked first among public sector banks in implementation of reforms agenda

The BCG-IBA report titled ‘EASE Reforms for Public Sector Banks’ has measured the performance of each Public Sector Bank (PSB) on 140 objective metrics across six themes, including customer responsiveness, credit off-take, and digitization. As per report, the Punjab National ..

RBI signs a $75 billion Bilateral Swap Arrangement (BSA) with Japan’s central Bank

The Reserve Bank of India (RBI) and Bank of Japan (BOJ) have signed a Bilateral Swap Arrangement (BSA) for $75 billion that will help in bringing greater stability in foreign exchange and capital markets in the country. The pact will ..

RBI appoints a 5-member committee headed by Nandan Nilekani to suggest ways to improve digital payments

The Reserve Bank of India (RBI) has appointed a 5-member committee headed by Nandan Nilekani to suggest ways to improve digital payments. The committee will review the existing status of digitisation of payments in the country, identify the current gaps ..

India and ADB sign $200 Million Loan to improve State Highways in Bihar

Union Government has signed $200 million loan agreement with Asian Development Bank (ADB) for Bihar State Highways III Project (BSHP-III). It will finance widening and upgrading of about 230 kms state highways in Bihar to all-weather standards with road safety ..

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