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Aditya Puri committee recommendation: Give customers a free copy of credit profile
As per the Aditya Puri committee recommendations, customers should be given a free copy of their credit profile as it would help in promoting financial discipline among loan seekers. Excerpts of the recommendations made by Puri committee Headed by Aditya ..
Month: Current Affairs - March, 2014
RBI extends deadline to issue inflation-indexed bonds
The Reserve Bank of India (RBI) extended the time for issuance of Inflation Indexed National Savings Securities Cumulative (IINSS-C) bonds (or inflation linked bonds) by three months to March 31, 2014, from December 31, 2013. The issuance can be closed ..
Month: Current Affairs - January, 2014
Category: Reports & Indexes Current Affairs
RBI: Inflation linked bonds for sale from December 23, 2013
The Reserve Bank of India (RBI) will issue Inflation Indexed National Savings Securities Cumulative (IINSS-C) bonds (or inflation linked bonds) for retail investors by opening the subscription on December 23, 2013 and close it on December 31, 2013. Objective: The ..
Month: Current Affairs - December, 2013
RBI proposes new capital rules for D-SIBs (banks too-big-to-fail)
To safeguard the financial system from any possible crisis situation where large financial institutions faltered due to loss of confidence in the financial system, the Reserve Bank of India (RBI) released the draft report to introduce increased capital requirements by ..
Month: Current Affairs - December, 2013
Current Affairs: Top Headlines September 6, 2013
Iran to set free Indian tanker after 24 days of detention Iran ordered release of an Indian tanker detained by it for the past 24 days at its Bandar Abbas port after being seized in Persian Gulf while carrying crude ..
Month: Current Affairs - September, 2013
Category: Awards, Honours & Persons in News
‘Jet Privilege-HDFC Bank Credit’: Jet Airways collaborates with HDFC Bank launches credit cards
What is “Jet Privilege-HDFC Bank Credit” ? Jet Airways tied up with the HDFC bank to launch ‘Jet Privilege-HDFC Bank Credit’. This is a range of credit cards which will offer benefits and rewards in the form of JP Miles. ..