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Page-104 of Topic: IBPS

RBI auctions Inflation Indexed Bonds

The government has announced the sale of 1.44% ‘Inflation-Indexed government stock 2023’ for a notified amount of Rs.1,000 crore through price-based auction on June 25, 2013. The results of the...

June 26, 2013

RBI extends deadline for banks to implement card security features

The RBI has provided the banks more time for introduction of additional security features for payment through debit and credit cards as banks and related entities had yet...

June 26, 2013

RBI relaxed ECB norms for low cost housing projects

The RBI has eased the External Commercial Borrowing (ECB) norms for affordable housing projects by withdrawing the minimum capital requirement, and lowering total experience to three years, while...

June 26, 2013

Mahindra Satyam amalgamates with Tech Mahindra

Software company Mahindra Satyam formally merged with its parent Tech Mahindra to create the country’s fifth largest software services firm.  After an approval from the Mumbai high court, the merger...

June 26, 2013

Fact Box: 'Diaspora Bonds'

India thinks over ‘Diaspora Bonds’ India is examining to introduce “Diaspora Bonds” to attract investment from NRIs (Non-Resident Indians), to facilitate greater inflow of funds in the infrastructure sector. The...

June 25, 2013

Fact Box: 'Ammu'

‘Ammu’: Mascot for 35th National Games The official mascot of the 35th National Games has been named ‘Ammu’ which is a hornbill. The games will be hosted by...

June 24, 2013

‘Start Searching India’ campaign launched by Google

With an objective to help simplify the Web for Indian users, showing how they can get instant answers to their most common queries, Google India has launched a...

June 24, 2013

EXIM Bank of India receives license to open representative office in Myanmar

Myanmar has provided the Export Import (EXIM) Bank of India with a licence to open a representative office in Yangon. Key Points: Exim Bank has extended seven Lines of Credit (LOC), amounting USD 247.43 million...

June 24, 2013

India vanquishes England to clinch ICC Champions Trophy

India defeated England in the final match played at Edgbaston in Birmingham city of Englnad to clinch the ICC Champions Trophy which was tournament’s last edition. India defeated Egland by 5 runs,...

June 24, 2013

S. Ramadorai is the Chairman of AirAsia India

Tony Fernandes, CEO of AirAsia, has announced S. Ramadorai, former TCS chairman, as the Chairman of AirAsia India. A few days back, Ratan Tata was announced as the...

June 19, 2013

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