Page-2 of IBPS Current Affairs, GK & News

Taranjeet Singh becomes New Country Director of Twitter

May 10, 2017

Twitter has elevated Taranjeet Singh as its Country Director for India. Prior to this appointment, Singh was responsible for sales and marketing support for Twitter’s advertisers in India. Before joining twitter, Taranjeet Singh held various positions at BBC Advertising and Outlook Publishing etc. India is among the lucrative social media markets in the world. It is already among the world’s fastest growing markets for companies like Facebook, ..

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Heads of 7 PSU Banks Appointed

May 6, 2017

In a major restructuring in the banking sector, Appointments Committee of the Cabinet (ACC), headed by Prime Minister Narendra Modi appointed heads of seven public sector banks besides shifting managing directors of PNB and Bank of India. PNB Managing Director (MD) Usha Ananthasubramanian has been appointed as the head of Kolkata-based Allahabad Bank. Melwyn Rego ..

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RBI tightens Rules for JLFs

May 6, 2017

The Reserve Bank of India (RBI) has tightened the rules around making the Joint Lenders’ Forum (JLF) more effective, directing banks not to break any rules and to meet all deadlines. The RBI has said that any breach of rules would attract a monetary penalty. JLFs are meetings held to revitalise stressed assets. In JLF ..

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Union Cabinet clears Ordinance to tackle Bad Loans

May 4, 2017

The Union Cabinet has cleared an ordinance that seeks to amend the Banking Regulation Act to give more powers to Reserve Bank of India to deal with non-performing assets (NPAs) in the banking sector. The ordinance has been sent to the President for assent. Amendments will empower RBI to act against loan defaulters and defaulting ..

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Andhra Pradesh CM Chandrababu Naidu selected for USIBC Award

May 2, 2017

The US-India Business Council (USIBC) has selected Andhra Pradesh Chief Minister, Chandrababu Naidu for the ‘Transformative Chief Minister Award’ for his role in advancing the US-India partnership at the state level. The award will be presented to him at the USIBC West Coast Summit in the Silicon Valley on May 8th. The USIBC West Coast ..

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