Page-3 of IBPS Current Affairs, GK & News

RBI asks ARCs to have a minimum net corpus of Rs100 crore by 2019

The Reserve Bank of India (RBI) has asked all the existing asset reconstruction companies (ARCs) to have a minimum net owned fund (NOF) of Rs100 crore by March 2019. This decision has been taken by RBI in accordance with its last bi-monthly monetary policy in which it had proposed to stipulate a minimum NOF of ..

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Bhubaneswar: First Indian city to win Pierre L’enfant Awards-2017

Bhubaneswar has become the first Indian city to win Pierre L’enfant International Planning excellence award-2017 instituted by the American Planning Association (APA). Bhubaneswar has been chosen for its good and advanced town planning and engaging its residents in the planning process. The APA Awards jury has selected Five Excellence Award recipients in total who will ..

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Five State Banks, Bharatiya Mahila Bank merge with SBI

Five associates and the Bharatiya Mahila Bank have officially merged with country’s largest lender State Bank of India (SBI). With this merger, SBI joins the league of top 50 banks globally in terms of assets. The five associate banks are: State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State ..

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Security forces cannot use excessive force in AFSPA areas: Supreme Court

The Supreme Court of India has ruled that army and paramilitary forces cannot use excessive and retaliatory force during counter-insurgency operations in disturbed areas declared disturbed under the Armed Forces (Special Powers) Act (AFSPA), 1958. The verdict was given by SC bench of Justice Madan B. Lokur and Justice Uday Umesh Lalit on the plea ..

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G Kalyanakrishnan took over as Chief Executive of Nuclear Fuel Complex

Distinguished scientist G Kalyanakrishnan has taken charge as Chief Executive of Hydereabad based Nuclear Fuel Complex (NFC). He took over the charge in place of Dr N Saibaba, who had retired on completion of two years of extended period of service. In this capacity, Kalyanakrishnan will also be the Chairman of the NFC Board.  Prior ..

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