Current Affairs

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Page-94 of IBPS

RBI confident of financing CAD without drawing much from reserves

RBI Governor Raghuram Rajan evinced confidence that the country would be able to finance the Current Account Deficit...

📅 September 23, 2013

RBI slashes MSF rate to 9.50%

The Reserve Bank of India slashed the Marginal Standing Facility rate (MSF) by 75 basis points from 10....

📅 September 23, 2013

RBI relaxes for opening new bank branches in Tier I cities

Now banks will have freedom to open branches in tier-I cities (those with population over 1 lakh) without...

📅 September 22, 2013

Bharatiya Mahila Bank to recruit POs

India’s first all-women bank, Bharatiya Mahila Bank, which expected to be operational from November 2013, has invited online...

📅 September 22, 2013

Draft norms on new Company Law make companies to disclose management’s pay

As per norms stipulated in the second set draft rules for the new company law, listed firms have...

📅 September 22, 2013

US puts Prudential Financial into ‘too big to fail’ list

The US Financial Stability Oversight Council’s (FSOC) designated insurance company Prudential Financial to its list of “too big...

📅 September 22, 2013

RBI hikes repo rate by 25 basis points to 7.5%

In a surprising move, the Reserve Bank of India Governor Raghuram Rajan, in his maiden mid-quarter monetary policy...

📅 September 22, 2013

China launches its first direct bank

China launched its first direct bank, a new mode of providing online banking services without any entity outlets. ...

📅 September 22, 2013

RBI tightens norms for companies lending against gold

As per the notification by the RBI, the central bank has tightened rules for finance companies which lend...

📅 September 21, 2013

RBI invites bids to implement global Legal Entity Identifier system

In order to have a better control on financial transactions, such as equity and currency derivatives, the Reserve...

📅 September 16, 2013

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