Current Affairs

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RuPay, India’s indigenous card payment network launched

Rupay, India’s own payment gateway was launched to compete with networks such as Visa and Mastercard. The indigenous network will work on ATMs and merchant outlets and help...

May 11, 2014

ICICI Bank launched ‘branch on wheels’ in Odisha

ICICI Bank Ltd. launched ‘Branch on Wheels’ in Odisha as part their financial inclusion plans to provide banking services in remote villages in the state which are devoid...

March 3, 2014

'M-Pesa' launched in Odisha

Telecom major, Vodafone India and ICICI Bank announced the launch of mobile commerce initiative called ‘M-Pesa’ service in Odisha. About M-Pesa service A mobile money transfer and payment...

March 3, 2014

Get rid of SLR, end loan waivers: RBI committee

A high-level panel of the Reserve Bank of India (RBI) has suggested that the central bank should gradually abolish the Statutory Liquidity Ratio (SLR), the portion of deposits...

January 11, 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...

January 1, 2014

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...

December 7, 2013

Chanda Kochhar ranked 4th in Fortune magazine's global list of top-50 women business leaders

ICICI Bank CEO and MD, Ms Chanda Kochhar has been ranked 4th in Fortune magazine’s global list of top-50 women business leaders. The list is topped by Brazilian energy giant Petrobras’...

October 21, 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...

September 6, 2013

Arundhati Bhattacharya is the new managing director of SBI

The Govt. has appointment Arundhati Bhattacharya has been appointed as the new managing director of the State Bank of India (SBI). Previously, Bhattacharya was the managing director of SBI...

August 6, 2013

Aircel offers ‘Mobile Money’

The Telecom operator Aircel has launched a new service called ‘Mobile Money’ in collaboration with ICICI Bank and Visa to enable its customers transfer money, pay bills and...

February 9, 2013

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