November 2012
The 'NH-4 Bank' plans to become pan-India player
Which Bank in India is often referred to as the ‘NH-4’ Bank ? The Ratnakar Bank is often referred to as the ‘ NH4 Bank’ in the banking circles, . Reason: As majority of the business of Ratnakar Bank comes ..
Month: Current Affairs - December, 2012
19 RRBs merged into 8; now 71 left
The government has merged 19 Regional Rural Banks (RRBs) into 8 entities. All this happened in spite of reservations by RBI. The Govt plans to merge more RRBs this financial year. RBI was not happy with this decision as the ..
Month: Current Affairs - December, 2012
PPP in railways allowed
The government has allowed a private investment policy in the railways. The performance of Railways in PPP (Public-Private Partnership) projects has been dismal. Now, the Govt will try 5 different models for inviting private sector participation for last-mile connectivity projects ..
Month: Current Affairs - November, 2012
Category: India Nation & States Current Affairs
Tata Sons to offload a part of its 60 per cent stake in direct-to-home Tata Sky Ltd
Tata Sons, a holding company of the Tata Group has 60% stake in the DTH (Direct-To-Home) Tata Sky Ltd. DTH (Direct-To-Home) Tata Sky Ltd is loss-making company and thus, Tata Sons plans to sell a part of its share to ..
Month: Current Affairs - November, 2012
China’s new passport map falsely includes AP, Aksai Chin as part of China
Another game by China: The watermark on fresh launched e-passports by China falsely depict Arunachal Pradesh and Aksai Chin in J&K as parts of China. Reaction from India: India has registered a strong protest with China India has also started ..
Month: Current Affairs - November, 2012
Category: International / World Current Affairs
Anti-Piracy Scheme in Audio-Visual Sector gets approval by Central Govt
Under the 12th five year plan, the Union government has approved a scheme by Information & Broadcasting Ministry for carrying out an anti-piracy initiative in the audio-visual sector. The key activities planned include: Campaign on piracy through audio-visual, internet and ..
Month: Current Affairs - November, 2012
Category: Government Schemes Current Affairs