Page-2 of Personal finance Current Affairs, GK & News

Sarada Kumar Hota appointed as Managing Director of National Housing Bank

Sarada Kumar Hota has been appointed as the new Managing Director of National Housing Bank (NHB) for a period of three years. Prior to this appointment, Hota was Managing Director and Chief Executive Officer of Can Fin Homes. NHB, which is now 100% owned by the government, is the nodal agency for supervision, refinance and ..

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Singapore, Hong Kong and Paris jointly named as the Most expensive cities

According to the Economist Intelligence Unit’s Annual Worldwide Cost of Living survey, the title of most expensive city is shared by Paris, Hong Kong, and Singapore. This is the first time in the survey’s 30-year history that three cities are in the top spot. The report has looked at 133 cities and the cost of ..

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Chhattisgarh launches an online portal ‘Aabhaar Aapki Sewa Ka’ for pensioners

The Chhattisgarh government has launched an online portal and mobile app ‘Aabhaar-Aapki seva ka (Gratitude-For Your Service)’ to provide transparency in the pension facility. Through this app and the website, 80,000 pensioners of the state will now get all the information related to pension and payment online. The pensioners will get the benefit of senior ..

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“Risk Index” to facilitate banks in extending loans soon: CIBIL

Credit Information Bureau (India) Ltd (CIBIL) is likely to bring in a “Risk Index” that will assist country’s banks in making faster decisions on extending loans to corporates and business houses. Banks would be able to gauge the potential of a company in servicing its loan by looking at its position in the index. The ..

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Orissa: First Indian state to begin e-payment facility for government employees

Orissa is the first Indian state to commence e-payment facility for government employees from August 1, 2012. Govt employees will get their salaries and pensions through the online Portal of the RBI. Salaries and pensions will be directly transferred to their bank account. The initiative of e-payment facilities taken by Reserve Bank of India.

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