Primary dealers: Current Affairs, GK & News - 2020-2021
Published: April 29, 2019
Canara Bank in collaboration with its life insurance partner Canara HSBC OBC Life has launched ‘Webassurance’. This will allow its customers to purchase life insurance in a hassle-free way. Customers can avail 4 life insurance products of Canara HSBC OBC Life with various facilities like covering the key needs of child future, savings and investments, ..
RBI imposes penalty on 5 foreign banks for violating FEMA rules
Published: December 22, 2016
The Reserve Bank of India (RBI) has slapped a fine on five foreign banks, namely, Deutsche Bank, Standard Chartered Bank, Bank of America, Bank of Tokyo Mitsubishi and The Royal Bank of Scotland for violating reporting requirements of the Foreign Exchange Management Act, 1999 (FEMA). Germany’s Deutsche Bank has been imposed a fine of Rs ..
Topics: Bank of America • Banks • British brands • Companies • Deutsche Bank • Finance • Foreign Exchange Management Act • Foreign trade of India • Primary dealers • Reserve Bank of India • Standard Chartered • The Bank of Tokyo
Regulators in Europe, US and Asia investigating financial institutions
Published: June 28, 2012
Regulators in the United States, Europe and Asia are scanning a number of key financial institutions for manipulating Inter-Bank Lending rates. In this context, Barclays Bank was fined $ 452 million which is the first company to admit such fault. Regulators in the US, Europe and Asia are looking into other major names including City ..
Month: Current Affairs - June, 2012