Standard Chartered Bank Current Affairs, GK & News

IATA Pay Platform

On February 24, 2022, Global banking group Standard Chartered announced its partnership with International Air Transport Association (IATA) to launch a payment platform for airline industry in India. Key Facts In addition to existing payment options like credit cards, IATA Pay will be a new payment option that will enable participating airlines to offer instant payment options like UPI ..

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RBI to designated six bas as Systemically Important Banks (SIBs)

The Reserve Bank of India will designate at least six banks as Systemically Important Banks (SIBs), for the domestic financial market which will need to have higher capital than other banks to prevent the financial system from collapsing in the event of a crisis. The central bank would now work on identifying these banks which ..

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