Page-12 of State Bank of India
SBI Subsidiary Banks Bill passed by the Parliament
Parliament passed a Bill that attempt to shift powers to the Central Government from the RBI w.r.t. to State Bank of Hyderabad (a SBI subsidiary) The Lok Sabha accepted the amendment made by the Rajya Sabha and passed the Bill Albeit ..
Month: Current Affairs - November, 2011
Differentiated Bank Licences and Issues with New Licenses in India
The Indian financial system currently consists of commercial banks, co-operative banks, financial institutions and non-banking financial companies (NBFCs). The commercial banks can be divided into categories depending on the ownership pattern, viz. public sector banks, private sector banks, foreign banks. ..
Month: Current Affairs - November, 2011
History of Reserve Bank of India
Prior to RBI, all the functions of a central bank were being done by Imperial Bank of India. Imperial Bank of India was established in 1921 via the Imperial Bank of India Act, 1920 which amalgamated three Presidency Banks into ..
Current Affairs : January 12, 2010
Memorable Points: Central Institute of Post Harvest Engineering and Technology is in Ludhiana Salman Khurshid, Minster of State for Corporate Affairs and Minority Affairs (Independent Charge) in the Government of India is Grandson of Lt Dr Zakir Husain , Third ..
Month: Current Affairs - January, 2010
Orissa government signs MOU with SBI for Electronic benefit transfer for NREGA
September 23, 2009: With an aim to achieve financial inclusion and provide door step banking to the rural people, the Orissa government today signed a memorandum of understanding (MoU) with the public sector State Bank of India (SBI) for implementing ..
Month: Current Affairs - September, 2009
Category: Government Schemes Current Affairs
Current Affairs Current Affairs : Latest Appointments
July 22, 2009:Jaishankar is new Ambassador to ChinaJuly 22, 2009: Nalin Surie , High Commissionar to UKJuly 22, 2009: Madhav Ghimire is Nepal’s new chief secyJuly 23, 2009 : Indian-American appointed to key agriculture post in USJuly 22, 2009: Sunil ..
Month: Current Affairs - July, 2009