Stock exchanges Current Affairs, GK & News
BSE and IIT Alumni sign pact: To encourage startups listing
On July 13, 2020, the Bombay Stock Exchange (BSE) and IIT Alumni Council signed a pact to encourage listing of startups. The pact will help to develop high investor depth platform for startup companies. The platform is to be developed using Artificial Intelligence and other technologies. Highlights The newly formed pact will provide end-to-end ecosystem ..
Month: Current Affairs - July, 2020
Category: Economy & Banking Current Affairs
Topics: BSE • IIT • liquidity • Startups • Stock exchanges
20-member “Usha Thorat Committee” formed
On July 10, 2020, 20-member advisory committee under the leadership of former deputy governor of Reserve of Bank of India, Usha Thorat was formed. Highlights The Securities and Exchange Board of India revamped its committee that advises capital market regulator on matters of development of mutual fund. The committee will advise the regulator on measures ..
Month: Current Affairs - July, 2020
Category: India Nation & States Current Affairs
Topics: Committees • Reserve Bank of India • SEBI • Securities and Exchange Board of India (SEBI) • Stock exchanges
Wipro bags $300 mn contract from ICICI Bank to provide digital technology led services
The digital transformation and IT services major, Wipro Limited has bagged a strategic contract valued at $300 million from the ICICI Bank to provide digital technology led services. Under the contract, Wipro will offer a comprehensive suite of services to ICICI Bank for the next 7 years. Earlier, Mumbai-based IT services firm Vara lnfotech was ..
Topics: BSE SENSEX • CNX Nifty • Companies • Economy of India • ICICI Bank • Stock exchanges
New Norms Proposed for Municipal Bonds
The market regulator Securities and Exchange Board of India (SEBI) has proposed a new set of norms for listing and trading of municipal bonds on stock exchanges and to channel household investments into urban infrastructure development. Norms Proposed A municipal bond popularly known as a Muni Bond is a bond issued by a local government ..
Category: Government Schemes Current Affairs
Topics: Debt Securities • Muni Bond • Municipal Bonds • Pooled Finance Development Fund scheme • SEBI • Securities and Exchange Board of India • Smart city • Stock exchanges • Urban development
HDFC Bank recognized as India’s No. 1 Bank: Forbes Magazine
As per Forbes World’s Best Bank survey, HDFC Bank has been recognized as number 1 bank by customers in India. HDFC Bank emerged as India’s No 1 bank. ICICI Bank was at number 2 and SBI was ranked 11th in the list. Customers were asked to rate banks on overall recommendation and satisfaction, as well ..
Topics: Axis Bank • BSE SENSEX • CNX Nifty • Companies • Economy of India • HDFC • HDFC Bank • ICICI Bank • State Bank of India • Stock exchanges