Union Bank of India
Union Bank Metaverse Virtual Lounge
Union Bank of India (UBI) recently launched its Metaverse Virtual Lounge, called ‘Uni-verse’, as well as “Open Banking Sandbox environment”. What is Uni-Verse? Uni-verse is a Metaverse Virtual Lounge. It will keep the information and videos related to bank’s product, in ..
Month: Current Affairs - July, 2022
Category: Economy & Banking Current Affairs • Science & Technology Current Affairs
Union Bank MSME RuPay Credit Card
On February 25, 2022, the Union Bank of India (UBI) launched “Union MSME RuPay Credit Card” in association with National Payments Corporation of India (NPCI). Key Facts The “Union MSME RuPay Credit Card” was launched to meet business related operational ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs
Anantha Nageswaran-New Chief Economic Advisor
The Government of India has appointed Anantha Nageswaran as the new Chief Economic Advisor. He is a former member of Prime Minister Economic Advisory Council. About Nageswaran Nageswaran has taught in B – schools in India and Singapore. He is ..
Month: Current Affairs - January, 2022
Category: Awards, Honours & Persons in News
RBI approves Mega Bank Consolidation Plan
The Reserve Bank of India is to implement a merger plan of 10 state-run banks into 4 larger banks from April 1, 2020. The Amalgamation of the banks had been notified by the GoI earlier of March 2020. Amalgamation Plan ..
Month: Current Affairs - March, 2020
Sunil Mehta appointed as the Chief Executive of IBA
As per the recent announcement from the Indian Bank’s Association (IBA) made on Monday, 27th January 2020, Former Managing Director and CEO of Punjab National Bank, Sunil Mehta has taken charge as the Chief Executive of Indian Banks’ Association. The ..
Month: Current Affairs - January, 2020
GeM signs MoU with Union Bank of India
Government e-Marketplace (GeM) signed Memorandum of Understanding (MoU) with Union Bank of India (UBI). Through this partnership, UBI will be able to offer array of services including transfer of funds through GeM Pool Accounts (GPA), advising of Performance Bank Guarantees ..
Month: Current Affairs - October, 2019
Public Sector Banks in India
Public Sector Banks in India refers to those banks in which the Government equity / shareholding is more than 50%. At present, there are 22 Public Sector Banks in India of which 21 are scheduled commercial banks while one viz. ..
Current Affairs: Top Headlines September 6, 2013
Iran to set free Indian tanker after 24 days of detention Iran ordered release of an Indian tanker detained by it for the past 24 days at its Bandar Abbas port after being seized in Persian Gulf while carrying crude ..
Month: Current Affairs - September, 2013
Category: Awards, Honours & Persons in News