Universal bank Current Affairs, GK & News

RBI sets up Panel to Evaluate Bank Applications

The Reserve Bank of India (RBI) has set up a “standing external advisory committee (SEAC)” on March 23, 2021. This panel will evaluate the applications for the universal banks and small finance banks (SFBs). Standing External Advisory Committee This committee comprises of five members. The chairperson of the committee will be the former RBI deputy ..

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GDP forecasts by Standard Chartered Plc: Key Facts

Standard Chartered Plc, a multinational company has made long term forecasts about the shake-up of the world’s gross domestic product (GDP) rankings. The key elements of the forecast are: Seven of the world’s top 10 economies by 2030 most likely would be emerging markets of the present. China would become the largest economy by 2020, ..

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Types of Banks

There are several types of the banks worldwide. Some important types of the Banks world-wide are as follows: Central Banks Central Banks, also known as Reserve Banks or Monetary Authorities are generally the top banking institution of a country with responsibilities such as managing currency, foreign exchange, money supply, interest rates etc. of that country. ..

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