Bank Current Affairs 2019 | Page 2 of 57 | Gkseries.com

South Indian Bank Unveils Startup Current Accounts for Entrepreneurs

South Indian Bank (SIB) has made a significant move to support the burgeoning startup ecosystem in India. The bank has rolled out two specialized current account products for startups: the SIB Business Startup Current Account and the SIB Corporate Startup Current Account. These accounts offer a range of benefits that aim to simplify banking for […]

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SBI Foundation Launches 3rd Edition of Asha Scholarship Program

The State Bank of India (SBI) Foundation has unveiled the third edition of its flagship initiative, the SBI Asha Scholarship Programme. This ambitious program aims to support 10,000 talented students from underprivileged backgrounds across India, offering substantial financial assistance to help them pursue their educational dreams. Program Overview Scope and Objectives The SBI Asha Scholarship

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Bank Of Baroda Launches Bob Earth Green Term Deposit Scheme

Bank of Baroda, one of India’s leading public sector banks, has announced the launch of the bob Earth Green Term Deposit Scheme. The scheme aims to raise deposits that will be used to finance eligible environment-friendly projects and sectors, fostering India’s transition to a green and sustainable economy. Interest Rates Tenors & Interest Rates Time Period

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BOB to raise 10,000 Crore rupees to fund affordable housing, infra

On October 11, the Bank of Baroda’s board approved a plan to raise up to Rs 10,000 crore through long-term bonds. These funds will be used to support infrastructure development and affordable housing. Expedient Fundraising RBI Concerns and HSBC Downgrade Strong Business Growth Retail Loans Driving Growth Robust Deposit Growth CASA Deposits Domestic Current Account Savings Account (CASA) deposits grew

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Yes Bank and BriskPe partner to enable seamless cross-border payments

Yes Bank and BriskPe partner to enable seamless cross-border payments: Cross-border payments’ fintech company BriskPe and Yes Bank have partnered to introduce BriskPe A2A, a suite of solutions designed to empower exporters and importers. Daily Current Affairs Quiz: September 2023 This strategic partnership enables BriskPe’s customers to collect payments in over 36 foreign currencies, spanning

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RBI released direction for the settlement of loan account

RBI released direction for the settlement of loan account: The RBI has asked all banks, non-banking finance companies (NBFCs) and asset reconstruction companies (ARCs) to release all the original movable/immovable property documents and remove charges registered with any registry within a period of 30 days after full repayment/settlement of the loan account. Daily Current Affairs Quiz: September 2023 In case where the delay

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AU Small Finance Bank partners Star Health and Bajaj Allianz

AU Small Finance Bank partners Star Health and Bajaj Allianz: AU Small Finance Bank has entered into bancassurance tie-ups with Star Health and Allied Insurance Company and Bajaj Allianz Life Insurance Company. Star Health and Allied Insurance Company Limited (‘Star Health’) for Health Insurance solution to Bank’s customers. Bajaj Allianz Life Insurance Company (‘Bajaj Allianz’) for Life

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RBI, NPCI Introduce Credit Lines On UPI, Conversational Payments

RBI, NPCI Introduce Credit Lines On UPI, Conversational Payments: In a significant move aimed at enhancing India’s digital payment ecosystem, Shaktikanta Das, Governor of the Reserve Bank of India, announced a series of new UPI (Unified Payments Interface) capabilities developed by the National Payments Corporation of India (NPCI). These introduced features are set to revolutionize

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SBI Unveils Nation First Transit Card For Digital Fare Payments

SBI Unveils Nation First Transit Card For Digital Fare Payments: State Bank of India (SBI), the country’s largest lender, has taken a significant step in enhancing the commuting experience and promoting digital payment adoption with the launch of the ‘Nation First Transit Card.’ Daily Current Affairs Quiz: September 2023 This innovative card is designed to facilitate

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SBI Card adds new features to AURUM super premium credit card

SBI Card adds new features to AURUM super premium credit card: SBI Card, the country’s largest pure-play credit card issuer, has unveiled new features of its super-premium card ‘AURUM’, targeted at C-suite executives and high net-worth individuals. Daily Current Affairs Quiz: September 2023 Aim: To enhance benefits to its users, ranging from the introduction of new annual spending-based milestones

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