Bank Current Affairs

Yubi partners SBI to provide credit access to priority sector : Yubi (earlier, CredAvenue) has joined hands with the State Bank of India (SBI) to provide growth in co-lending portfolio of bank. Yubi Co.Lend is a co-lending marketplace, that facilitate lenders to collaborate with multiple partners and disburse joint loans to the priority sector. September 2022 Current Affairs Quiz Yubi is a unified credit platform […]

Samsung India, Axis Bank launch co-branded Credit Card : Samsung has partnered with the Axis Bank to launch a co-branded credit card, that is powered by Visa.September 2022 Current Affairs Quiz Benefits: Consumers will get 10% cashback across all Samsung products and services round the year. Variants: Visa Signature and Visa Infinite Signature variant: Cardholders can avail up to ₹10,000 cashback annually, with a

Bank of Baroda launched Khushiyon ka Tyohaar, as festive campaign : Bank of Baroda has launched a festive campaign named “Khushiyon ka Tyohaar” with a range of offers for customers. BoB Home Loans are available at a competitive interest rate beginning at 7.95% p.a. with no processing charges. September 2022 Current Affairs Quiz BoB Car Loans are being offered at a special

ADB provides $14 billion support for food security in Asia Pacific: The Asian Development Bank (ADB) has announced plans to provide at least $14 billion to Asia-Pacific for 2022–2025. September 2022 Current Affairs Quiz Reason: To ease a worsening food crisis and improve long-term food security by strengthening food systems due to climate change. Use of fund: The funding will be channeled

Leh achieves 100 percent digitization of banking operations: RBI has felicitated the bankers of the district to Leh district for achieving 100% digitization of banking operations. September 2022 Current Affairs Quiz Digital Banking: It refers to the electronic banking service provided by a bank for its financial and other transactions through electronic devices online. In 2019, RBI has proposed to make at least one district

TerraPay partnered with NPCI to enable cross-border transactions via UP: Netherlands-based TerraPay has partnered NPCI International Payments Limited to enable seamless merchant payments via UPI-enabled QR codes. September 2022 Current Affairs Quiz Customers and merchants in India with an active Unified Payments Interface Id (UPI Id) will now be able to initiate and accept cross-border payments seamlessly

Banking System Liquidity turns to deficit mode: Banking system liquidity has turned into a deficit mode for the first time since May 2019. September 2022 Current Affairs Quiz Key facts On September 20 this year, the banking system liquidity situation has turned into deficit mode of Rs.21,873.4 crore. On the same day last year, the

Japan’s MUFG Bank injects ₹3,000 crore in India biz: MUFG Bank (Japan) has boosted the capital of its branches within India by ₹3,000 crore ($380m). Reason: As the bank looks to expand its India business September 2022 Current Affairs Quiz Impact: It will strengthen its financial base in India and better respond to the diverse financing needs of its clients With