Bank Current Affairs

Here we provide Current Affairs articles on Bank & Indian Banking system. We collect and compose latest articles related to bank and finance system.

Tamilnad Mercantile Bank appoints S Krishnan appointed as MD & CEO

Tamilnad Mercantile Bank appoints S Krishnan appointed as MD & CEO

Tamilnad Mercantile Bank appoints S Krishnan appointed as MD & CEO: The Board of Directors of Tamilnad Mercantile Bank Ltd has approved the appointment of veteran banker, Krishnan Sankarasubramaniam (aka S Krishnan) as the Managing Director & CEO with effect from 4th September 2022 for a term of 3 years. September 2022 Current Affairs Quiz He has replaced present MD & CEO, K […]

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SBI Card launches cashback card

SBI Card launches cashback card

SBICard has launched ‘CASHBACK SBI Card’, a cashback focused credit card, to boost the online transactions. Consumers across country, including tier-2 and 3 cities, can apply for the card on the digital application platform ‘SBI Card SPRINT’. CASHBACK SBI Card customers will earn unlimited 1% cashback on all spends, cashback will increase to 5% on all online spends up to maximum of

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Muthoot FinCorp, IME India joins hands for money transfer service to Nepal

Muthoot FinCorp, IME India joins hands for money transfer service to Nepal

Muthoot FinCorp has partnered with IME India Pvt Ltd to expand its money remittance services between Indo-Nepal corridor. Muthoot has been assisting the Nepali community in India in remitting money through their existing partner (Prabhu Money Transfer Pvt Ltd). Now, Muthoot will be able to serve a larger mass of Nepalese diaspora living in India. IDFC First Bank, India and Global IME

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HSBC India collaborates with AFI to support future female athletes

HSBC India collaborates with AFI to support future female athletes

Athletics Federation of India (AFI) has joined hands with HSBC India to support women athletes of the country. Under the partnership, promising girl athletes will be selected from the National Inter District Championships for U-14 and U- 16 categories. Special coaching camps would be set up for the selected athletes and nurtured them to perform on the global platform. Attended by: Anju Bobby

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India Inc's foreign investment declines over 50% in July

India Inc’s foreign investment declines over 50% in July

As of 31st August 2022, as per the RBI data, the India Inc’s foreign direct investment has been declined over 50% to $1.11 billion in July 2022 The domestic firms had invested over $2.56 billion on Outward Foreign Direct Investment in July 2021 in the form of equity, loan and issuances of guarantees. The Indian businesses has invested $579.15 million by equity

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All-India house price index increased by 3.5% in Q1 of 2022-23

All-India house price index increased by 3.5% in Q1 of 2022-23

As per the data released by RBI, during the first quarter of 2022-23, the pricing index for homes in India has been grown by 3.5% year-on-year. The all-India house price index (HPI) is a quarterly release done by the central bank. This index is based on transaction-level data obtained from the housing registration authorities in 10 major cities in the country. The cities

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