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.

Canara Bank launches UPI Interoperable Digital Rupee mobile application

Canara Bank launches UPI Interoperable Digital Rupee mobile application

Canara Bank launches UPI Interoperable Digital Rupee mobile application: Canara Bank launched the UPI Interoperable Digital Rupee mobile application and become the first bank in both the public and commercial sectors to offer this feature via its CBDC mobile app called the Canara Digital Rupee.  Daily Current Affairs Quiz: August 2023 Aim: To empower merchants […]

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Canara Bank has introduced Canara Jeevan Dhara savings bank account

Canara Bank has introduced Canara Jeevan Dhara savings bank account

Canara Bank has introduced Canara Jeevan Dhara savings bank account: Canara Bank has introduced Jeevan Dhara, a special savings bank account for pensioners, and prospective pensioners. The primary benefit of this account for senior citizens is that it is a zero-balance savings account.  Daily Current Affairs Quiz: August 2023 With this savings account, senior citizens do

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ADB Approves USD 40.5 Million Loan to Enhance Childhood Development and Maternal Mental Health in Meghalaya

ADB Approves USD 40.5 Million Loan to Enhance Childhood Development and Maternal Mental Health in Meghalaya

ADB Approves USD 40.5 Million Loan to Enhance Childhood Development and Maternal Mental Health in Meghalaya: The Asian Development Bank (ADB) has approved a USD 40.5 million loan for the northeastern Indian state of Meghalaya, a significant step towards strengthening early childhood development and maternal mental health. This strategic initiative, supported by the Meghalaya government’s

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Reserve Bank of India (RBI) Introduces Reforms for Transparent Home Loan EMIs

Reserve Bank of India (RBI) Introduces Reforms for Transparent Home Loan EMIs

Reserve Bank of India (RBI) Introduces Reforms for Transparent Home Loan EMIs: In a significant move aimed at enhancing transparency and consumer protection in the home loan sector, the Reserve Bank of India (RBI) has introduced a comprehensive set of reforms pertaining to floating rate home loans. Daily Current Affairs Quiz: August 2023 These reforms are designed to

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Airtel Payments Bank Launched India’s 1st Eco-Friendly Debit Card

Airtel Payments Bank Launched India’s 1st Eco-Friendly Debit Card

Airtel Payments Bank Launched India’s 1st Eco-Friendly Debit Card: Airtel Payments Bank has become the first Indian bank to launch an eco-friendly debit card for its new and existing customers with a savings bank account in Aug 2023. Daily Current Affairs Quiz: August 2023 The debit cards will be made from certified eco-friendly r-PVC (recycled polyvinyl chloride) material, which is environmentally safe. Producing

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Reserve Bank of India keeps key interest rate unchanged for third time

Reserve Bank of India keeps key interest rate unchanged for third time

Reserve Bank of India keeps key interest rate unchanged for third time: According to the Reserve Bank of India (RBI) Monetary Policy, released in August 2023, the RBI’s Monetary Policy Committee (MPC) unanimously decided to keep the repo rate unchanged at 6.5 percent. Daily Current Affairs Quiz: August 2023 Other Highlights: The standing deposit facility (SDF) rate remains at 6.25%.

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