Here we provide Current Affairs articles on Bank & Indian Banking system. We collect and compose latest articles related to bank and finance system.
State Bank of India (SBI) recently launched a new loan offering ‘Kavach Personal Loan’ to provide relief to its customers who are facing financial challenges due to covid related treatment costs. Daily Current Affairs Quiz 2021 Kavach Personal Loan is a collateral-free offering by SBI, under which a maximum of Rs 5 lakh loan can […]
SBI launched ‘Kavach’ personal loans for Covid-stressed customers Read More »
The Reserve Bank of India (RBI) decided to re-appointment Chandra Shekhar Ghosh as the Managing Director and Chief Executive Officer (CEO) of Kolkata-based Bandhan Bank. Daily Current Affairs Quiz 2021 It only for a period of three years, as against a five-year tenure approved by the bank’s board. Chandra Shekhar Ghosh, born in 1960 at
Chandra Shekhar Ghosh reappointed as MD and CEO of Bandhan Bank Read More »
The Cabinet Committee on Economic Affairs (CCEA) has given its in-principle approval for strategic disinvestment along with the transfer of management control in IDBI Bank. Daily Current Affairs Quiz 2021 The extent of respective shareholding to be divested by GoI and LIC shall be decided at the time of structuring of transaction in consultation with
Strategic disinvestment, transfer of management control in IDBI Bank Read More »
The Centre has agreed in the Supreme Court to waive compound interest (interest on interest) charged on loans of up to Rs 2 crores for a six-month moratorium period announced due to the COVID-19 pandemic in a relief to individual borrowers and medium and small industries. Daily Current Affairs Quiz 2020 Key-Points The government will
Waive compound interest on loans up to Rs 2 cr for six-months Read More »
The National Bank for Agriculture and Rural Development (Nabard) has introduced a dedicated debt and credit guarantee product to ensure unhindered flow of credit in rural areas hit by the COVID-19 pandemic. Daily Current Affairs Quiz 2020 Key-Points It is a dedicated debt and credit guarantee product, to ensure unhindered flow of credit to the
Nabard launched credit guarantee programme for NBFC-MFIs Read More »
HDFC Bank has launched a 1st-of–its-kind product for the armed forces. Called ‘Shaurya KGC Card’, this product comes with never-seen-before features and eligibility criteria specially crafted for over 45 lakh Indian armed forces personnel. Daily Current Affairs Quiz 2020 Key-points A first-of-its-kind product for over 45 lakh Indian armed forces personnel, it is based on
HDFC Bank launched Shaurya KGC Card for Armed Forces Read More »
Sashidhar Jagdishan has named as the new chief executive officer of HDFC Bank Ltd., India’s largest private lender. The Reserve Bank of India has approved Jagdishan’s candidature from a list of three potential chief executives suggested by the board of the private lender, according to the private lender’s press release on the stock exchange. Daily
Sashidhar Jagdishan appointed as the HDFC Bank’s New CEO Read More »
SBI Card and Indian Railway Catering and Tourism Corporation Ltd (IRCTC) has launched the IRCTC SBI Card on RuPay platform. Designed to reward frequent railway travellers, the card offers travellers on Indian railways maximum savings proposition on their travel, together with superior benefits on retail, dining and entertainment, besides transaction fee waivers. Daily Current Affairs
SBI Card and IRCTC launch co-branded contactless credit card on RuPay platform Read More »
The Banks will not charge a part of the fees on Unified Payments Interface (UPI) and RuPay card transactions as long as the merchant discount rate (MDR) remains zero following the government announcement. NPCI to removes multiple charges like interchange fees, payments service provider (PSP) fee, and switching fees. Daily Current Affairs Quiz 2020 A
HDFC Bank has launched myApps application to boost digital payments in India. This is a unique customised suite of banking products to benefit urban local bodies, housing societies, local clubs and gymkhanas and religious institutions. In a first, HDFC bank is helping organisations to entirely digitise their ecosystem through myApps. Daily Current Affairs Quiz 2020
HDFC Bank launches myApps to boost digital payments Read More »
