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The Reserve Bank of India (RBI) has imposed penalties ranging between Rs 25-50 lakhs on four state-run lenders for violating Know Your Customer (KYC) norms and anti-money laundering standards. Punjab National Bank, Allahabad Bank, and UCO Bank were fined Rs 50 lakh each while Corporation Bank ...

The Union Cabinet approved the Code on Wages Bill on 3 July, which subsumes existing laws regarding minimum wages and other workers’ remuneration issues as part of the government’s efforts to improve ease of doing business. Speaking to the media after the Cabinet meting, Information and ...

Odisha government today signed an MoU with the Table Tennis Federation of India (TTFI) and Odisha State Table Tennis Association(OSTTA) to host the 21st Commonwealth Table Tennis Championship 2019 at Cuttack. The championship will be held at Jawaharlal Nehru Stadium Cuttack from July 17 to 22 ...

Public sector Indian Overseas Bank on July 1 said it has elevated Karnam Sekar as the new Managing Director and Chief Executive Officer with immediate effect, replacing R Subramaniakumar. Prior taking up the new role, Sekas was appointed as an officer on Special Duty and Whole Time Director in ...

State Bank of India (SBI) and National Investment and Infrastructure Fund (NIIF) inked a memorandum of understanding (MoU) to boost the availability of capital for infrastructure projects. The scope of the MoU includes equity investments, project funding, bond financing, renewable energy ...

The whaling ships have a permit to catch 227 minke, Bryde's and sei whales this year in Japanese waters. Japan's last commercial hunt was in 1986, but it has continued whaling for what it says are research purposes. It has now withdrawn from the International Whaling Commission (IWC) so is ...

Daily Current Affairs Quiz 2020 | Current Affairs Multiple Choice Questions and Answers Daily Current Affairs quiz 2020 questions and answers with explanation for interview, competitive examinations and entrance test. Fully solved MCQs with detailed answer description, explanations are given ...