Here we provide Current Affairs articles on Bank & Indian Banking system. We collect and compose latest articles related to bank and finance system.
Here we provide Current Affairs articles on Bank & Indian Banking system. We collect and compose latest articles related to bank and finance system.
Silicon Valley Bank Collapse: The Biggest Bank Failure Since 2008-- Startup-focused lender Silicon Valley Bank Financial Group became the largest bank to fail since the 2008 financial crisis, in a sudden collapse that roiled global markets, left billions of dollars belonging to companies and ...
READ MORE +US shuts down Silicon Valley banks in biggest collapse since 2008 : California-based Silicon Valley Bank (SVB), the 16th largest bank in the United States, was closed on 9 March by the California Department of Financial Protection and Innovation.An overview of the newsIt is the biggest banking ...
READ MORE +RBI imposes restrictions on Musiri Urban Co-operative Bank : RBI has imposed a Rs 5,000 cap on withdrawals by individual customers from Tamil Nadu-based Musiri Urban Co-operative Bank. March 2023 Current Affairs QuizReason: It is a part of several restrictions imposed on the lender due to ...
READ MORE +Karnataka Bank appoints Abhishek Sankar Bagchi as new CFO : Karnataka Bank appointed Abhishek Sankar Bagchi as the bank's Chief Financial Officer (CFO ) with effect from 2 March 2023. February 2023 Current Affairs Quiz The appointment comes after Muralidhar Krishna Rao, the bank’s CFO, ...
READ MORE +IRCTC, HDFC Bank launch co-branded travel credit card: Indian Railway-backed catering services provider, IRCTC tied up with the largest private sector lender HDFC Bank on Wednesday to launch one of India’s most rewarding co-branded travel credit cards. The co-branded card will be called "IRCTC ...
READ MORE +RBI’s new pilot project on coin vending machines: During the most recent Monetary Policy Committee (MPC) address, RBI Governor Shaktikanta Das stated that the apex banking regulator, in collaboration with banks, would launch a pilot project to evaluate the operation of a QR-code based coin vending ...
READ MORE +Bank credit growth slowed to 16.8% in third quarter: RBI- Bank credit growth slowed down to 16.8% in the October-December 2022 period from a year earlier, RBI data showed. According to the Reserve Bank of India's quarterly statistics on bank deposits and credit, this compares to 17.2% in the ...
READ MORE +Kotak Mahindra Bank launches corporate customer platform fyn: Private lender Kotak Mahindra Bank on Tuesday launched Kotak fyn, a unified portal for corporate customers to track their payments, collections, trade and other services related to their bank accounts. The bank is also planning to ...
READ MORE +HDFC Bank, Lulu Exchange sign to enhance cross-border payments : HDFC Bank has signed an MoU with the UAE-based Lulu Exchange to strengthen the cross-border payments between India and the Gulf Cooperation Council (GCC) region. In the beginning, the expertise and regulatory framework of Lulu ...
READ MORE +Ajay Banga nominated to lead World Bank: From Washington, US President Joe Biden has nominated former Mastercard CEO Ajay Banga to manage the World Bank, after current CEO David Malpass declared his intention to retire early. Banga’s nomination comes amid a push for development lenders ...
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