Bank of India launches special deposit scheme: With the demand for deposits among banks intensifying, Bank of India on Tuesday announced a special fixed deposit scheme -- Star Super Triple Seven Fixed Deposit – wherein they are offering 7.25 per cent rate of interest (7.75 per cent for citizens) ...

RBI Revokes Authorisation Certificate of Chennai-Based GI Technology: Due to issues with the company's governance, the Reserve Bank has revoked the certificate of authorization of Chennai-based GI Technology Private Limited. The company is in business of issuance and operation of prepaid payment ...

The Reserve Bank of India has lifted the ban on new Tamilnad Mercantile Bank branches : RBI has lifted ban of three years on Tamilnad Mercantile Bank (TMB), which had prevented the banker from opening new branches. October 2022 Current Affairs Quiz In what may turn out to be a boost for the ...

Indian Bank rolled out six digital initiatives under ‘Project WAVE’: Public sector lender Indian Bank has rolled out six new digital initiatives under ‘Project WAVE’  for enhancing customer experience through integrated services on its digital platform. The bank will provide online vehicle and ...

India Post Payment Bank launches group accident insurance plan: The Department of Posts' India Post Payments Bank (IPPB) has launched a group accident insurance plan with a Rs 10 lakh accidental death coverage. The insurance plan will be offered by India Post in collaboration with TATA AIG and ...

BSE launched Electronic Gold Receipts : Bombay Stock Exchange (BSE) has launched Electronic Gold Receipt (EGR) on its platform.Aim: Efficient and transparent price discovery of the yellow metal. October 2022 Current Affairs QuizThe EGR was introduced in two new products of 995 and 999 ...

Indian Banks’ Association re-elects PNB's AK Goel as chairman : Indian Banks’ Association has re-elected MD and CEO of Punjab National Bank, A K Goel as its new chairman. October 2022 Current Affairs QuizHe will serve the association for FY 2022-23. Generally, the senior most MD of a public ...

PhonePe launches green data centre with Dell Technologies and NTT: PhonePe has launched its first green data centre in India, leveraging technologies and solutions from Dell Technologies and NTT. October 2022 Current Affairs Quiz This facility has opened up new opportunities in data ...

HDFC Securities Opens the First Women-Only Digital Centre in Bengaluru: HDFC Securities has opened its the first-ever women-only Digital Centre (DC) in India. October 2022 Current Affairs Quiz The centre, staffed with a team of women, will serve both male and female investors. The DC ...

Indus Waters Treaty: World Bank appoints chairman of Court of Arbitration - The World Bank has appointed neutral expert and chairman of the Court of Arbitration regarding the design features of the Kishenganga (330 megawatts) and Ratle (850 megawatts) hydroelectric power plants. October 2022 ...