RBI approves Cygnet to operate as NBFC account aggregator : Fintech firm, Cygnet has received in-principle approval from the Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC) account aggregator. October 2022 Current Affairs Quiz Account Aggregator: It is ...

Mahindra Finance partners India Post Payments Bank to enhance credit : Mahindra and Mahindra Financial Services Ltd has partnered with India Post Payments Bank to enhance credit access to a larger customer base. October 2022 Current Affairs QuizIPPB will provide lead referral ...

LIC launches new 'Dhan Varsha' plan: Life Insurance Corporation (LIC) has launched a new scheme 'LIC Dhan Varsha.' This is a non-linked, non-participating, individual, savings life insurance plan that offers a combination of protection and savings. October 2022 Current Affairs Quiz This is ...

SBI General Insurance launches insurance buying facility via WhatsApp: SBI General Insurance has joined hands with Gupshup to offer a new insurance policy, renew an existing one, intimate claims and more, through WhatsApp. Customers across the country can buy insurance from SBI General by sending ...

Karnataka Bank launches ‘KBL Centenary Deposit Scheme’ : Karnataka Bank has launched a Term Deposit Scheme “KBL Centenary Deposit Scheme” with higher rate of interest.October 2022 Current Affairs QuizAim: To provide an opportunity to bank customers to save and invest for better returns.This ...

Paytm Payments Bank appoints Deependra Singh Rathore as Interim CEO : Paytm Payments Bank has appointed Deependra Singh Rathore as the interim chief executive officer (CEO), in addition to his role as chief product & technology officer. October 2022 Current Affairs QuizHe will replace ...

PM Modi dedicates 75 Digital Banking Units to the nation: PM Narendra Modi has dedicated 75 digital banking units (DBUs) to the nation. Aim: To promote financial inclusion. October 2022 Current Affairs Quiz The ceremony was attended by Union Finance Minister, Nirmala Sitharaman and ...

State Bank of India home loan AUM crosses Rs 6 trillion: State Bank of India (SBI) has become the first bank in the country to achieve Rs 6-trillion Assets Under Management (AUM) in the home loan segment. SBI has offered a concession of up to 0.25% on Home Loans, 0.15% on Top Up Loans, and 0.30% ...

RBL Bank, BookMyShow partner to launch ‘Play’ credit card: RBL Bank and BookMyShow have partnered to launch a new credit card named ‘Play’. With this card, RBL Bank will be able to reach BMS's wide base of 200 million monthly customer visits. This card will be available to select customers on ...

IDBI Bank partners Vayana Network on supply chain finance : IDBI Bank has signed an MoU with Vayana Network for end-to-end digitalization services. October 2022 Current Affairs QuizAim: To contribute in the growth of the supply chain finance penetration in India, which is less than 1% ...