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% ...

RBI raised minimum capital requirement for setting up ARCs : The Reserve Bank has raised the minimum capital requirement for setting up an asset reconstruction company (ARC) to Rs 300 crore from Rs 100 crore. October 2022 Current Affairs QuizAim: To strengthen the securitization sector ...

South Indian Bank enters World Book of Records for ‘101 Oonjals’: South Indian Bank has bagged a world record for staging and swinging the highest 101 Oonjals (Jhoolas), beautifully decorated- in Kochi. October 2022 Current Affairs Quiz The South Indian Bank has organized an event ...

Government, LIC to sell 60.72% stake in IDBI Bank: The government and LIC will together divest a 60.72% stake in the IDBI Bank. The Centre will divest a 30.48% stake while LIC will offload 30.24%. October 2022 Current Affairs Quiz For this, the Department of Investment and Public Asset ...

RBI launched SupTech app, DAKSH to improve supervisory processes: The Governor of RBI, Shaktikanta Das has launched a new 'SupTech' initiative called DAKSH. October 2022 Current Affairs Quiz Aim: It will be the advanced supervisory monitoring system of bank. It will help to make ...

HDFC Bank launches SmartHub Vyapar for merchants: HDFC Bank has launched an one-stop merchant solution app named SmartHub Vyapar Merchant app. October 2022 Current Affairs Quiz It is a comprehensive payments and banking solution. It is designed to fulfill the everyday business ...

World Bank cuts India's growth forecast to 6.5% for 2022-23: The World Bank has reduced the GDP growth forecast of India for 2022-23 to 6.5% from 7.5%. October 2022 Current Affairs Quiz Reason: The impact of the ongoing war in Ukraine, rising global interest rates and high inflation. ...

RBI issues directions for appointment of Internal Ombudsman: RBI has issued directions for appointment of Internal Ombudsman for all Credit Information Companies (CICs). October 2022 Current Affairs Quiz Eligibility: Every CIC must appoint the Internal Ombudsman for a fixed term of 3 ...

RBI Launches DAKSH- Reserve Bank’s Advanced Supervisory Monitoring System: The Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday launched a new 'SupTech' initiative DAKSH - the bank's Advanced Supervisory Monitoring System, which is expected to make the supervisory processes more ...