FinMin allows RRBs to raise funds via IPO, rights issue: The government has issued a detailed draft of the guidelines for Regional Rural Banks (RRBs) to raise capital and putting the onus for identifying eligible RRBs on their sponsor banks. September 2022 Current Affairs Quiz RRBs are ...

Wholesale price-based inflation eases to 12.41 per cent in August: As per the Commerce and Industry Ministry data, the wholesale price-based inflation has been reduced to 12.4% in August as compared to 13.93 % in July 2022. September 2022 Current Affairs Quiz Reason: The WPI inflation ...

SBI joins Rs 5-trillion market cap club: SBI has hit the mark of Rs 5-trillion in market capitalisation (market cap) for the first time after its shares touched a record high of Rs 564.45, up 1% on the BSE in intra-day trade in an otherwise weak market. With a market cap of Rs 5.03 trillion, SBI ...

HDFC Life launches Click2Protect Super term insurance policy: HDFC Life has launched a term insurance plan named Click2Protect Super. September 2022 Current Affairs Quiz Offers: It enables customisation as per protection needs and only pay for the benefits/plan options that you have ...

Canara HSBC Life Insurance launches iSelect Guaranteed Future Plan: Canara HSBC Life Insurance has launched a new life insurance policy named iSelect Guaranteed Future, an individual, non-linked, non-participating, savings and protection plan. September 2022 Current Affairs Quiz The policy ...

Nippon Life India AMC, DWS partner to launch Indian govt bond ETF: DWS Group and Nippon Life India Asset Management have collaborated to provide portfolio management and investment advisory services to the European-listed Indian Government Bond ETF. September 2022 Current Affairs Quiz DWS ...

Retail inflation surges up to 7% in August 2022: According to the new data, the Retail inflation has been increased up to 7% in August 2022 from 6.71% in July 2022. Reason: Due to higher food prices. September 2022 Current Affairs Quiz The consumer price ...

HDFC Bank issues first Electronic Bank Guarantee of India: HDFC Bank has become the first bank in India to issue an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited (NeSL). September 2022 Current Affairs Quiz The new ...

Axis Bank, Square Yards launch co-branded home buyer ecosystem: Axis Bank has partnered with the Square Yards to launch a joint branded home buyer ecosystem named “Open Door”. Aim: The entire process of finding and purchasing a dream house is hassle-free, effective, and enjoyable for ...

RBI sells $13 billion in August to hold rupee at 80: The Reserve Bank of India is estimated to have sold about $13 billion in the spot market in August 2022. Reason: To defend the rupee from falling further against the US dollar. September 2022 Current Affairs Quiz A majority ...