ADB Approves USD 40.5 Million Loan to Enhance Childhood Development and Maternal Mental Health in Meghalaya: The Asian Development Bank (ADB) has approved a USD 40.5 million loan for the northeastern Indian state of Meghalaya, a significant step towards strengthening early childhood development ...

Reserve Bank of India (RBI) Introduces Reforms for Transparent Home Loan EMIs: In a significant move aimed at enhancing transparency and consumer protection in the home loan sector, the Reserve Bank of India (RBI) has introduced a comprehensive set of reforms pertaining to floating rate home ...

Bank of Maharashtra tops list of public sector lenders in loan in Q1 2023: State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in loan and deposit growth in percentage terms during the first quarter of the current financial year. Daily Current ...

Airtel Payments Bank Launched India’s 1st Eco-Friendly Debit Card: Airtel Payments Bank has become the first Indian bank to launch an eco-friendly debit card for its new and existing customers with a savings bank account in Aug 2023. Daily Current Affairs Quiz: August 2023 The debit cards ...

India’s first AU bank to provide 24x7 video banking service.: AU Small Finance Bank Limited (AU Bank), has become the first financial services provider in India to launch a 24x7 live video banking service in August 2023. Aims: To provide a virtual platform where customers can communicate ...

Reserve Bank of India keeps key interest rate unchanged for third time: According to the Reserve Bank of India (RBI) Monetary Policy, released in August 2023, the RBI's Monetary Policy Committee (MPC) unanimously decided to keep the repo rate unchanged at 6.5 percent. Daily Current Affairs ...

Current RBI Governor of India, Know His Name: Shaktikant Das, the current RBI Governor, assumed the position of the 25th Governor of RBI in December 2018. Shaktikant Das, a seasoned Indian Administrative Service (IAS) official, brought to his job a varied variety of administrative and economic ...

SBI Life’s Appointment of Amit Jhingran as MD & CEO Receives IRDAI Approval: Amit Jhingran has been appointed as the new Managing Director and Chief Executive Officer of SBI Life Insurance Company Limited by the Insurance Regulatory and Development Authority of India (IRDAI). Amit Jhingran has ...

Airtel Payments Bank Launched India’s 1st Eco-Friendly Debit Card: India’s first payment bank, Airtel Payment Bank also became the first Indian Bank to launch an eco-friendly debit card for its new and existing customers with a savings bank account. In contrast to standard PVC cards, the debit ...

Public sector banks and major private banks collected over ₹35,000 cr in charges: According to a Finance Ministry study, both state-owned banks and major commercial banks have collected more than 21,000 crore in fees, largely from account holders who fail to maintain the minimum balance. Daily ...