Current Affairs- Banking & Finance For IBPS RRB MAINS 2017
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Study Daily Current Affairs from Daily GK Update on Ideticedu and stay updated as well as prepare for Current Affairs section of bank exams. It’s time to gear up your preparations for IBPS PO, IBPS RRB PO and Office assistant.
Current Affairs- Banking & Finance For IBPS RRB MAINS 2017
1.Dhanlaxmi Bank and DHFL Pramerica Tie up for Bancassurance
DHFL Pramerica Life Insurance Company signed on Kerala-based Dhanlaxmi Bank as its bancassurance partner.
2.Union Bank Signs Insurance Deals
Union Bank of India entered into a corporate agency agreement with Bajaj Allianz General Insurance and Cholamandalam MS General Insurance for distribution of their insurance products.
3.Karur Vysya Bank inaugurates AADHAAR enrolment centre in Chennai
Private sector Karur Vysya Bank has unveiled the Aadhaar Enrolment Centre in Chennai. It is the first private sector bank to provide Aadhaar Enrolment Centre service in the country.
4.Karur Vysya Bank appoints P R Seshadri as MD and CEO
Karur Vysya Bank (KVB) appointed Shri P R Seshadri as Managing Director & Chief Executive Officer of the Bank. He is appointed for the period of three year.
5.State Bank of India launched new CSR Initiatives
State Bank of India launched a CSR (Corporate Social Responsibility) initiative, SBI Gram Seva, which will work in the areas of health, education, environment and rural infrastructure.
6.Corporation Bank bagged Best performance award from NABARD Awards committee
Corporation Bank bagged the best performance awards for SHG-bank linkage program for Karnataka for 2015-16 and 2016-17 from National Bank for Agriculture and Rural Development (Nabard).
7.Karnataka Vikas Grameen Bank won the Best Performer Award
National Bank for Agriculture and Rural Development (NABARD) conferred the ‘best performance award’ for 2015-16 and 2016-17 to Karnataka Vikas Grameen Bank (KVGB) for its work in the field of credit-linking joint liability groups (JLGs).
8.Canara Bank introduced two new digital services for online payments
Canara Bank introduced two new digital services namely Bharat QR (Quick Response) and Bharat Bill Payment System (BBPS). Bharat QR (Quick Response) is for payment settlement at merchant locations. Bharat Bill Payment System (BBPS) is an initiative of the RBI and integrated bill payment system for net banking customers.
9.RBI to pay Rs 30,659 crore dividend to Govt for 2017
Reserve Bank of India (RBI) will transfer surplus to the Government of India, which amounting to Rs.30,659 crore for the year 2016-17 ended 30 June. Previous year RBI paid Rs 65,876 crore dividend to the government.
10.Rajya Sabha passed the Banking Regulation Amendment Bill 2017
It empowers the Reserve Bank of India (RBI) to give directions to banks to act against loan defaulters.
11.Aparna appointed as Executive Director of World Bank
The Appointments Committee of the Cabinet (ACC) appointed senior IAS officer from Gujarat S. Aparna as Executive Director of the World Bank.
12.Mohammad Mustafa appointed as CMD of SIDBI
Senior bureaucrat Mohammad Mustafa appointed as Chairman and Managing Director of Small Industries Development Bank of India (SIDBI).
13.Airtel Payment Bank ties up with HPCL for ATM services
Airtel Payments Bank, India’s first payments bank has announced a strategic partnership with Hindustan Petroleum Corporation Limited (HPCL). There are around 14,000 HPCL fuel stations will act as banking points for Airtel Payments Bank.
14.Canara Bank launches CANDI first digital branch in Bengaluru
Canara Bank launched its first ‘Digital Banking Branch’ at Spencer Towers in MG Road, Bengaluru. The branch is titled “CANDI” and its aim to provide an end-to-end digital experience to customers.
15.NPCI receives final nod from RBI to function as Bharat Bill Payment Central Unit
National Payments Corporation of India (NPCI) received a final nod from the Reserve Bank of India to function as the Bharat Bill Payment Central Unit (BBPCU) and operate the Bharat Bill Payment System (BBPS).
16.Punjab National Bank ties up with Bajaj Allianz General for distribution
Punjab National Bank (PNB) and Bajaj Allianz General Insurance have signed an agreement for the distribution of insurance products through the branches.
17.Axis Bank acquires FreeCharge for Rs. 385 crore
Axis Bank announced the acquisition of Snapdeal-owned mobile payments provider Freecharge in an all-cash deal worth Rs385 crore.
18.Janalakshmi Financial Services appoints Ajay Kanwal as CEO
Janalakshmi Financial Services (JFS), the largest micro finance company announced the appointment of its new CEO Ajay Kanwal.
19.State bank of India launches website for home buyers
State Bank of India, the country’s largest commercial bank launched ‘SBI Realty’ – a one-stop integrated website www.sbirealty.in for home buyers.
20.Mukesh Kumar Jain appointed MD & CEO of Oriental Bank
The Central Government appointed Mukesh Kumar Jain as Managing Director and Chief Executive Officer of Oriental Bank of Commerce, a Public sector bank.
21.Vijaya Bank Managing Director Kishore Sansi won Skoch award
Kishore Sansi Managing Director and CEO of Vijaya Bank conferred the ‘Personality of the Year’ award by Skoch Consultancy Services.
22.YES BANK Launches ‘YES GST’ Program to assist MSMEs
YES BANK launches ‘YES GST’ program for MSMEs (Micro, Small and Medium Enterprises) under its MSME CSR.
23.Union Finance Minister inaugurated the 36th NABARD Foundation Day
Union Finance Minister Arun Jaitley inaugurated the National Bank For Agriculture & Rural Development (NABARD) and Silver Jubilee of SHG Bank Linkage Programme, in New Delhi.
24.John Joseph to take charge as chief of GST intelligence agency
John Joseph appointed as Director General of Goods and Services Tax Intelligence (DG GSTI).
25.Indus OS partners with YES Bank to launch OS-integrated UPI platform
Indus Operating System partners with YES Bank to launch Operating System integrated UPI (Unified Payment Interface) payment platform in India.