BANKING & FINANCE


Monthly “BANKING & FINANCE” Current Affairs April 2016 pdf like pocket points.
SEBI raises FPI investment limit
Japan commits 14k cr loans to India for infra
India looking to loan $500 mn from Asian Bank
Banks adopt new rate formula
Those earning Rs 50 lakh a year must declare assets
DCB Bank starts India’s first Aadhaar-based ATM
SBI makes it easy with ‘State Bank of India NO Queue’ app
RBI cuts repo rate by 25 basis points to 6.5%
SBI declares Chhagan Bhujbal, family members as willful defaulters
NABARD FY17 borrowing estimated at Rs 50k cr
NABARD FY17 borrowing estimated at Rs 50k cr
SBI lowers home loan interest rate to 9.45%
SIDBI signs MoU with LIC for Fund-of-Fund operations
World Bank initiated “Climate Action Plan”
Federal Bank–Phillip Capital tie-up announced at Singapore
App-only bank with no branches to launch in UK
RBI holds 8 lakh crore of government bonds: Rajan
Bharti Airtel get payments bank licence from RBI
Government exempts housing finance cos from XBRL filings
Federal Bank launches campus wallet for students
Employees’ Provident Fund Organisation (EPFO) settles 1.18 crore claims in 2015-16
India was World’s largest Remittance recipient in 2015: World Bank
RBI cuts Maturity Period of Masala Bonds to 3 years
Yes Bank to launch SIM sleeve Payments Solution for feature phones
Postal department to launch Payments Bank by January
World Bank and Asian Infrastructure Investment Bank (AIIB) Sign First CoFinancing Framework Agreement
BRICS bank sanctions $250 million loan for India
Oriental Bank of Commerce to raise Rs 178 crore by issuing shares to LIC
Banks to share details in standard format
Morgan Stanley downgrades Bank of Baroda and ICICI Bank
RBI tweaks norms on Bank fraud provision
ICICI Bank open to investing in startups
Punjab National Bank top mobilizer under Gold Monetization Scheme
Muthoot Capital looks to increase loan book to Rs 2,500 crore
RBL becomes first private sector bank to open dedicated branch for startups
IFMR Capital initiates first Capital Market Transaction for MUDRA
SIDBI clears 1,000 Crore for early-stage startups
Government approves 8.7% interest on Employees Provident Fund for 2015-16
NABARD lent 1000 crore rupees to Haryana State Warehousing Corporation (HSWC) for wheat procurement
Punjab based Capital Local Area Bank – First small finance bank starts operations
HDFC Life joins hands with Indiabulls Housing Finance for corporate agency tie up
Bank of Japan keeps interest rates unchanged
US Federal Bank keeps key interest rate unchanged
Experian India launches new fraud solution for banking and insurance
Bombay Stock Exchange partners Korea Exchange to list derivatives
Banks have to report foreign contribution to NGO’s within 48 hours
Development Bank of Singapore(DBS) Bank launches mobile-only bank