BANKING NEWS


Monthly Current Affairs July 2016 “BANKING NEWS” key points to Remember.
No Pre-2005 Note Exchange At Banks From July 1
Apr-May Fiscal Deficit At 43% Of Annual Estimate
World Bank Commits $1bn For India Solar Projects
SBI launches social media banking platform
RIL, SBI sign pact to set up payments bank JV
SBI secures over Rs 4,000 crore from World Bank for solar programme
SBI gets $625 million from World Bank for solar power
SBI launches social media banking platform SBI Mingle
Home First Finance Company is looking to sell 30% stake for Rs 250 crore to fund operations
NSE launches trade repository for corporate debt
Five private equities in race for 10% stake in Hero FinCorp for Rs 800 crore
HDFC Bank Launches SME Bank
ICICI arm tops IPO rankings
SIDBI partners with Yes Bank for loan guarantee under World Bank scheme
HDFC to become first issuer of ‘masala bonds’
‘Paperless SIP’ introduced by BSE for mutual fund investors
IDFC Bank announces acquisition of GramaVidiyal Microfinance
IndusInd Bank opens international banking unit at GIFT City
SBI inks MoU with IIT Bombay to promote startups in financial sector
SEBI notifies tighter transfer norms for P-Notes
UBS remains world’s biggest private bank
RBI sets up SudarshanSen-headed Inter-regulatory Working Group on Fin Tech and Digital Banking
Banks can exchange 20 soiled notes for free: RBI
Bank of England leaves interest rates unchanged
ICICI Pru Life files for India’s 1st insurance IPO
Government sets ₹22,915 cr fund infusion for PSU banks
SBI, Brookfield to set up JV for stressed assets
New Development Bank launched by BRICS, announces loans worth 900 million dollars
RBI to monitor banks on customer rights
Federal Bank ties up with Reliance Jio Money
IRCTC joins hands with SBI to promote rail ticketing
Corporation Bank launches ‘Green PIN’ facility
AdityaPuri, ChandaKochhar highest-paid bankers
RBI imposes penalty on Bank of Baroda in fraud case
RBI imposes Rs 2-crore penalty on HDFC Bank
Federal Bank partners with Reliance Jio Money
ICICI, Axis bank join Swift’s global payments initiative
Yes Bank gets Sebi nod for mutual fund, AMC business
SBI Launches Debit Card-less Instant Money Transfer Facility
ICICI, Axis bank joins Swift’s global payments initiative
Andhra Pradesh seeks Rs 7,269 crore central sales tax dues
GDP growth to rise to 7.9% in FY 17 due to good monsoon: CRISIL
Canara Bank gets shareholders nod to raise capital
SBI partners Oracle to support Digital India
LIC signs up Axis Bank as bancassurance partner
SEBI plans to ease norms for start-up listings
ICICI Bank sets up top team to track loans, sound ‘NPA’ alert
Bank of India to allot preference shares to govt for Rs 1,338 crores
Fifteen banks ready to roll out UPI by July 31