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February 03, 2017

Last 2 Months' Banking & Economic Affairs for Bank Exams

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Hi friends, I am Sarath Chandra Reddy. Today I am last two months' Banking & Economic Current Affairs for upcoming Banking Exams. Happy Reading :)
  • 100 banks join National Financial Switch network as direct members
  • 2017 World Economic Forum (WEF) annual meeting Held in Davos, Switzerland
  • Abu Dhabi banks to merge into largest Gulf Arab bank
  • Alibaba becomes worldwide Olympic partner through 2028
  • Alibaba to soon open first India office in Mumbai
  • Alibaba's financial arm acquires MoneyGram
  • Amazon Launches Its Startup Program ‘Launchpad’ In India
  • Apple named most innovative company of 2016
  • Au Financiers gets final nod to start small finance bank operations
  • Axis Bank becomes third lender to offer block chain service
  • Bank of Maharashtra Adopts Village in Sangli
  • BI waives MDR(Merchant Discount Rate) charges for small merchants for one year
  • Black rights activist Viola Desmond to be 1st Canadian woman on $10 bill
  • BoB---first National Supporter for the FIFA U-17 WC 2017
  • BookMyShow acquired Online Movie Ticket Platform MastiTickets
  • BSE IPO is open now
  • BSNL to connect 1500 gram panchayats through OFC(Optical Fibre Cable ) in 2017
  • Canara Bank launches prepaid card
  • CCI imposed penalty of 206 crores on 7 cement companies for bid-rigging and cartelisation
  • Central & SBI Card launch premium co-branded card
  • Citi Bank India introduced voice biometrics authentication system for its phone banking
  • Cop. banks cannot accept deposits under PMGKY(Pradhan Mantry Garib Kalyan Deposit Scheme.)
  • DCB Bank launches its own mobile wallet Cippy
  • 'DigiShala', new 24-hour government TV channel for cashless lessons
  • EPFO mandatory AADHAR for its pensioners
  • EPFO---8.65% interest
  • Federal Bank partners with Spice Digital for E – Collection Service
  • First cashless bazaar---in Raipur
  • Future Generali India Insurance Company (FGII)--bancassurance tie-up --BOM
  • GAAR ready to take off on April 1,2017
  • GoI launched Varishtha Pension Bima Yojana 2017, to be implemented through Life Insurance Corporation of India (LIC).
  • Google joins hands with India’s Ministry to protect consumer interest online
  • Government made Aadhaar Card mandatory for workers in rural areas enrolled under MGNREGA.
  • Government to launch helpline number '14444' for digital payments support
  • Government to sell 51% stake in Pawan Hans
  • Government will roll out Trade Infrastructure for Export Scheme (TIES) to boost export infrastructure
  • Govt to launch Aadaar Payment App to simplify digital transactions
  • GST roll out likely from July 1
  • Gujarat Is top in cashless
  • HDFC Bank helps TN temples to go digital
  • HDFC Bank launched chatbot service OnChat to allow users to make payments through Facebook Messenger.
  • HDFC Bank launched Humanoid Ira
  • HDFC Bank to deploy 20 humanoids in its branches in next 2 years
  • HPCL, GAIL ink pact with Andhra Pradesh govt for Rs 40k-crore project
  • ICICI Bank partners Twitter for better customer experience
  • ICICI----eazypay
  • IDFC Bank launches aadhaar-linked cashless merchant solution
  • India gets maximum FDI from Singapore
  • India inks financing pact with World Bank for $48 million---'Nagaland Health Project'.
  • India inks Rs 5,000 crore deal with US for 145 M777 howitzers
  • India---ASEAN--$100 billion trade to be achieved by 2020
  • Indian Railways---SBI----10000 POS
  • India's largest start-up incubator to be set up at Hubballi
  • INS Vikramaditya: First to be installed with ATM
  • IOC, BPCL, HPCL join hands to set up India's biggest oil refinery
  • IRDAI okays Swiss Re move to open Mumbai branch
  • Karnataka Bank, Tirth Agro Technology sign Mou on agricultural mechanization
  • Karnataka Vikas Grameen Bank launches ‘Bank Sakhi’ scheme
  • Kerala Gramin Bank launched FI@School Program to propagate financial literacy among school children
  • Kerala’s Nedumkayam tribal colony to be country’s first digital colony
  • KGB to propagate financial literacy among school children
  • KPMG, Microsoft join hands to boost digital transformation
  • Kwality partners Bank of Baroda for Rs 4000 crore loan to farmers
  • Lloyd's gets final approval from IRDAI to open branch in India
  • Maharashtra to roll out its own ‘Mahawallet’
  • MakeMyTrip accquired Competitor IBIBO
  • Ministry of Commerce and Industry (MOCI) launched mobile application named SEZ India
  • MMTC to tie-up with SBI to sell govt minted 'Indian Gold Coin'
  • MobiKwik gets RBI nod to accept payments for utility,convenience bills
  • NRI allowed old 500,1000 rupee notes exchant at RBI till 30 june 2017
  • Online marketing platform Mahila E-haat ties up with India Post, SBI
  • Payjo to launch banking robots in India with Yes Bank and RBL
  • Paytm Launches Offline Money Transfer With Toll Free Number---- 180018001234
  • Paytm--‘Each one, teach one’
  • PM Narendra Modi launches UPI based mobile payment app called BHIM((Bharat Interface for Mobile)
  • PNB launched Contactless Credit Card - Wave N Pay
  • PNB launches Contactless Credit Card
  • PNB launches Mobile Wallet – PNB KITTY
  • PNB, India Post Bank team up
  • RBI imposes Rs 75 lakh penalty on Bombay Mercantile Co-operative Bank
  • RBI prohibits investments in 'non-cooperative countries'
  • RBI raises Market Stabilisation Scheme limit to Rs. 6 lakh crore to manage liquidity
  • RBL Bank launches Aadhaar-based disbursment of mirco loans
  • Ruchi Soya Industries to provide banking assistance to farmers
  • Russian Railways to help India get trains faster
  • RXIL gets RBI nod for 1st trade receivables exchange platform
  • SBI adopts a village to make it cashless ---Shirki,Maharastra
  • SBI wealth management product launched in Kochi
  • SBI---BSNL----MobiCash
  • Sebi cuts brokers’ turnover fee by 25%
  • SIDBI-LIC tied for providing capital support to MSME
  • South Indian Bank unveils mobile banking app for NRIs--SIB Mirror+
  • Suryoday Small Finance Bank Limited commences operations
  • Uber to launch food (UberEATS) delivery app in India
  • Utkarsh Small Finance Bank Limited commences operations
  • V K Sharma appointed LIC chief for 5 years
  • VG Kannan appointed CEO of IBA
  • Vodafone India signed MoU with West Bengal government to invest 3,000 crore
  • World Bank sanctions Rs 1,376 crore for Tripura power upgradation
  • YES Bank launched unique Customizable Savings Account
  • Yes Bank launches---SIMsePAY
  • YES Bank---Ola---cash at your doorstep
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