Latest Appointments in Banking Sector

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Economy, RBI, Banking Current Affairs 2017 Pdf – Dear Readers, here we are providing the latest Current Affairs related to Banking Industry, Recent Updates in Banking Sector (RBI/ World Bank/ ADB), Important Banking Awareness News, Month wise Current Affairs GK 2017 Economy, RBI, Banking News Pdf. And which will be asked in All competitive exams like UPSC, SSC, RRB, Bank PO, Clerk Exams IBPS, RRB, SBI, Manipal etc under general awareness with special reference to banking industry.

Latest Appointments in Banking Sector – Current Affairs GK 2017

Principal Economic Adviser - Sanjeev Sanyal (former MD of Deutsche Bank)
National Stock Exchange (NSE) new CEO and Managing Director - Vikram Limaye (former IDFC chief)
India Post Payments Bank (IPPB) interim Managing Director and CEO - AP Singh
Karnataka Bank Ltd new MD and CEO - Mahabaleshwara Mavinakudige Subrahmanya
Economy, RBI, Banking Current Affairs 2017 Pdf Download

Economy, RBI, Banking Current Affairs 2017 Pdf - April

SBI Card launched a unique credit card ‘SBI Card Unnati’, any SBI customer with a balance of at least Rs 25,000 in his/her savings account with the bank would be eligible for the Unnati credit card without the need for any credit score or credit history.

Economy, RBI, Banking Current Affairs 2017 Pdf - March

IRDAI has imposed a penalty of Rs 20 lakh on ICICI Prudential Life Insurance Company.
Project Ananya – Syndicate Bank
Karur Vysya Bank (KVB) has been adjudged the ‘Best Small Bank for 2016’.

Economy, RBI, Banking Current Affairs 2017 Pdf - February Month

ICICI Securities inks partnership with Denmark's Saxo Bank.
Bank of Baroda has tied up with IFFCO, to provide co-branded debit cards for farmers.
RBI declared that, 9.92 lakh crore new notes infused into market as on January 27, 2017.
RBI announced that, Inflation seen at 4-4.5% for April-September,2017.
HDFC Bank, Kotak Mahindra Bank go live with Bharat Bill Payment System (BBPS)
Ujjivan Small Finance Bank (CMD - Samit Ghosh) Starts Pilot Operation in Bengaluru
Axis Bank has tied up with Earthport Plc (a cross-border payment network)
Bank of Maharashtra has partnered with insurance company Cigna TTK Health
Corporation Bank has signed an agreement with Religare Health Insurance Co Ltd to market its products and services.
The Union Budget has allocated Rs. 10,000 crore towards recapitalisation of public sector banks in FY2017-18.
Govt has decided to set up a Dairy Processing and Infrastructure Development Fund in NABARD with a corpus of Rs 8,000 crores over three years.
If the income tax return is furnished after the due date but on or before the December 31 of the assessment year, there will be a fine of Rs 5,000 imposed. In other cases, there will be an imposition of a fine of Rs 10,000.
The General Anti Avoidance Rule (GAAR) will be effective from 1 April, 2017

Economy, RBI, Banking Current Affairs 2017 Pdf - January Month

SBI has launched a wealth management product named 'SBI Exclusif' in Kochi, Kerala
Financial Action Task Force (FATF)
Wholesale reinsurance provider ‘Swiss Re’ has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) to open a branch in Mumbai.
The Reserve Bank of India RBI has declared that Rescheduled Education Loans will not be considered for Computing NPAs.
Utkarsh Micro Finance launches its Small Finance Bank, this makes Utkarsh the third company to operate as small finance bank after Capital Local Area Bank & Ujjivan small finance Bank.
To educate awareness on banking codes at grass root level, The Banking Codes and Standards Board of India (BCSBI) will organise “know your rights” programme in all the states.
100% FDI under consideration in food processing sector.
Mumbai based dairy firm Kwality Ltd has signed an MoU with Bank of Baroda to provide Rs. 4000 crore loans to one lakh farmers
Punjab National Bank launched a Contactless Credit Card named ‘PNB Wave N Pay’.
Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on Bombay Mercantile Co-operative Bank for violations of norms related to KYC and anti-money laundering.
Government has clarified that Co-operative Banks are not authorised to accept deposits under the Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS).
India's biggest aircraft carrier ship INS Vikramaditya first to have ATM (State Bank of India) onboard.
World Bank Sanctions Rs 1,376 Cr For Tripura Power Upgradation.

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