Banking Current Affairs - 2019

Category Wise PDF Compilations available at This Link

CVC constitutes Advisory Board for Banking Frauds

The Central Vigilance Commission (CVC) has constituted Advisory Board for Banking Frauds (ABBF) to examine bank fraud over Rs 50 crore and recommend action. It is reconstituted and rejigged version of erstwhile Advisory Board on Bank, Commercial and Financial Frauds. About Advisory Board for Banking Frauds (ABBF) Composition: Former Vigilance Commissioner T M Bhasin will Read More…

Month:  Categories: Business, Economy & Banking

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Monster Salary Index Report

The Monster Salary Index report has highlighted the following findings: The gender pay gap is still high in India and women in the country earn 19 per cent less than men. Wage inequalities in favour of men are present in all the relevant sectors. The current gender pay gap in India stood at 19 per cent Read More…

Month:  Categories: Reports & Indices

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OSDMA bags SKOCH Award

The Odisha State Disaster Management Authority (OSDMA) has bagged the SKOCH Award, 2018 for its remarkable achievements in the field of disaster management. The award was presented at the 56th SKOTCH Summit held at New Delhi. The SKOCH Award is being presented since 2003 to individuals and institutions having done meritorious works in the field of governance, Read More…

Month:  Categories: Awards & Honours

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Internet Facility for Post Office Savings Bank Customers Launched

India Post has started internet facility of the customers of Post office savings bank account. The facility was launched by Union Minister for Communication (independent charge) Manoj Sinha at National Media Centre, New Delhi. Revamped version of Indian Post website and e-commerce portal for rural artisans were also launched at event. Facilities available to Customers Read More…

Month:  Categories: Business, Economy & Banking

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Shaktikanta Das: 25th Governor of RBI

India’s former economic affairs secretary and current member of the Finance Commission Shaktikanta Das is to be appointed as next RBI Governor. He will be the 25th Governor of the apex bank of the country. About  Shaktikanta Das Shaktikanta Das is a 1980 batch IAS officer of Tamil Nadu Cadre and a very prominent bureaucrat Read More…

Month:  Categories: Business, Economy & Banking

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Repo rate keeps unchanged at 6.5%

Reserve Bank of India (RBI) in its fifth bimonthly monetary policy review for financial year 2018-19 has decided to maintain status quo in policy rates by keeping repo rate unchanged at 6.5%. The reverse repo rate has also been maintained at 6.25%.  This decision was taken by RBI’s six member Monetary Policy Committee (MPC) headed Read More…

Month:  Categories: Business, Economy & Banking

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RBI to introduce Ombudsman Scheme for Digital Transactions

Reserve Bank of India (RBI) has announced to introduce ‘Ombudsman Scheme for Digital Transactions’ to provide cost-free mechanism to redress grievances of customers related to digital transactions. The scheme will be notified by end of January 2019. It will cover services provided by entities falling under RBI’s regulatory jurisdiction. The scheme is being implemented taking Read More…

Month:  Categories: Government Schemes & Projects

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