Financial services Current Affairs - 2019

Category Wise PDF Compilations available at This Link

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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India and ADB sign $200 Million Loan to improve State Highways in Bihar

Union Government has signed $200 million loan agreement with Asian Development Bank (ADB) for Bihar State Highways III Project (BSHP-III). It will finance widening and upgrading of about 230 kms state highways in Bihar to all-weather standards with road safety features. Since 2008, ADB has provided four loans to Bihar amounting to $1.43 billion to Read More…

Month:  Categories: States

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India, UAE inks 5 MoUs

India and United Arab Emirates (UAE) have signed five Memorandum of Understanding (MoUs) in key areas of energy sector, railways, manpower and financial services. These agreements were signed in PM Narendra Modi’s visit to Abu Dhabi. They were signed in presence of PM Modi, Crown Prince of Abu Dhabi HH Sheikh Mohammed bin and Deputy Read More…

Month:  Categories: International

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Government invites comments for creating new Financial Redressal Agency

The Union Government has invited public comments on a report for the creation of a Financial Redressal Agency (FRA). The report also calls for a new financial consumer protection and redressal legislation and also recommends an initial budget of Rs. 100 crore for the setting up of the FRA. Key Facts The objective of FRA Read More…

Month:  Categories: Business, Economy & Banking

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BNP Paribas to acquire broking firm Sharekhan

French global financial services group Banque Nationale de Paris (BNP) Paribas to acquire retail brokerage firm Sharekhan at about 2,000 crore rupees. BNP Paribas a key player in retail brokerage and digital banking services that have over 1.7 million patrons in Europe is one of the largest bank in the world. This acquisition would help BNP Read More…

Month:  Categories: Business, Economy & Banking

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