Current Affairs - Banking
Exercise : Banking - Latest Current Affairs
- Banking - Latest Current Affairs
191.
In which city did Power Finance Corporation (PFC) receive approval from the Reserve Bank of India (RBI) to establish a finance company, leading to a nearly 1% rise in its shares?
Answer: Option
Explanation:
Power Finance Corporation (PFC) obtained RBI approval to set up a finance company in Gujarat’s GIFT City, resulting in a nearly 1% surge in its shares.
Date : 2024-01-10
192.
Who is the newly appointed president of the European Investment Bank?
Answer: Option
Explanation:
Nadia Calvino assumed office as the new president of the European Investment Bank on January 1, making her the first woman and the first Spaniard to hold this position in the institution's history.
Date : 2024-01-04
193.
Which digital payments app recently secured a payment aggregator (PA) license from the Reserve Bank of India (RBI) for e-commerce transactions?
Answer: Option
Explanation:
Tata Pay, the digital payments app under Tata Digital, has secured a payment aggregator (PA) license from the RBI. This significant development places Tata Pay among industry leaders for efficiently handling e-commerce transactions within its subsidiary entities.
Date : 2024-01-03
194.
What is the new bulk deposit limit set by the Reserve Bank of India (RBI) for large urban cooperative banks (UCBs)?
Answer: Option
Explanation:
The RBI has raised the bulk deposit limit for large urban co-operative banks (UCBs) significantly, from ₹15 lakhs to ₹1 crore and above, applicable to Tier 3 and Tier 4 UCBs.
Date : 2024-01-02
195.
Which category of banks does the RBI classify SBI, HDFC Bank, and ICICI Bank as?
Answer: Option
Explanation:
The Reserve Bank of India identifies the State Bank of India (SBI), HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs). This categorization indicates their crucial role in the stability of the Indian financial system.
Date : 2023-12-31
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