Page-14 of Current Affairs - June, 2014

RBI increases CRR to 4% for non-scheduled UCBs

June 9, 2014

From July 12, 2014, non-scheduled Urban Co-operative Banks (UCBs) will have to keep more of their deposits with the central bank as the Reserve Bank of India (RBI) has raised the Cash Reserve Ratio (CRR) for these banks by 100 basis points to 4%. ..

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Achook and Agrim commissioned into Indian Coastguard

June 9, 2014

Two ships ICGS Achook and ICGS Agrim, the fifth and sixth ships in a series of 20 fast patrol vessels have been inducted into the Indian Coastguard. These ships are new generation fast patrol vessels fitted with highly developed communication equipment and ..

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Never dispense with your debit/credit card PIN: RBI

June 9, 2014

Recently, the Reserve Bank of India (RBI) made it compulsory for debit and credit card holders to key in the Personal Identification Number (PIN) while making transactions at retail outlets across the country. While the guideline is followed to curb ..

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Abdel-Fattah el-Sissi sworn-in as Egypt's President

June 9, 2014

Abdel-Fattah el-Sissi (59), former army chief of Egypt, has been sworn in as the President of the country for a 4-year term. Egypt has been facing political turbulence since 2011 with deadly agitation and economic worries. El-Sissi has took over the ..

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Tennis French Open: Rafael Nadal clinches men’s title

June 9, 2014

Spaniard Rafael Nadal maintained his dominance in the French Open as he defeated Serbian Novak Djokovic in the final match. French Open 2014 is Nadal’s 14th career Grand Slam title. World no.1 Nadal also became the first man to win five ..

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Tennis French Open: Maria Sharapova wins women’s title

June 9, 2014

Maria Sharapova won French Open women’s title after defeating Simona Halep in the final. It was Sharapova’s second French Open title victory. She has now won five Grand Slam titles, taking her to joint-11th on the Open era list alongside ..

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ICICI Bank leaves behind HDFC Bank as biggest private bank employer

June 9, 2014

ICICI Bank has overtaken its competitor HDFC in terms of employee number with addition of over 10,000 jobs in the last fiscal. With this, ICICI has emerged as the biggest employer in the private banking space with more than 72,000 ..

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Chandrababu Naidu takes oath as Andhra Pradesh CM

June 9, 2014

Head of Telugu Desam Party (TDP), Nara Chandrababu Naidu (64) has been sworn-in as the first Chief Minister of the residuary state of Andhra Pradesh. Mr. Naidu was administered the oath of office by Governor E S L Narasimhan. Mr. Naidu ..

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RBI's second Bi-Monthly Monetary Policy Statement, 2014-15

June 8, 2014

Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, RBI has been decided the following key rates: RR (Reverse Repo Rate) RRR (Reverse Repo Rate) LAF (Liquidity Adjustment Facility) CRR (Cash Reserve Ratio) ..

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Delhi LG sets up Expenditure Finance Committee

June 7, 2014

Delhi’s Lieutenant Governor, Najeeb Jung, has set up Expenditure Finance Committee (EFC) of the Delhi government under the chairmanship of S K Srivastava who is also the Chief Secretary of Delhi government. The panel will concur expenditure on Schemes/Projects/Capital works ..

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