Page-18 of Current Affairs - June, 2014

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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RBI hikes CRR for non-scheduled urban co-operative banks

June 6, 2014

The Reserve Bank of India (RBI) raised the Cash Reserve Ratio (CRR) for non-scheduled Urban Co-operative Banks (UCBs) by 100 basis points from 3% to 4%. The step will bring nonscheduled UCBs on par with scheduled primary urban co-operative banks. There are around ..

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Sumitra Mahajan: Speaker of 16th Lok Sabha

June 6, 2014

Sumitra Mahajan (71) was elected Speaker of the 16th Lok Sabha unopposed. She has gained the honor of becoming the second woman presiding officer of the lower house after her predecessor Meira Kumar. Mahajan, the longest-serving woman MP, was elected after ..

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Bashar al-Assad retains Presidency of Syria

June 6, 2014

Syrian President Bashar al-Assad has been elected for a 3rd term in office. He won the recently held presidential polls by securing around 88% votes.  President Assad’s rivals- Hassan al-Nouri and Maher Hajjar, got 4.3% and 3.2% of the vote ..

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Vice Admiral Anil Chopra takes charge as the Western Naval Commander

June 6, 2014

Vice admiral Anil Chopra, took chanrge as the flag officer commanding-in-chief of the Western Naval Command (WNC). The ceremonial parade was held at INS Shikra, Mumbai. He succeeded Vice admiral Shekhar Sinha who took voluntary retirement on April 21, 2014. Previous ..

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