Page-17 of Current Affairs - November, 2013
Charge for SMS alerts on actual usage basis: RBI to banks
The RBI, in its Second Quarter Review of Monetary Policy 2013-14, asked banks to charge customers for transaction SMS alerts on the basis of usage, instead of imposing a fixed fee, to ensure equity and be reasonable. In March 2011, ..
Month: Current Affairs - November, 2013
NABARD to ensure speedy funds to states with acute storage deficiency
According to National Bank for Agriculture and Rural Development (NABARD), Eastern and North Eastern states, which are battling with acute storage deficit, will get a priority in fund allocation for building warehouses. The government has directed NABARD to give priority to ..
Month: Current Affairs - November, 2013
Political uncertainties are among the factors impacting capital markets: RBI
The RBI in its Macroeconomic and Monetary Developments Second Quarter Review 2013-14 said that markets in India face domestic uncertainties arsing from prolonged slowdown, falling corporate earnings and rising leverage, besides risks of political uncertainties associated with the electoral cycle. Elections ..
Month: Current Affairs - November, 2013
India ranked 134th in 'Ease of Doing Business' list: World Bank
As per the latest ‘Ease of Doing Business’ rankings of 189 economies released by the World Bank, India has fallen three spot to 134th rank. In terms of ‘starting a business’ India has been positioned lower at 179th. This is when ..