The 4th Regional Conference on ‘Futuristic, Resilient and Digital Infrastructure’ held in Bengaluru

The 4th Regional Conference on ‘Futuristic, Resilient and Digital Infrastructure’ was held in Bengaluru on May 4, 2018. The 2-day Conference was organized by the Ministry of Finance, Government of India in collaboration with the Confederation of Indian Industry (CII), ..

Marginal Cost of funds Based Lending Rate (MCLR)

The marginal cost of funds based lending rate (MCLR) refers to the minimum interest rate of a bank below which it cannot lend, except in some cases allowed by the RBI. It is an internal benchmark or reference rate for ..

The Indian Overseas Bank signs Information Utility pact with NeSL

The Indian Overseas Bank (IOB) has signed Information Utility (IU) pact with National E-Governance Services Limited (NeSL) to share financial and security information under the Insolvency and Bankruptcy Board of India (IU) regulation 2017.. With this agreement, the IOB branches ..

Month: Current Affairs - April, 2018

Financial Stability Board

After the global financial crisis of 2007, the G-20 has created an institution called Financial Stability Board to design sophisticated regulation measures for banks to prevent future bank failure. Beside this, the central banks of each country identify Domestic Systemically ..

The regional conference on “Urban Development: Technological Solutions and Governance Challenges” started in Ahmedabad

The regional conference on “Urban Development: Technological Solutions and Governance Challenges” has started in Ahmedabad, Gujarat on April 19, 2018. The conference is a lead-up event to the 3rd Annual Meeting of AIIB scheduled to be held on 25th and ..

Month: Current Affairs - April, 2018

Equity Exchange-Traded Funds

Equity Exchange Traded Funds (ETFs) are simple investment products that combine the flexibility of stock investment and the simplicity of equity mutual funds. ETFs trade on the cash market of the National Stock Exchange, like any other company stock, and ..

Public Asset Reconstruction Agency

The Public Sector Asset Rehabilitation Agency (PARA) colloquially called “Bad Bank” is a proposed agency to assume the Non-Performing Assets (NPA) of public sector banks in India and to deal with the recovery of the bad loans. This agency has ..

Green Bonds

With the aim of promoting green economy across the world, green bonds have been initiated to finance the environment friendly businesses and assets. The first two banks to issue these were the World Bank and the European Investment Bank. They ..