1. Which among the following organization has been conducting surveys of the strength of financial markets of various countries and ranks them accordingly in its flagship annual “Financial...
Strong Fundamentals: The IBA-FICCI-BCG Report (August 2011), says that India’s Gross Domestic Product (GDP) growth will make the Indian banking industry the third largest in asset size in...
Background: The Reserve Bank began exiting from the crisis driven expansionary policy in October 2009. Between January 2010 and October 2011, the Reserve Bank cumulatively raised the cash...
The Government has recently accepted the recommendations of former RBI deputy governor Shyamala Gopinath panel which would help investors earn higher interest on small savings schemes such as...
Recently, the Cabinet has approved changes in the Pension Fund Regulatory and Development Authority (PFRDA) Bill, which will also pave the way for 26% foreign investment in pension...
ROSAT plunges to earth: ROSAT or Röntgensatellit was a bus-sized defunct German satellite plunged to Earth recently after languishing in a dead orbit for more than a decade....
Recently, the Reserve Bank of India has completely deregulated the interest rates. The Interest on Savings Banks Account was the last administered pricing imposed by the banking regulator...
What is a Power of Attorney? A power of attorney refers to a written authorization to represent or act on another’s behalf in private affairs, business, or some...
Indian Government’s official account-keeper, the Controller General of Accounts (CGA) has developed a fully secured e-payment gateway for direct credit of dues into the accounts of beneficiaries using...
After the rating of SBI were downgraded by Moody’s citing rising stress on the loan portfolio and capital constraints. The Government of India is set to provide funds...
