Page-129 of IBPS
SEBI gives final approval to MCX-SX
SEBI gave its nod to MCX Stock Exchange (MCX-SX) for going live in new product segments such as equity, wholesale debt (bonds) and interest rate derivatives. For more on MCX-SX click here
Month: Current Affairs - December, 2012
Sachin Tendulkar ‘The God of Cricket’ retires from ODIs
Sachin Tendulkar had announced his retirement from One-Day format of cricket. It brings an end to his 23-year career in ODIs. He had made his debut in this format against Pakistan in 1989. In 463 ODIs he played, he piled ..
Month: Current Affairs - December, 2012
$1.5 billion fine on UBS over Libor manipulation
Swiss bank UBS has been fined $1.5 billion over the manipulation of Libor benchmark rate. It is the second biggest fine ever on a global bank after HSBC which was recently fined a record $1.92 billion after being accused by ..
Month: Current Affairs - December, 2012
Samsung displaces Nokia to become World’s No.1 mobile brand
Samsung has left Nokia behind to gain the world’s leading top mobile brand for the year 2012. This is the first time in 14 years that Nokia is not on top of the global cellphone business on an annual basis. ..
Month: Current Affairs - December, 2012
Banking bill approved in Lok Sabha
Lok Sabha passed the Banking Laws (Amendment) Bill 2011, paving way for foreign investments in the sector and establishment of new private banks and also to achieve greater financial inclusion. The Bill does not contain controversial clauses of allowing banks ..
Month: Current Affairs - December, 2012
India clinches World Cup Kabaddi Tournament 2012 in both Men’s and Women’s category
India clinched World Cup Kabaddi Tournament 2012 in both Men’s and Women’s category. It was a 3rd consecutive victory of the title in the Men’s category and 2nd consecutive time in the Women’s category. Indian men thwarted arch rival Pakistan, ..
Month: Current Affairs - December, 2012
RBI disallows banks to issue offline debit cards, tighten norms
The Reserve Bank of India (RBI) in its recent directives told the banks not to allow offline debit cards. As per the recent directives banks have been told to:
Month: Current Affairs - December, 2012
Naina Lal Kidwai becomes first woman president of FICCI
Head of HSBC India, Naina Lal Kidawai took charge as the first woman President of Federation of Indian Chambers of Commerce and Industry (FICCI). Kidwai is also a recipient of the country’s prestigious civilian award Padma Shri for her contribution ..
Month: Current Affairs - December, 2012
Deadline for new cheque standard (CTS-2010) extended to March 31, 2013
The RBI extended the deadline given to shift to new cheques (CTS-2010 Standard cheques), with advanced security and standardized features, to March 31, 2013. Earlier, it had set a December 31 deadline. What is Cheque Truncation? What are the Benefits ..
Month: Current Affairs - December, 2012
Tata Sons appoints Cyrus Mistry as it Chairman
Cyrus P Mistry will be the Chairman of Tata Sons from December 28 following retirement of Ratan N Tata. Ratan Tata will be conferred with the honorary title of Chairman Emeritus. Mistry has also been appointed as the Chairman of ..