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RBI publishes Payment and Settlement Systems in India: Vision-2018

Vision-2018 revolve around 5 Cs – coverage, convenience, confidence, convergence and cost, which can be achieved with focus on four strategic initiatives, viz., responsive regulation, robust infrastructure, effective supervision and customer centricity.

Recommended for : Vision-2018 , Reserve Bank of India , RBI , Payment and Settlement Systems in India ,

N Srinivasan re-elected President of Tamil Nadu Cricket Association for 15th term

He along with the other office bearers of the state cricketing body for the current season were elected at its 86th annual general body meeting in Chennai based on consensus.

Recommended for : BCCI chief , N Srinivasan , Tamil Nadu Cricket Association , TNCA , Kasi Viswanathan , AC Muthiah

Current Affairs Recap of the Week: 20 June to 25 June 2016

Jagranosh.com brings for its readers the current affairs recap of the week covering important events of the national and international importance in bulleted forms which will be immense help for the aspirants of IAS/PCS, Bank, SSC, MBA and other exams.

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Six Indian WW1 warriors gets place in Digital Archive of United Kingdom

These six Indian soldiers were part of some 175 men from 11 overseas countries who were awarded Britain’s award for valour, the Victoria Cross (VC), during the war.

Recommended for : Indian war heroes , World War I , World War Heroes , Foreign and Commonwealth Office , Britain

विश्व बैंक ने इंडिया डेवलपमेंट अपडेट 2016 जारी किया

भारत की विकास दर साल 2016-17 में 7.6 फीसदी रहेगी, जबकि 2017-18 में यह 7.7 फीसदी और 2018-19 में 7.8 फीसदी हो सकती है.

Recommended for : World Bank , releases , India Development , Update 2016 , विश्व बैंक , ने इंडिया डेवलपमेंट , अपडेट 2016 जारी किया

Special package for employment generation and promotion of exports in Textile and Apparel sector approved

The package includes a slew of measures which are labour friendly and would promote employment generation, economies of scale and boost exports.

Recommended for : special package , union cabinet , textile sector , apparel , exports , employment

Nikesh Arora resigns as President and COO of SoftBank Group

However, Arora will assume an Advisory Role effective 1 July 2016.

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World Bank releases India Development Update 2016

It reviews the current challenges in India’s financial sector and analyzes some of the impacts of the recommendations of the 14th Finance Commission on Indian states.

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SBI named in Hall Of Shame list of Banks funding Cluster Bomb Makers

State Bank of India (SBI) is the only Indian entity on the list that includes global giants like JP Morgan, Barclays, Bank of America and Credit Suisse.

Recommended for : SBI , Hall Of Shame list , Cluster Bomb Makers , PAX , Cluster Munitions , State Bank of India

Current Affairs Recap of the Day: 21 June 2016

The recap of the day covers important current affairs of the day like International Yoga Day, TOP500 list of Supercomputers and Hall of Shame List of Banks in India among others.

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ONGC, Surat Recruitment 2016 for 05 Medical Officer Posts

ONGC, Surat invited applications for 05 Medical Officer posts for the period of two years i.e. up to 30 June 2018. Eligible candidates can appear for walk-in-interview scheduled to be held on 01 July 2016.

Recommended for : ONGC recruitment 2016 , jobs at ONGC , Medical Officer jobs 2016

‘क्लस्टर बम’ निर्माताओं के वित्तपोषण के लिए भारतीय स्टेट बैंक ‘हॉल ऑफ शेम’ की सूची में शामिल

कुल 158 बैंकिंग और वित्तीय संस्थानों ने क्लस्टर बम बनाने वाली कंपनियों में अरबों डॉलर का निवेश किया है. एसबीआई इस सूची में एकमात्र भारतीय संस्थान है.

Recommended for : SBI in Hall of Shameof banks , funding , cluster bomb , क्लस्टर बम निर्माताओं , वित्तपोषण , भारतीय स्टेट बैंक , हॉल ऑफ शेम की सूची में शामिल

Current Affairs Recap of the Week: 13 June – 18 June 2016

Jagranosh.com brings for its readers the current affairs recap of the week covering important events of the national and international importance in bulleted forms which will be immense help for the aspirants of IAS/PCS, Bank, SSC, MBA and other exams.

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State Bank of India floats IT Innovation Start-up Fund to assist start-ups in fintech space

The traditional banks around the world are opening up to work with fintech firms which are disrupting business models by using technology to deliver services at lower cost.

Recommended for : State Bank of India , SBI , IT Innovation Start-up Fund , Start-ups , Fintech space

Scientists announces Human Genome Project-Write to synthesize entire genome

Its proponents envision a project on the same scale as the Human Genome Project-Read (HGP-Read) under which human genome was sequenced in 2003.

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डीबीएस बैंक ने नीरज मित्तल को संस्थागत बैंकिंग प्रमुख नियुक्त किया

नीरज मित्तल समूह के कार्यकारी और सिंगापुर में संस्थागत बैंकिंग समूह के प्रमुख, जेनेट वोंग, और डीबीएस इंडिया के सीईओ सुरोजीत शोम को रिपोर्ट करेंगे.

Recommended for : DBS Bank , Niraj Mittal , institutional banking head , डीबीएस बैंक , नीरज मित्तल

वरिष्ठ आईएएस अधिकारी सुप्रिया साहू दूरदर्शन की महानिदेशक नियुक्त

पारिस्थितिकी तंत्र की रक्षा के लिए हिल स्टेशन ऊटी में प्लास्टिक के प्रयोग पर प्रतिबन्ध लगाने के पीछे कलेक्टर के रूप में इनकी मुख्य भूमिका रही.

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Union Cabinet approved merger of SBI with its five subsidiaries

Apart from this, the Bharatiya Mahila Bank will also be merged with the SBI and the cabinet had cleared this proposal too.

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केंद्रीय मंत्रिमंडल ने पांच सहायक कंपनियों के साथ भारतीय स्टेट बैंक के विलय को मंजूरी दी

स्टेट बैंक ऑफ़ इंडिया के इस विलय से 37 लाख करोड़ रुपये का आधारभूत पूँजी लाभ एवं 22500 शाखाओं तथा 60000 एटीएम मशीनों का एकीकृत विशाल बेड़ा तैयार होगा.

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Senior IAS officer Supriya Sahu appointed as Director General of Doordarshan

She would replace Aparna Vaish who was acting head of Doordharsan. She was appointed after the board decided to appoint the senior-most additional director general (ADG) at Doordarshan.

Recommended for : Senior IAS officer , Supriya Sahu , Director General of Doordarshan

DBS Bank appoints Niraj Mittal as institutional banking head

Prior to DBS Bank, Mittal served as Managing Director and Head of institutional banking business (North India) at The Royal Bank of Scotland NV (RBS).

Recommended for : DBS Bank , Niraj Mittal , Royal Bank of Scotland , Swiss Bank

फ्लोरिडा के स्टोनगेट बैंक ने क्यूबा में उपयोग के लिए पहला अमेरिकी क्रेडिट कार्ड जारी किया

पोम्पानो समुद्र तट पर स्थित स्टोनगेट क्यूबा में इस्तेमाल किये जा सकने योग्य एक डेबिट कार्ड शुरू करने वाला पहला अमेरिकी बैंक है.

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Union Cabinet approved Bill to fast track recovery of bad loans

The Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016 seeks to improve ease of doing business by fast tracking recovery of bad loans.

Recommended for : fast track loan recovery , NPA , non performing assets , Security Interest , Recovery of Debts , banking , SARFESI Act

Gunit Chadha resigns as CEO of Deutsche Bank Asia Pacific Region

Earlier in June 2016, the bank announced that Quintin Price, Head of its asset management business and a member of the management board is also set to quit.

Recommended for : Gunit Chadha , resigns , CEO of Deutsche Bank , Asia Pacific Region

गुणित चड्ढा ने ड्यूश बैंक एशिया प्रशांत के मुख्य कार्यकारी अधिकारी के पद से इस्तीफा दिया

अक्टूबर 2015 में वे एशिया प्रशांत के लिए मुख्य कार्यकारी अधिकारी नियुक्त हुए. ड्यूश बैंक से पहले, वे आईडीबीआई बैंक लिमिटेड के सीईओ थे.

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Indian Diabetes specialist Shashank S Shah wins Vivian Fonseca Scholar Award 2016

The award was given by American Diabetes Association (ADA) for his pioneering research on diabetes in South Asia.

Recommended for : Indian Diabetes specialist , Shashank S Shah , Vivian Fonseca Scholar Award 2016

Florida’s Stonegate Bank to issue first US credit card for use in Cuba

US citizens traveling to Havana can now do so without exchanging dollars, at a 10-percent fee, into the Cuban peso if they are using the Stonegate cards.

Recommended for : Florida , Stonegate Bank , credit card , America , Cuba , Cuban peso , Stonegate cards

What, Why and How of Cloud Computing

Cloud computing has become ubiquitous in India in recent years. The technology encompassed mundane activities of individuals like social networking, mail, online purchases as well as large scale operations of multinational companies including big data, Internet of Things (IoT), etc.

Recommended for : cloud computing , emerging technologies , big data , computers , communication , digital India

Justice Rakesh Ranjan Prasad takes charge of Chief Justice of Manipur HC

He succeeded Justice Laxmi Kanta Mohapatra who relinquished the office on 9 June 2016.

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RBI introduces Scheme for Sustainable Structuring of Stressed Assets

The guidelines were issued with an aim to further strengthen the lenders’ ability to deal with stressed assets and to put real assets back on track.

Recommended for : RBI , Scheme for Sustainable Structuring , Stressed Assets , S4A , Reserve Bank

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