Logo

Short Messages

 

Short Messages Category
All Short Messages - Banking
  • Names of Reports published by Organisation 👇
    1. Global Financial System Report --     BIS (Bureau of Indian Standards)
    2. Global Money Laundering Report-- FATF (Financial Action Task Force)
    3. India State of Forest Report -- Forest Survey of India
    4. Change the World List Data----- Fortune
    5. Ease of Doing Business ---IBRD (World Bank)
    6. World Development Report ---IBRD (World Bank)
    7. Safety Reports ---ICAO(International Civil Aviation Organization)
    8. Global Hunger Index report --- IFPRI(International Food PolicyResearch Institute)
    9. World Employment and SocialOutlook--ILO (International Labour Organization)
    10. World of Work Report ---ILO (International Labour Organization)
    11. World Social Protection Report ----ILO (International Labour Organization)
    12. Global Wage Report ---ILO (International Labour Organization)
    13. World Economic Outlook ---IMF (International Monetary Fund)
    14. Global Innovation Index Published ----INSEAD
    15. OPEC Monthly Oil Market Report ----OPEC(Organization of the PetroleumExporting Countries )
    16. World Oil Outlook ---OPEC(Organization of the PetroleumExporting Countries )
    17. Global Corruption Report --- (GCR) Transparency International
    18. Levels and Trends in ChildMortality Report
    UN Inter-agency Group
    19. World Investment Report ----UNCTAD (United Nations Conferenceon Trade and Development)
    20. Global education monitoring Report---- UNESCO(United Nations Educational,
    Scientific and Cultural Organization)
    21. State of world population ----UNFPA(United Nations PopulationFund)
    22. The State of the World’s Childrenreports---UNICEF  United Nations Children’s
    Emergency Fund )
    23. Reports on Counterfeiting and
    Organized Crime---UNICRI(United Nations Interregional
    Crime and Justice Research Institute)
    24. Industrial Development Report ----UNIDO(United Nations IndustrialDevelopment Organization )
    25. Global Report on Trafficking inPersons---UNODC (United Nations Office onDrugs and Crime)
    26. World Drug Report ----UNODC(United Nations Office on Drugs and Crime)
    27. World Intellectual Property Report(WIPR)--WIPO(World Intellectual PropertyOrganization)

  • Reviews


  • Financial Literacy Week starts with theme ‘Customer Protection’
    =================
    ▪️Reserve Bank of India is conducting Financial Literacy Week from June 4 on the theme ‘Customer Protection’. The week-long event is to focus on creating awareness among customers of banks.

    ▪️According to RBI, the event will emphasise on awareness about different financial products, services, digital applications and good financial practices.

    ✔️ About Financial Literacy Week

    ▪️RBI had introduced financial literacy week in 2016 to create a large scale awareness on key topics. Non-Governmental Organisations collaborate with banks and made this initiative successful in the past two years. Last year’s theme of the week was, ‘Know Your Customer’.

    ▪️The focus of this year is consumer protection messages like, Know your liability. The customers will be educated upon the safe digital banking practices.

    ▪️RBI underlines that, in cases of unauthorised electronic banking transactions when informed in 3 days, the liability of account holder is zero.

    ▪️RBI says that resolution of such transactions will be the responsibility of the concerned bank.

    ▪️The bank should resolve the issue as soon as possible within 90 days from the day of receipt of the complaint. Other focus point of financial Literacy week includes, creating awareness about Banking Ombudsman Scheme of RBI.

    ▪️Bankers, Financial Literacy Counsellors and other stake holders will be the major participants in the event.

  • Reviews


  • Reviews


  • The Reserve Bank of India (RBI) has announced it has imposed a penalty of Rs 6 crore on Yes Bank for not complying with the directions of the central bank.

  • Reviews


  • The State Bank of India (SBI) has recently signed an agreement with Escorts Ltd to finance farmers for purchase of Escorts tractors.

  • Reviews


  • Suresh Sethi, the former MD of Vodafone M-Pesa Ltd., has been appointed as the new Managing Director & Chief Executive Officer (MD & CEO) of India Post Payments Bank (IPPB). 

  • Reviews


  • India Post Payments Bank (IPPB) has appointed Mr. Suresh Sethi, the former MD of Vodafone M-Pesa Ltd. as its Managing Director & Chief Executive Officer. 

  • Reviews


  • Rajnish Kumar, the Managing Director of SBI, has been appointed as the new chairman of the State Bank of India (SBI) for a period of three years.

  • Reviews


  • IDBI Bank has launched ‘Project Nishchay’ in partnership with the Boston Consulting Group (BCG) to accelerate its turnaround program and improve financial performance. 

  • Reviews


  • The Centre has appointed Mohammad Mustafa, a 1995 batch IAS officer, as Chairman and Managing Director of Small Industries Development Bank of India (SIDBI).

  • Reviews


  • Public sector lender IDBI Bank has initiated a turnaround plan - 'Project Nishchay' in consultation with The Boston Consulting Group (BCG).

  • Reviews


  • Nachiket Madhusudan Mor has been re-appointed as a member of the Eastern local board of the Reserve Bank of India (RBI).

  • Reviews


  • The government today gave its go ahead to the RBI to issue 200 rupee notes that will ease pressure on lower-denomination currency bills.

  • Reviews


  • Dr. Mamta Suri has taken charge as Executive Director of Insolvency and Bankruptcy Board of India (IBBI) in New Delhi on August 16, 2017. 

  • Reviews


  • The first regional centre of the New Development Bank, set up by India and other BRICS nations, was officially opened in Johannesburg by South African President Jacob Zuma and the banks Indian head K V Kamath.

  • Reviews


  • The Reserve Bank of India has accorded their approval for the appointment of Shri P R Seshadri as Managing Director & Chief Executive Officer of Karur Vysya Bank Ltd for a period of three years from the date of his taking charge.

  • Reviews


  • The nation's largest lender State Bank of India launched a CSR initiative, SBI Gram Seva, which will work in the areas of health, education, environment and rural infrastructure.

  • Reviews


  • The National Bank for Agriculture and Rural Development (NABARD) has conferred the ‘best performance award’ for 2015-16 and 2016-17 to Karnataka Vikas Grameen Bank (KVGB) for its work in the field of credit-linking joint liability groups (JLGs). The KVGB is sponsored by syndicate bank.

  • Reviews


  • RBI will shortly issue new banknotes of Rs 50 denomination in the Mahatma Gandhi (New) Series. 

  • Reviews


  • Dr. Mamta Suri has taken charge of Executive Director of Insolvency and Bankruptcy Board of India (IBBI).

  • Reviews


  • The Canara Bank has recently launched two digital products: ‘Bharat QR’, a platform for payment settlement at merchant locations, and Bharat Bill Payment System (BBPS) is an integrated bill payment system for Net banking customers.

  • Reviews


  • The country's largest private sector lender, ICICI Bank launched instant credit cards enabling its savings account customers to get a credit card instantly, in a completely digital and paperless manner.

  • Reviews


  • Kotak Mahindra Bank has launched Kotak Remit — an Aadhaar-based integrated outward forex remittance solution for both customers and non-customers.

  • Reviews


  •  State Bank of India plans to raise Rs 2,000 crore by allotting Basel-III compliant bonds to various investors.

  • Reviews


  • The Reserve Bank of India has imposed a monetary penalty aggregating  Rs. 3 crore on Union Bank of India for non-compliance with the regulatory direction on ‘know-your-customer’ (KYC) norms.

  • Reviews


  • The Reserve Bank of India (RBI) cut its key lending rate by 25 basis points to its lowest since November 2010, raising hopes of lower EMIs on home and car loans.

  • Reviews


  • The National Payments Corporation of India (NPCI) has received final nod from the Reserve Bank of India (RBI) to function as the Bharat Bill Payment Central Unit (BBPCU) and operate the Bharat Bill Payment System (BBPS).

  • Reviews


  • Axis bank has acquired Snapdeal-owned mobile wallet FreeCharge in an all-cash deal worth Rs 385 crore to strengthen its position in the payments space.

  • Reviews


  • The Canara Bank has launched its first digital banking branch “CANDI” at Spencer Towers in MG Road, Bengaluru to provide an end-to-end digital experience to customers.

  • Reviews


  • Reserve Bank of India (RBI) has informed that Supervisory Colleges have been setup for the following six Scheduled Commercial Banks which have sizeable international presence:- State Bank of India, ICICI Bank Ltd., Bank of India, Bank of Baroda, Axis Bank Ltd. and Punjab National Bank.

  • Reviews


  • The board of directors of Axis Bank approved the re-appointment of Shikha Sharma as Managing Director and CEO of the bank, for a period of three years with effect from June 1, 2018 to June 2021.

  • Reviews


  • State-owned Punjab National Bank (PNB) and Bajaj Allianz General Insurance have signed an agreement for the distribution of insurance products through the branches.

  • Reviews


  • Reserve Bank of India will shortly issue 20 rupee bank notes in the Mahatma Gandhi Series, with the inset letter S in both the number panels.

  • Reviews


  • Small Industries Development Bank of India (SIDBI) organized a brief interactive workshop at Mumbai on the issue of enhanced access of MSMEs to capital markets including SME Trading Platform and Institutional Trading Platform.

  • Reviews


  • ICICI Bank has launched a facility whereby its existing salaried customers can avail personal loans at ATMs.

  • Reviews


  • India’s largest commercial bank State Bank of India (SBI) launched SBI Realty, a dedicated portal that will help home buyers to choose flats from its 3,000 approved projects across the country.

  • Reviews


  • According to the World Bank's latest edition of the Global Economic Prospects, India is the fourth fastest growing economy in the world.

  • Reviews


  • Reserve Bank of India (RBI) has informed that they have set up an Enforcement Department (EFD).

  • Reviews


  • Axis Bank has entered into collaboration with Inter-American Investment Corporation (IIC) to facilitate trade with Latin America and the Caribbean.

  • Reviews


  • Axis Bank has tied up with Inter-American Investment Corporation (IIC) to facilitate trade with Latin America and the Caribbean.

  • Reviews