Latest Banking Current Affairs for #SBI Clerk ---------------------------------------------------------- -The Reserve Bank of India relaxed norms for overseas investment by Indian corporates by raising their borrowing limit. - Bank of Maharashtra was conferred ―Best Bank – Public Sector award in BFSI Awards: 2014 by World HRD Congress in recognition of its performance in Banking category. - Fitch Ratings has assigned Bank of Baroda’s $250 million senior unsecured notes due July 2019 a final rating of ‘BBB-’. ‘BBB’ ratings indicate that expectations of default risk - The Reserve Bank will shortly issue new Rs. 20 denomination banknotes in the Mahatma Gandhi series-2005 with inset letter E. These banknotes would bear the year of printing ’2014′ on the reverse side of the currency. - India will hold the Presidency of the USD 100 billion BRICS development bank for the first six years. - Kolkata-headquartered UCO Bank has set up an e-lobby with four self-operated machines for cash deposit, withdrawal, cheque deposit and pass book printing in the Supreme Court complex. - Corporation Bank will open 200 ‗Corp Excel‘ branches by the end of December 2015. - As a debate continues on alleged black money of Indians in Swiss banks, the authorities in Switzerland have come across a significant quantum of fake Indian rupee notes in their country — the third highest for any foreign currency after Euro and the US dollar. - Canara Bank signed an agreement with the Kochi Metro Rail Ltd on 20th July for a loan of Rs.1,170 crore to the Rs. 5,200-crore Kochi Metro project. - The RBI has set out a framework for identifying and dealing with large banks, termed domestic systemically important banks or D-SIBs.
Posted on: Sat, 23 Aug 2014 07:50:00 +0000
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