BANKING AWARENESS

Reserve Bank of India (RBI) has decided to permit non-bank entities to set up, own and operate ATMs. Such ATMs will be called White Labe...

The Reserve Bank of India (RBI) has initiated action to expand the membership of Centralized Electronic Payment System (CEPS) m...

Planning Commission had constituted a High Level Committee on financial sector reforms under the Chairmanship of Shri Raghuram ...

National Bank for Agriculture and Rural Development (NABARD) was established on 12 July 1982 by an Act of the Parliament for pr...

There are 93,659 branches of Scheduled Commercial Banks (SCBs) functioning in the country as on 31st March, 2012, out ...

GENERAL AWARENESS   (With Special Reference to Banking Industry) (Exam Held on : 27-11-11) 1.    Which of the following organisation / a...

State Bank of India has launched a ‘virtual' electronic debit card for e-commerce transactions. The ‘State Bank Virtual' card c...

Punjab National Bank (PNB) the second largest public sector bank on 19 April 2012 reduced lending rates by lowering their benchmark rates ...

The Reserve Bank has made it mandatory for all banks to print the MICR and IFSE code on the passbook and statement of account of the cus...

Karnataka government on 19 April 2012 signed a memorandum of understanding (MoU) with Mizuho Corporate Bank of Japan. The high-level dele...