Economy, RBI, Banking Current Affairs 2017 Pdf – Dear Readers, here we are

providing the latest Current Affairs related to Banking Industry, Recent Updates in
Banking Sector (RBI/ World Bank/ ADB), Important Banking Awareness News,
Month wise Current Affairs GK 2017 Economy, RBI, Banking News Pdf. And
which will be asked in All competitive exams like UPSC, SSC, RRB, Bank PO,
Clerk Exams IBPS, RRB, SBI, Manipal etc under general awareness with special
reference to banking industry.
Post Contents
 Latest Appointments in Banking Sector – Current Affairs GK 2017
 Economy, RBI, Banking Current Affairs 2017 Pdf - May
 Economy, RBI, Banking Current Affairs 2017 Pdf - April
 Economy, RBI, Banking Current Affairs 2017 Pdf - March
 Economy, RBI, Banking Current Affairs 2017 Pdf - February Month
 Economy, RBI, Banking Current Affairs 2017 Pdf - January Month

Latest Appointments in Banking Sector –

Current Affairs GK 2017
Paytm Payments Bank CEO - Renu Satti

Deputy Governor of Reserve Bank of India – B P Kanungo (He has been appointed
in place of R Gandhi)

LIC Managing Director - Hemant Bhargava

LIC Housing Finance new MD & CEO - Vinay Shah

Principal Economic Adviser - Sanjeev Sanyal (former MD of Deutsche Bank)

National Stock Exchange (NSE) new CEO and Managing Director - Vikram
Limaye (former IDFC chief)

India Post Payments Bank (IPPB) interim Managing Director and CEO - AP Singh

Karnataka Bank Ltd new MD and CEO - Mahabaleshwara Mavinakudige

Subrahmanya

Click here for Public Sector Banks CMDs, Head Offices, Taglines
Economy, RBI, Banking Current Affairs 2017 Pdf Download

Economy, RBI, Banking Current Affairs

2017 Pdf - May
EPFO has approved hike in investment limit in exchange traded funds (ETFs) to
15%, from the existing 10%.
ICICI Bank chief Chanda Kochhar has become the first Indian woman to be
conferred with the prestigious Woodrow Wilson Award for Global Corporate
Citizenship.

India’s GDP projected to grow 7.4% in 2017-18: FICCI survey

The government has revised the base year of Wholesale Price Index, WPI and
Index of Industrial Production, IIP to 2011-2012 from 2004-05.

India to grow at 7.7 per cent in 2018-19: IMF

Reliance, SAP launch 'SARAL GST' solution for taxpayers

India expected to achieve 7.1% growth this year: UN report

Economy, RBI, Banking Current Affairs

2017 Pdf - April
YES BANK has won the prestigious ‘Golden Peacock Innovative Product/ Service
Award 2017’ (in Financial sector Banking) for its innovative mobile technology
product SIMsePAY.

e-SOT and e-PRAN card launched for Atal Pension Yojana subscribers.

India’s economy will grow by 7.2% in 2017-18, predicts World Bank

The International Monetary Fund (IMF) projected a growth for the world economy
at 3.5 per cent in 2017.

Finance Ministry approves 8.65% interest rate on EPF

The Reserve Bank of India has set up two new Offices of the Banking Ombudsman
for the State of Jammu and Kashmir (in Jammu) and Chhattisgarh (in Raipur).

The ICICI Bank Data Centre in Hyderabad has achieved the distinction of
becoming the country's first Platinum rated project under IGBC (Indian Green
Building Council) Green Data Centre Rating System.

SBI surpassed ONGC to become most valued PSU stock in terms of market
capitalization.

RBI signed MoU with the Royal Monetary Authority of Bhutan

SBI Card launched a unique credit card ‘SBI Card Unnati’, any SBI customer with
a balance of at least Rs 25,000 in his/her savings account with the bank would be
eligible for the Unnati credit card without the need for any credit score or credit
history.

Economy, RBI, Banking Current Affairs

2017 Pdf - March
Goods and services tax (GST) is set to be rolled out from July 1, 2017

All branches of State Bank of Bikaner and Jaipur (SBBJ), State Bank of
Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and
State Bank of Travancore (SBT) will function as branches of State Bank of India
from April 1, 2017.

Bharatiya Mahila Bank to be merged with SBI

ICICI Bank launches a new mobile app 'Mera iMobile' for rural customers

As per RBI data, ICICI Bank topped the list of banks that witnessed most number
of frauds, SBI taking the second spot.

Non-Banking Finance Companies (NBFCs) cannot lend more than Rs.25,000 in

cash against gold according to RBI.

SBI recently announced that penalty for non-maintenance of Minimum Average

Balance (MAB) from April 1, 2017.

Axis, HDFC, ICICI to charge Rs. 150 after 4 cash transactions

Global rating agency Fitch stated that Indian economy will grow by 7.1% in the
current fiscal, 2016-2017.

According to the Financial Times, China’s banking system has overtaken the
eurozone to become the world’s biggest by assets.

HDFC Bank launched India’s first artificial intelligence based banking chatbot
Electronic Virtual Assistant (EVA) for customer services.

NPAs of public sector banks at record high of Rs 6.8 lakh crore

According to the RBI, bank branches that refuse to exchange soiled notes from
people will have to pay a penalty of Rs 10,000.

The government has shifted the responsibility of promoting digital transactions in

the country to the Ministry of IT and Electronics (MEITY) from NITI Aayog.
IRDAI has imposed a penalty of Rs 20 lakh on ICICI Prudential Life Insurance
Company.

Project Ananya – Syndicate Bank

Karur Vysya Bank (KVB) has been adjudged the ‘Best Small Bank for 2016’.

Economy, RBI, Banking Current Affairs

2017 Pdf - February Month
Karnataka Bank has bagged two ‘IBA-Banking Technology’ awards.

RBI Doubles Gold Loan Limit for Regional Rural Banks to Rs.2 lakhs

Government has allocated an amount of Rs 500 crore to India Post Payments Bank
for the financial year 2017-18 to help it in setting up 650 branches across country
by September 2017.

Union Government has decided to launch ‘Indradhanush 2.0’ for recapitalisation of

public sector lenders so that the banks remain solvent and fully comply with the
global capital adequacy norms namely Basel-III.

ICICI Securities inks partnership with Denmark's Saxo Bank.

Bank of Baroda has tied up with IFFCO, to provide co-branded debit cards for
farmers.

RBI declared that, 9.92 lakh crore new notes infused into market as on January 27,
2017.

RBI announced that, Inflation seen at 4-4.5% for April-September,2017.

HDFC Bank, Kotak Mahindra Bank go live with Bharat Bill Payment System
(BBPS)

Ujjivan Small Finance Bank (CMD - Samit Ghosh) Starts Pilot Operation in
Bengaluru

Axis Bank has tied up with Earthport Plc (a cross-border payment network)

Bank of Maharashtra has partnered with insurance company Cigna TTK Health

Corporation Bank has signed an agreement with Religare Health Insurance Co Ltd
to market its products and services.
The Union Budget has allocated Rs. 10,000 crore towards recapitalisation of public
sector banks in FY2017-18.

Govt has decided to set up a Dairy Processing and Infrastructure Development

Fund in NABARD with a corpus of Rs 8,000 crores over three years.

If the income tax return is furnished after the due date but on or before the
December 31 of the assessment year, there will be a fine of Rs 5,000 imposed. In
other cases, there will be an imposition of a fine of Rs 10,000.

The General Anti Avoidance Rule (GAAR) will be effective from 1 April, 2017

Click here for Important Acts in Banking Sector Pdf

Economy, RBI, Banking Current Affairs
2017 Pdf - January Month
SBI has launched a wealth management product named 'SBI Exclusif' in Kochi,
Kerala

Financial Action Task Force (FATF)

Wholesale reinsurance provider ‘Swiss Re’ has received approval from the
Insurance Regulatory and Development Authority of India (IRDAI) to open a
branch in Mumbai.

The Reserve Bank of India RBI has declared that Rescheduled Education Loans
will not be considered for Computing NPAs.

Utkarsh Micro Finance launches its Small Finance Bank, this makes Utkarsh the
third company to operate as small finance bank after Capital Local Area Bank &
Ujjivan small finance Bank.

To educate awareness on banking codes at grass root level, The Banking Codes
and Standards Board of India (BCSBI) will organise “know your rights”
programme in all the states.

100% FDI under consideration in food processing sector.

Mumbai based dairy firm Kwality Ltd has signed an MoU with Bank of Baroda to
provide Rs. 4000 crore loans to one lakh farmers

Punjab National Bank launched a Contactless Credit Card named ‘PNB Wave N
Pay’.
Reserve Bank of India (RBI) has imposed a penalty of Rs 75 lakh on Bombay
Mercantile Co-operative Bank for violations of norms related to KYC and anti-
money laundering.

Government has clarified that Co-operative Banks are not authorised to accept
deposits under the Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS).

India's biggest aircraft carrier ship INS Vikramaditya first to have ATM (State
Bank of India) onboard.

World Bank Sanctions Rs 1,376 Cr For Tripura Power Upgradation.

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Economy, RBI, Banking Current Affairs 2017 Pdf