IBPS PO Clerk Banking Awareness News 2014 – Last Six Months
Banking General Awareness section is the vital and significant section for any bank recruitment exam. We know that the preparations will be on full swing as the exams are fast approaching. There is approximately a fortnight’s time available for the IBPS PO exams to start and after that there might be SBI Associates PO or IBPS Clerks. This is probably a festival season for all the candidates who are striving hard to make an entry into the banking sector. Never ever try to leave out any topic considering it to be unimportant. Each and every topic is important from the paper setter point of view! Many persons would have faced the same problem of neglecting a particular topic and getting at least 1 or 2 questions on that topic.
Candidates need to update their current affairs of the national and international importance along with the banking industry. Banking Awareness – This topic covers all the basic terminologies and definitions used in the banking world. That is, as we are entering into the banking field, we need to have knowledge regarding the alphabets of the banking system. That means that you need to know about the fundamentals of the banking system. To know about the fundamental systems, you need to study about: banking terminology, banking abbreviation and about RBI. This all comes under the fundamental section. Not only questions from fundamental section, there will be questions from recent news in the banking sector.
Keeping an eye on the latest happenings can help candidates to perform well. There will also be questions related to economy and finance under the banking awareness section. All the questions will be regarding the updates about each of them in the last few months. For example, there might be questions regarding the current monetary rates and new proposals of various committees on banking and such questions. We here, provide you with the latest and best news in the banking industry went on in the Month of April and May. We hope that this will help you a bit in regarding giving you the best news and information from a collection of news from various number of sites.
APRIL
Election commission allows RBI to announce new bank license while presenting the bimonthly monetary policy review
RBI Governor Raghuram Rajan approved license for IDFC and Bandhan Financial on April 1st, 2014
R Gandhi appointed as RBI Deputy Governor for a period of three years in place of Anand Sinha
India GDP forecast to 5.5 percent in 2014-15 according to report by the Asian Development Outlook 2014-09-18
RBI announced first BI-monthly Monetary policy statement 2014-15 and kept unchanged
RBI capped WMA limit for central government at 35000 crore rupees for 2015 first half
Asian Development Outlook 2014 released by the Asian Development Bank
RBI in its first monetary policy statement: Banks should not impose financial penalty charges for non-maintenance of minimum balance
RBI adopted CPI as new measure of Inflation
French bank creates USD 100 million loan portfolio in Sanand in a year
Societe Generale launches financial inclusion programme in Gujarat’s sanand
Deutsche Bank hires credit Suisee Banker ‘Rahul Chawla’
India was ranked 102 out of 132 countries on the Social Progress Index (SPI) published by the US-based non-profit organisation Social Progress Imperative
India became net steel exporter after a gap of 6 years
RBI to issue Rs. 10 notes with governor Raghu Ram Rajan’s signature
World Trade Organization: World Trade to grow by 4.7 percent in 2014
ChrysCap puts $30m to hike stake in ING Vysya Bank
Doha Bank to buy Indian banking operations of HSBC Bank Oman
MAY
RBI allows the minors of age above 10 years to open savings bank accounts
President of India launched Rupay, Indigenous card payment System at Rashtrapati Bhawan in Delhi
Indian Companies are not permitted to raise External Commercial Borrowings: RBI
RBI has allowed the overseas branches of domestic banks to offer structured derivatives even if the products are not allowed in India, at present
Raghuram Rajan: Plastic currency notes to be launched in 2015 after field trials in five cities
Bharatiya Mahila Bank included in the second schedule to the Reserve Bank of India Act, 1934 and become eligible for loans from RBI on bank rate
RBI allowed star houses (SRH) and premier trading houses (PTH) to import gold under 20:80 scheme
RBI directed all new ATMs to be installed by commercial banks from July onwards and provide audible instructions and Braille keypads to customers
RBI asks Kotak Mahindra Bank to cut promoters stake to 40% by Spetmber, 2014
Barclays promotes Neel Shahani as head of India equities business
Yes Bank raises $500M through QIP
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