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Ga Power Capsule | Lic Aao Mains 2019 1 Report The
GA POWER CAPSULE | LIC AAO MAINS 2019 Contents GA POWER CAPSULE | LIC AAO MAINS ................................................................................................................... 2 Must DO Current Affairs for the LIC AAO 2019 ............................................................................................................. 2 Banking Current Affairs .................................................................................................................................................... 14 Economy/Financial/Business Current Affairs .............................................................................................................. 18 AGREEMENTS/MOU SIGNED ...................................................................................................................................... 21 NEW APPOINTMENTS: NATIONAL ........................................................................................................................... 26 NEW APPOINTMENTS: INTERNATIONAL ............................................................................................................... 28 AWARDS & RECOGNITION .......................................................................................................................................... 29 SUMMITS|EVENTS|FESTIVALS Held (NATIONAL/INTERNATIONAL) .......................................................... 32 COMMITTEES IN NEWS ................................................................................................................................................ -
Shri Basudeb Acharia Called the Attention of the Minister of Finance
12.13 hrs Title: Shri Basudeb Acharia called the attention of the Minister of Finance to the situation arising out of the management of IDBI against their employees by changing service conditions and suspending and transferring employees, thereby violating the RBI Act and steps taken in this regard.. SHRI BASU DEB ACHARIA (BANKURA): Sir, before I call the attention of the hon. Minister, I would like to draw your attention that today there is a very important subject under Rule 193. MR. SPEAKER: Not now. SHRI BASU DEB ACHARIA : Sir, the time has not been fixed...(Interruptions) MR. SPEAKER: No, sorry. This is not the time to raise it. Mr. Acharia, you are a very experienced Member. I have asked you for a specific subject and you are raising question. SHRI BASU DEB ACHARIA : Sir, when will that be taken up? MR. SPEAKER: That we will decide. This is not the way to discuss here. SHRI BASU DEB ACHARIA : Sir, I call the attention of the Minister of Finance to the following matter of urgent public importance and request that he may make a statement thereon: "Situation arising out of action by the management of IDBI against their employees by changing service conditions and suspending and transferring employees, thereby violating the RBI Act and steps taken by the Government in this regard." MR. SPEAKER: Mr. Minister, you can lay it on the Table of the House. I think, it has been circulated to you, Mr. Ahcaria. THE MINISTER OF STATE IN THE MINISTRY OF FINANCE AND MINISTER OF STATE IN THE MINISTRY OF PARLIAMENTARY AFFAIRS (SHRI PAWAN KUMAR BANSAL): Sir, with your permission, I wish to lay the statement on the Table of the House: IDBI Bank is a government banking company and in terms of Article 4 of Articles of Association of IDBI Bank, the Government of India being the major and single largest shareholder shall at all times maintain not less than 51% of the issued capital of the Bank. -
University News Vol-59, No-10, March 08-14, 2021
ASSOCIATION OF INDIAN UNIVERSITIES AIU House, 16, Comrade Indrajit Gupta Marg New Delhi 110 002 EPABX : 011-23230059, FAX : 011-23232131 E-mail IDs : [email protected] / [email protected] / [email protected] Website : http://www.aiu.ac.in The payment to Association of Indian Universities may be made using any of the following modes : A. IN CASH : The required amount could be remitted directly to our Saving Account in any branches of Canara Bank. B. DEMAND DRAFT ONLY : Such instrument is required to be prepared be in the name of “ASSOCIATION OF INDIAN UNIVERSITIES” (payable at New Delhi), preferably from the Nationalised Banks ONLY. C. CHEQUES OF ANY KIND ARE NOT ACCEPTABLE. D. Also, the Demand Drafts of Banks falling under the categories of “Grameen’, ‘Sahakari’, Co-operative and alike are NOT ACCEPTABLE. Hence, Colleges/ Institutions/ Universities may send the requisite amount by NEFT/RTGS through these banks for crediting the amount directly to our Account. E. NEFT/RTGS/Net Banking/BHIM/G-pay/UPI, AIU Web Portal, etc.: The requisite amount could be transferred for its direct remittance to our Saving Account by NEFT/RTGS/Net Banking/BHIM/ G-Pay/UPI, etc. using the following data: 1 Bank Account No. 0158101000975 (Saving) 2 Beneficiary Name Association of Indian Universities 3 Address 16, Comrade Indrajit Gupta Marg New Delhi – 110 002 4 Bank & Branch Name CANARA BANK DDU MARG 5 Bank’s Address “URDU GHAR” 212, Deen Dayal Upadhayaya Marg New Delhi – 110 002 6 MICR Code 110015005 7 Branch Code 0158 8 IFSC Code CNRB 0000158 9 PAN NO. -
President of India Honoured Women Achievers with Nari Shakti Puraskar
President of India honoured women achievers with Nari Shakti Puraskar INTERNATIONAL NEWS International women’s day was celebrated on March 8th. International women’s day(IWD) was celebrated on March 8th of every year with a view to celebrate and honour women achievers in various field and to induce gender equality among the society. The theme for IWD 2020 is “I am Generation Equality: Realizing Women’s Rights". In India various schemes and initiatives were launched by the Government with the view of providing assistance to the women in the country in various sectors. Denys Shmygal has become the new PM of Ukraine. After the resignation of PM Oleksiy Honcharuk, Ukraine parliament or Verkhovna Rada approved Denys Shmygal as a new Prime Minister. FACT: President of Ukraine - Volodymyr Zelensky Capital of Ukraine – Kyiv. Mars 2020 rover was named as Perseverance: NASA National Aeronautics and Space Administration(NASA) has announced that the name of the 5th Mars (red planet) rover as Perseverance, earlier the rover was known by its codename Mars 2020. The name was suggested by Alexander Mather, 7th grade student of a school in Burke, Virginia. FACT: Headquarters of NASA - Washington, D.C., United States. Administrator of NASA - Jim Bridenstine. NATIONAL NEWS MSDE launches Mahatma Gandhi National Fellowship programme The Ministry of Skill Development and Entrepreneurship (MSDE) has launched the Mahatma Gandhi National Fellowship programme in the Indian Institute of Management in Bengaluru. The Fellowship programme was launched as a part of the SANKALP programme of the ministry to provide skilled manpower for District Skill Committees to prepare the District Skill Development plan. -
List of Indian Public Sector Banks :- (Click to Visit the Website of the Bank)
List of Banks in India - 2014 Directory of Public Sector / Private Sector / Foreign Banks List of Indian Public Sector Banks :- (Click to visit the website of the Bank) Nationalized Banks, State Bank Group Banks have been included here as PS Banks : Allahabad Bank Andhra Bank Bank of Baroda Bank of India Bank of Maharashtra Canara Bank Central Bank of India Corporation Bank Dena Bank IDBI Bank Limited Indian Bank Indian Overseas Bank IDBI Bank Industrial Development Bank of India Oriental Bank of Commerce Punjab & Sind Bank Punjab National Bank State Bank of Bikaner and Jaipur State Bank of Hyderabad State Bank of India State Bank of Mysore State Bank of Patiala State Bank of Travancore Syndicate Bank UCO Bank Union Bank of India United Bank Of India Vijaya Bank (a) The following two State Bank Group Banks have since been merged with SBI) State Bank of Indore (since merged with SBI) State Bank of Saurashtra (since merged with SBI) ( b) New Bank of India (a nationalised bank) was merged with Punjab National Bank in 1993 List of Private Sector Banks in India Ads by Google Axis Bank Catholic Syrian Bank Ltd. IndusInd Bank Limited ICICI Bank ING Vysya Bank Kotak Mahindra Bank Limited Karnataka Bank Karur Vysya Bank Limited. Tamilnad Mercantile Bank Ltd. The Dhanalakshmi Bank Limited. The Federal Bank Ltd. The HDFC Bank Ltd. The Jammu & Kashmir Bank Ltd. The Nainital Bank Ltd. The Lakshmi Vilas Bank Ltd Yes Bank copied from www,allbankingsolutions.com List of Private Sector Banks Since Merged with other banks The Nedungadi Bank (merged with -
Page6-7-Editorial.Qxd (Page 2)
WEDNESDAY, AUGUST 26, 2020 DAILY EXCELSIOR, JAMMU daily Excelsior Established 1965 Dogra Festival: Draburi Founder Editor S.D. Rohmetra Rakesh Gupta, Ashok Sharma enthusiasm in Jammu and Kashmir. It is impor- of Radha. As per Hindu beliefs, she is the incar- family. With flour, the statue of a man &woman tant to know why it is locally called Drubari. Drab nation or avatar of Goddess Lakshmi. According and even pet cow, female buffalo and her calf are hile listening the melody song "Dogra- basically is a Hindi word which means even or Ek to the legend, it is believed that Lord Krishna once made. Then a diya of flour is made to lighten the iai Dogri Di Maan Rakheyodogri di Delay in issuance of rup .It denotes yog about the the love of Lord sat in his abode Goloka. He was engrossed in some lamp . A madani and the pot in which curd is pooripanchan Rakheyo" by juhi and W Krishna and Radha. Both of them are considered meditation that suddenly arose in his mind. Abliss churned to prepare lassi,butter & ghee is also Roohi, the authors met with childhood memories appeared from that joyous wave of Lord Krishna Domicile Certificates and started searching about the rituals being prac- made. All these statues are worshipped by offer- which is called Radha. For this reason, it is nec- ing Dropadan, rutts, fruit, flowers, sprouted puls- fter things having been smoothened and made ticed in Dogra culture but to our surprise, knowl- essary to name Radha before chanting Shri Krish- edge on our heritage is not documented anywhere. -
Analyzing the Impact of Mergers and Acquisitions on Customers And
Mukt Shabd Journal ISSN NO : 2347-3150 Analyzing the Impact of Mergers and Acquisitions on Customers and Employees in Indian Banking Sector Ankit Dhamija Assistant Professor, Amity Business School, Amity University Gurugram, Haryana, India Deepika Dhamija Assistant Professor, Amity College of Commerce, Amity University Gurugram, Haryana, India Dr Ravi Ranjan Assistant Professor, Amity College of Commerce, Amity University Gurugram, Haryana, India ABSTRACT The Indian banking industry has become so volatile that every few months; there is news of one or few smaller banks being merged into a bank with larger presence across the nation or a bigger bank acquiring few smaller banks. This merging and acquisition of banks has become a necessity for Indian Economy to grow since, the non performing banks are increasing the burden on economy in the form of bad debts/loans, inability to generate profits, sell their banking products, inability to attract and retain customers and many more. Also, Mergers and acquisitions have become vital methods within the industry to form money gains enormously and to enhance the economies of scale. Through this, banks are able to get established brand names, new geographies, and complementary product offerings; however an additional opportunity to cross-sell to new accounts acquired is also there. Throughout the merging method, one company survives and therefore the other company loses its company existence. On the opposite hand, the acquisition means takeover. The biggest impact in such cases is on the bank employees and customers. There are a lot of issues that customers and employees have to deal with and there are also some benefits of this situation.This paper assesses the impact of Mergers and Acquisitions on bank employees and customers, their position before and after Mergers & Acquisitions and finding out the reasons behind these Mergers & Acquisitions. -
January -2021
www.gradeup.co 1 www.gradeup.co JANUARY -2021 Banking & Financial Awareness 1. IDBI Bank has sold 23% of its stake in IDBI Federal Life Insurance Company Limited (IFLI) to Ageas Insurance International NV for a consideration of Rs 507 crore. Note: IFLI is a three-way joint venture of IDBI Bank, Belgium’s Ageas and Federal Bank.On purchasing the stake, Ageas Insurance International NV will hold 49% stake in IFLI earlier from 26%. While IDBI Bank’s stake in IFLI will be reduced to 25% from 48%.Federal Bank continues to hold 26 per cent stake in IFLI. 2. The RoDTEP scheme has replaced the popular Merchandise Exports from India Scheme from January 1, 2021. Note: As per the finance ministry the benefit of Remission of Duties and Taxes on Exported Products (RoDTEP) scheme will be extended to all export goods from January 1, 2021.Under the scheme, the embedded central, state and local duties or taxes will get refunded and credited in an exporter’s ledger account with customs. 3. The Securities and Exchange Board of India (SEBI) has imposed a fine of rupees Rs 25 crore on Indian company Reliance Industries Ltd. for carrying out manipulative trade. Note: Two more entities, Navi Mumbai SEZ Pvt Ltd and Mumbai SEZ Ltd have been fined Rs 20 crore and Rs 10 crore, respectively. The fine was imposed on Reliance India Limited because the company violated the Prohibition of Fraudulent and Unfair Trade Practices (PFUTP). 4. International card payment service RuPay partnered partnered with RBL Bank to launch an innovative payment solution for Indian merchants “RuPay PoS” in association with PayNearby. -
Consolidation in Indian Banking Industry – Need of the Hour
Business Review Volume 3 Issue 2 July-December 2008 Article 8 7-1-2008 Consolidation in Indian banking industry – need of the hour Syed Ahsan Jamil Institute of Productivity and Management, Lucknow, India Bimal Jaiswal University of Lucknow, Lucknow, India Namita Nigam Institute of Environment and Management, Lucknow, India Follow this and additional works at: https://ir.iba.edu.pk/businessreview Part of the Finance and Financial Management Commons This work is licensed under a Creative Commons Attribution 4.0 License. iRepository Citation Jamil, S. A., Jaiswal, B., & Nigam, N. (2008). Consolidation in Indian banking industry – need of the hour. Business Review, 3(2), 1-16. Retrieved from https://ir.iba.edu.pk/businessreview/vol3/iss2/8 This article is brought to you by iRepository for open access under the Creative Commons Attribution 4.0 License. For more information, please contact [email protected]. https://ir.iba.edu.pk/businessreview/vol3/iss2/8 Business Review – Volume 3 Number 2 July – December 2008 DISCUSSION Consolidation in Indian Banking Industry- Need of the Hour Syed Ahsan Jamil Institute of Productivity and Management, Lucknow, India Bimal Jaiswal University of Lucknow, Lucknow, India Namita Nigam Institute of Environment and Management, Lucknow, India ABSTRACT his study is aimed at trying to unravel the fast and metamorphic changes been Tbrought about within the Indian banking industry. With the government in India clearly specifying that it will liberalize the entry of foreign banks in India by 2009 alarm bells have started ringing for underperforming banks who largely nurtured under government protection and lack of competition. It is now a fight for survival. -
Current Affairs of March 2020
www.leadthecompetition.in CURRENT AFFAIRS FOR THE MONTH OF MARCH 2020 Awards The Indian-origin American author who has been chosen to be awarded the PEN/Hemingway Award 2020 for her first novel A Prayer for Travelers – Ruchika Tomar Persons The renowned Indian painter, sculptor, muralist and writer, (Padma Vibhushan awardee and brother of former PM IK Gujral) who passed away on 26 March 2020 – Satish Gujral The former Indian footballer, Padmashree and Arjuna awardee, who passed away on 20 March 2020 – PK Banerjee The high level technical committee of 21 Public Health Experts constituted by Govt of India for preventing and controlling COVID-19 in the country is headed by – Dr V K Paul The former Chief Justice of India who has been nominated to the Rajya Sabha by the Indian President Shri Ram Nath Kovind – Shri Ranjan Gogoi The former chief financial officer and deputy managing director of State Bank of India who has been appointed the MD and CEO of Yes Bank – Prashant Kumar The team which has won the 2019-20 Ranji Trophy title defeating Bengal in the finals at Rajkot – Saurashtra The former Secretary General of the United Nations Organisation who passed away on 04 March 2020 – Javier Perez de Cuellar The new Finance Secretary of India replacing Shri Rajiv Kumar – Ajay Bhushan Pandey The new Prime Minister of Malaysia appointed after the resignation of Mr. Mahathir Mohammed – Muhyiddin Yassin Places The venue of Wings-2020 the biennial civil aviation and aerospace event organised by Ministry of Civil Aviation, Airports Authority of India -
TNPSC Group II (OT) MOCK TEST on 4Th November 2018 (Sunday) Test Centres: 1
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We Had Vide HO Circular 443/2015 Dated 07.09.2015 Communicated
1 CIRCULAR NO.: 513/2015 HUMAN RESOURCES WING I N D E X : STF : 23 INDUSTRIAL RELATIONS SECTION HEAD OFFICE : BANGALORE-560 002 D A T E : 21.10.2015 A H O N SUB: IBA MEDICAL INSURANCE SCHEME FOR RETIRED OFFICERS/ EMPLOYEES. ******* We had vide HO Circular 443/2015 dated 07.09.2015 communicated the salient features of IBA Medical Insurance Scheme for the Retired Officers/ Employees and called for the option from the eligible retirees. Further, the last date for submission of options was extended upto 20.10.2015 vide HO Circular 471/2015 dated 01.10.2015. The option received from the eligible retired employees with mode of exit as Superannuation, VRS, SVRS, at various HRM Sections of Circles have been consolidated and published in the Annexure. We request the eligible retired officers/ employees to check for their name if they have submitted the option in the list appended. In case their name is missing we request such retirees to take up with us by 26.10.2015 by sending a scan copy of such application to the following email ID : [email protected] Further, they can contact us on 080 22116923 for further information. We also observe that many retirees have not provided their email, mobile number. In this regard we request that since, the Insurance Company may require the contact details for future communication with the retirees, the said details have to be provided. In case the retirees are not having personal mobile number or email ID, they have to at least provide the mobile number or email IDs of their near relatives through whom they can receive the message/ communication.