April Current Affairs
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Bank Competition Using Networks: a Study on an Emerging Economy
Journal of Risk and Financial Management Article Bank Competition Using Networks: A Study on an Emerging Economy Molla Ramizur Rahman * and Arun Kumar Misra Vinod Gupta School of Management, Indian Institute of Technology Kharagpur, Kharagpur 721302, West Bengal, India; [email protected] * Correspondence: [email protected] Abstract: Interconnectedness among banks is a key distinguishing feature of the banking system. It helps mitigate liquidity problems but on the other hand, acts as a curse in propagating systemic risk at times of distress. Thus, as banks cannot function in isolation, this study uses the Contemporary Theory of Networks to examine banking competition in India for five distinct economic phases, emphasizing upon the Global Financial Crisis (GFC) and the ongoing COVID-19 pandemic. This paper proposes a Market Power Network Index (MPNI), which uses network parameters to measure banks’ market power. This network structure shows a formation of bank clusters that are involved in competition. Specifically, network properties, such as centroid, average path length, the distance of a node from the centroid, the total number of connections in the inter-bank market, and network density, do go on to explain banking competition. It is interesting to note that crisis periods witness a lower level of competition, with GFC bearing the least competition. The ongoing COVID-19 pandemic shows a lower trend, but it is of a higher magnitude than GFC. It was also found that big-sized, profitable, capital adequate, and public banks dominate the banking system. Notably, this study was conducted on a sample of 33 listed Indian banks from April 2008 to December 2020. -
Maharaja Chhatrasal Convention Centre‟ Has Recently Been Inaugurated in Which of These UNESCO World Heritage Locati
Bankersadda.com Current Affairs Quiz for Bank Exams 2021 Adda247.com Quiz Date: 01st April 2021 Q1. The „Maharaja Chhatrasal Convention Centre‟ has recently been inaugurated in which of these UNESCO World Heritage locations? (a) Sanchi (b) Khajuraho (c) Konark (d) Hampi (e) Pattadakal Q2. Which team has won the maximum medals top finish at top place in medal table in the 2021 ISSF World Cup New Delhi? (a) China (b) USA (c) India (d) South Korea (e) Italy Q3. The first-ever Indo-Korean Friendship Park has been inaugurated at which place in India? (a) Rashtrapati Bhavan (b) Red Fort (c) Connaught Place (d) Delhi Cantonment (e) India Gate Q4. How many MoUs have been signed between India and Bangladesh recently during the visit of PM Modi? (a) 3 (b) 5 (c) 7 (d) 9 (e) 12 Q5. Which of the following bank has launched “UNI – CARBON CARD” with HPCL? (a) Union Bank of India (b) United Bank of India (c) UCO Bank (d) Indian Bank (e) City Union Bank Q6. Which of the following film has won the "Best Film" award at 66th Filmfare awards? (a) Chhappak (b) Angrezi Medium For any Banking/Insurance exam Assistance, Give a Missed call @ 01141183264 Bankersadda.com Current Affairs Quiz for Bank Exams 2021 Adda247.com (c) Tanhaji: The Unsung Warrior (d) Thappad (e) Malang Q7. A book titled "Names of the Women" authored by __________. (a) Ruskin Bond (b) Salman Rushdie (c) Vikram Seth (d) Shashi Tharoor (e) Jeet Thayil Q8. Noted Marathi writer _____________ will receive Saraswati Samman, 2020 for his book Sanatan. -
March 2020 Contents Àh$Mez {V{W : 14-05-2020
¶y{Z¶Z Ymam UNION DHARA AZwH«$‘{UH$m OZdar-_mM©, 2020 January-March 2020 Contents àH$meZ {V{W : 14-05-2020 ‘w»¶ ‘hmà~§YH$ (‘mZd g§gmYZ) · n[aÑí¶ 3 · goÝQ´>a ñàoS : >bmhm¡b Am¡a ñnr{V 38-39 ~«Ooída e‘m© · g§nmXH$s¶ 4 · HR Intregration in successful Chief General Manager (HR) Bank Amalgamation 40-42 Brajeshwar Sharma · g§dmXXmVm gå‘obZ 5 · {db¶/g‘m‘obZ ‘| ‘mZd 43 g§nmXH$ · gm{h˶ OJV go... 6-7 S>m°. gwb^m H$moao g§gmYZ nj · H$mì¶Ymam 8-9 Editor · Triveni Sangam... 44-45 Dr. Sulabha Kore · {db¶-g‘m‘obZ/The Rebirth 10-11 · Union elite - a niche banking 46-47 g§nmXH$s¶ gbmhH$ma · The Amalgamation of banks 12-13 A{dZme Hw$‘ma qgh · AmAmo, {‘b OmE§ h‘... 48 · ew^‘ñVw 14 Ho$. nr. AmMm¶© · Merger/Amalgamation of Banks 49-51 {ZVoe a§OZ · {eIa H$s Amoa... 15 · ^maVr¶ AW©ì¶dñWm na 52-53 Zdb {H$emoa Xr{jV · h‘mao H$bmH$ma 16-17 ~¢H$m| Ho$ {db¶Z H$m à^md Editorial Advisors Avinash Kumar Singh · h‘| Jd© h¡ 18 · ¶y{ZdZ 54-55 K. P. Acharya · Iob OJV go... 19 · Role of Employee in Merger/ 56 Nitesh Ranjan Amalgamation · EH$ ‘O~yV Ed§ ~‹S>r Q>r‘ 20 Naval Kishor Dixit · · Cultural Integration & 21 MaH$ H$m H$moZm 57 Printed and published by Dr. Sulabha Kore Amalgamation · on behalf of Union Bank of India and godm{Zd¥Îm OrdZ go.. -
Trevor Hart Banking in a New World: the Beginnings of ANZ Bank
Trevor Hart Banking in a new world: the beginnings of ANZ Bank Proceedings of the ICOMON meetings, held in conjunction with the ICOM Conference, Melbourne (Australia, 10-16 October, 1998), ed. by Peter Lane and John Sharples. Melbourne, Numismatic Association of Australia, Inc, 2000. 117 p. (NAA Special publication, 2). (English). pp. 39-46 Downloaded from: www.icomon.org BANKING IN A NEW WORLD THE BEGINNINGS OF ANZ BANK By Trevor Hart ANZ Bank, Melbourne, Australia For its first twenty-nine years proposed to the Government in Australia had no bank. The British England, the formation of "The New settlement of Australia began in South Wales Loan Bank" based on 1788, but Australia's first bank, the the bank at the Cape of Good Hope. Bank of New South Wales, did not In 1812 the government refused open until 1817. his proposal. Macquarie accepted this refusal but was still convinced of Australia was founded as a the need for a bank in the colony.4 In self-supporting penal colony and 1816 he acted again, this time monetary arrangements were ad hoc. "convening a meeting of the A local currency of small private magistrates, principal merchants and promissory notes grew up in gentlemen of Sydney ... at which my conjunction with the circulation of favourite measure of a bank was Government Store receipts. This led brought forward."5 Macquarie issued to a dual monetary standard in a 'charter' for seven years to the which 'currency' came to mean directors of the new bank (which "money of purely local was later disallowed by the British acceptability" and 'sterling' meant Government) and on 8 April 1817 "any form of money .. -
Doha Beach Volleyball Cup 2021 Qualification Rounds from Today FIVB Beach Volleyball World Tour Event Kicks Off in Doha for the 8Th Time Agencies Doha
Sports Tuesday, February 23, 2021 13 Doha Beach Volleyball Cup 2021 qualification rounds from today FIVB Beach Volleyball World Tour event kicks off in Doha for the 8th time AGENCIES DOHA THE FIVB Beach Volleyball World Tour event will kick off for the eighth time with the US$5,000 Doha Beach Vol- leyball Cup at the Al Gharafa Beach Complex from Tuesday (Feb 23-26). The Qatar pairing of Cherif Younousse Samba and Ahmed Tijan will be seeking their second medal in the Qatari capital after placing third in the March 2018 Katara Beach Practice and preparations ahead of the Doha Beach Volleyball Cup (FIVB Beach Volleyball World Tour event) at the Al Gharafa Beach Complex on Monday. Volleyball Cup after defeating Americans Phil Dalhausser teams participating in the their participation in the World The top three finishers in Oman (2), Poland (4), Russia and Alexey Gusev/Pavel Shus- on Tuesday as all five FIVB and Nick Lucena in the bronze tournament including those Tour 1-Star event. each of the four groups will (5), Switzerland (1), Tunisia trov of Russia, Yves Haussen- confederations are scheduled medal match. from Lebanon, Poland, Russia The precautionary meas- advance to the elimination (1), Turkey (2), United States er/Quentin Metral of Switzer- to have teams competing in The Doha Beach Vol- and the USA, as those teams ures as per the Ministry of Pub- bracket where two rounds will (1) and Venezuela (2). land, Murat Giginoglu/Volkan the event – Asia (Lebanon, leyball Cup is the first 1-star entered the medical bubble lic Health precautionary meas- be played on Thursday. -
Weekly Updated Current Affairs for Week 31/52 & 32/52
WEEKLY UPDATED CURRENT AFFAIRS FOR WEEK 31/52 & 32/52 WEEKLY UPDATED CURRENT AFFAIRS FOR WEEKS 31/52 & 32/52 (30 JULY – 12 AUG 2017) 1. RBI released 3rd Bi-Monthly Policy Statements – Reduced Key Policy Rates by 25 bps (a) On 02 Aug 2017, the Monetary Policy Committee (MPC) chaired by RBI Governor Urjit Patel released 3rd Bi- Monthly Policy Statements for the FY 2017-18 to be effective for the periods between 01 August and 30 Sept 2017. (b) The Repo Rate under the Liquidity Adjustment Facility (LAF) was reduced by 25 bps from 6.25 % to 6 % and accordingly Reverse Repo Rate under LAF adjusted at 5.75 % from 6.00 % by reducing 25 bps. (c) The current Repo Rate is the lowest in 7 years since November 2010 and the RBI had last cut the key policy rates in October 2016. (d) Marginal Standing Facility (MSF) Rate, the Rate at which Banks borrows Overnight Funds from RBI against Approved Government Securities has been reduced by 25 bps and adjusted to 6.25 %. (e) In lines with the Rate cut, Bank Rate, the Long Tern Borrowing Rate of RBI has also been adjusted to 6.25 % by reducing 25 bps from 6.50 %. (f) CRR as Reserve Requirement for Scheduled Banks remained unchanged at 4 % of the Net Demand and Time Liability (NDTL) since 09 Feb 2013. (g) Other Reserve Requirement for Commercial Banks including Regional Rural Banks, Payment Bank and Small Finance Bank i. e. SLR has been retained (no change) at 20 %. The SLR was last reduced by 0.50 % (50 bps) to 20.00 % effecting from the fortnight commencing 24 June 2017. -
ISSF WC Lonato ITA 2021 -Results-Book-FINAL Version__After CHECK UP
RESULTS BOOK Index Results Certification Letter ISSF Technical Delegate and ISSF Juries Competition Officials Final Competition Schedule Entry List by Number Medallists by Event Medal Standings Venue Records Ranking Points Final Results RESULTS CERTIFICATION LETTER This certifies that the ISSF World Cup Shotgun which took place from 07 th to 17 th May 2021 at the Trap Concaverde Shooting Ranges in Lonato, ITA, was conducted in accordance with the ISSF Rules and Regulations and the Results produced in the competitions are true and correct. ISSF Technical Delegate Chief of the Juries Anna LESHCHIKOVA, RUS Panagiotis THEMELIDIS, GRE ISSF TECHNICAL DELEGATE AND ISSF JURIES ISSF Technical Delegate: Anna Leshchikova, RUS Jury Nat Name Gen License Function ALL GRE Panagiotis THEMELIDIS M A 4063 Chief of Juries SH TUR Melis GIRAUD W A 6083 Member SH FRA Guy SCHLETUS M A 5213 Member SH ITA Daniele GHELFI M A 3345 Member SH Equip C/ RTS BRA Rosane BATISTA RAMOS W A 6897 Member COMPETITION OFFICIALS Function Name, Nat Competition Manager Daniele GHELFI, ITA Chief Range Officer Roberto CARELLA, ITA Chief Operation Officer Francesco GAVELLI, ITA Chief Referee Piere Luigi BESTETTI, ITA R 7870 Shotgun Referee Keith SHIELDS, GBR R 7544 Shotgun Referee Giovanni TERMINI, ITA R 6248 Shotgun Referee Fulvio ZILLI, ITA R 3504 Shotgun Referee Luigi Antonio GREBORIO, ITA R 6238 Shotgun Referee Adriano GOBBO, ITA R 3479 Shotgun Referee Patrick GIUSTOLISI, ITA R 7782 Shotgun Referee Andrea DUPRE DE FORESTA, ITA R 7783 Shotgun Referee Onorino COGNIGNI, ITA R 6233 -
<< 1 >> | IBS QUEST | MAY, 2021
<< 1 >> | IBS QUEST | MAY, 2021 CONTENTS 1. National News ............................................. 3 2. International News ...................................... 9 3. Important Dates and Events ...................... 22 4. Sports News ............................................... 28 5. Awards & Recognitions ............................. 29 6. Defence News ............................................. 31 7. Science & Technology ............................... 35 8. Government Initiatives............................... 39 9. Ranking ..................................................... 44 10. States News ............................................... 46 11. Important MCQ for Competitive Exams ...... 52 << 2 >> | IBS QUEST | MAY, 2021 CURRENT AFFAIRS APRIL 2021 NATIONAL NEWS INDIA CARRYING OUT URANIUM This development has come in India because EXPLORATION IN ARUNACHAL PRADESH- India is one of the most vulnerable country for Uranium exploration extreme weather events. It has been ranked at the has been taken up in 20th position on Climate Risk Index (CRI). Arunachal Pradesh by the Atomic Minerals CABINET APPROVED VACCINATION FOR Directorate for ALL ABOVE 45 YEARS FROM APRIL 1- Exploration and The Union Cabinet Research. on March 23, 2021 AMD is a constituent approved COVID-19 unit of the Department of Atomic Energy (DAE). vaccination for Uranium is used as fuel in nuclear reactors. everyone above 45 The AMD has a mandate to identify and evaluate years of age starting mineral resources of uranium, thorium, from April 1st. zirconium, titanium and others and rare earths This comes as the new coronavirus caseload in containing uranium and thorium in the potential the country touched 47,262 in the last 24 hours, geological domains of the country. which is the highest in the year 2021. Department of Atomic Energy The new guidelines mandate the state and UT Chairperson: K.N. Vyas governments to strictly enforce the Test-Track- Founder: Homi J. -
Etrise Top Msmes Ranking: Etrise Top Msmes Ranking: Inaccurate That Msmes Don’T Get Finance Easily, Says Banking Official - the …
1/20/2020 etrise top msmes ranking: ETRise Top MSMEs Ranking: Inaccurate that MSMEs don’t get finance easily, says banking official - The … SECTIONS ET APPS ENGLISH E-PAPER ET PRIME 64 TimesPoints FOLLOW US LATEST NEWS BJP set to get new president, Nadda likely to succeed Shah SME New Home RISE SME Startups Policy Trade Entrepreneurship Money IT Legal GST ProductLine Biz Listings Marketing More Business News › RISE › SME › ETRise Top MSMEs Ranking: Inaccurate that MSMEs don’t get finance easily, says banking official Search for News, Stock Quotes & NAV's Benchmarks NSE Loser-Large Cap Stock Analysis, IPO, Mutual Funds, Bonds & More Sensex LIVE PFC 41,622.76 -322.61 114.65 -7.30 Market Watch ETRise Top MSMEs Ranking: Inaccurate that Related Most Read Most Shared MSMEs don’t get finance easily, says ETRISE Top MSMEs Ranking: As GST collections slip, compliance cost increases banking official ETRISE Top MSMEs Ranking: Recognising India's In a panel discussion under ETRise Dialogue, a top official of the Union Bank of India said best small businesses that MSMEs were getting loans sanctioned by banks, especially under the PSB loans in 59 minutes. The Bank, he said, was proactive in MSME funding. ET Online | Jan 18, 2020, 01.32 PM IST Save 1 Comments ET Online Dismissing notions that there is a lack of awareness on the government's ‘PSB loans in 59 minutes’ scheme launched in ET Rise Trending Terms November 2018, a top official from a PSU Amazon Flipkart Sale 2019 Startup India Oyo bank said that the scheme is well publicized, Flipkart Uber Paytm with many availing its benefits. -
September 2019
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Current Affairs Question Bank: June 2021
Current Affairs Question Bank: June 2021 CURRENT AFFAIRS QUES TION BANK: JUNE 2021 Q.1 Which university topped CWUR’s World University rankings for 2021-22? a) Harvard University b) Stanford University c) Massachusetts Institute of Technology d) University of Cambridge e) None of these Answer (a): The Centre for World University Rankings (CWUR) released World University rankings for 2021-22. The list is topped by Harvard University. Q.2 Which institute developed the ‘AmbiTAG’ product? a) IIT Indore b) IIT Ropar c) IIT Madras d) IIT Mandi e) None of these Answer (b): The IIT Ropar has developed India’s first indigenous temperature data logger named ‘AmbiTAG’ for cold chain management. Q.3 Which edition of the BRICS Working Group Meeting on High-Performance Computing (HPC) and Information Communication Technology (ICT) was held in May 2021? a) 5th b) 2nd c) 7th d) 8th e) None of these Answer (a): South Africa hosted the 5th BRICS Working Group Meeting on High-Performance Computing (HPC) and Information Communication Technology (ICT) in an online manner. Q.4 The ‘Goa Institution for Future Transformation (GIFT)’ established by Gov. of Goa is in line with which organisation? a) Ministry of Skill development and Entrepreneurship b) SEBI c) NITI Aayog d) NASSCOM e) None of these www.BankExamsToday.com Page 1 Current Affairs Question Bank: June 2021 Answer (c): The Government of Goa established ‘Goa Institution for Future Transformation (GIFT)’. The GIFT is on the line of Think Tank NITI Aayog. Q.5 Which organisation launched the ‘Bal Swaraj-COVID Care’ portal? a) Ministry of Health and Family Welfare b) CRY (Child Rights and you) c) Smile Foundation d) National Commission for Protection of Child Rights (NCPCR) e) None of these Answer (d): The National Commission for Protection of Child Rights (NCPCR) launched the ‘Bal Swaraj’ portal. -
Union Bank of India Track Application
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