April 25,2019
Shankar School of Banking
May 11 , 2019
212
NATIONAL NEWS
Kazakhastan Sets up Coordinating Council to Attract Indian investments
• Kazakhastan has set up Coordinating council for attracting foreign investments including from India. A decision was taken to lay down the functions of investment ombudsman in order to venture for new approaches to improve the investment scenario in Kazakhstan.
• The meeting indentified the Astana International Financial centre (AIFC) as a Unified Centre for the coordination of work on investment and promotion of the investment image of Kazakhstan.
FACT
• Kazakhstan PM: Askar Main,
• Capital: Nur-sultan,
• Currency: Kazakhstani Tenge.
INTERNATIONAL NEWS
Iran, Pakistan to set Border “Reaction force” to combat the attacks by militant groups on both sides their frontier. Both the nations have decided collaborate from the joint quick reaction force by increasing cooperation between border forces and Intelligence agencies.
FACTS
• Iran President: Hassan Rohan,
• Iran Capital: Tehran,
World’s First Malaria Vaccine launched in Malawi
• The world’s first ever malaria vaccine was launched in a pilot project in Africa’s Malawi. It took 30 years to make the ‘RTS’ S vaccine. About 93% of the world’s malaria- related deaths in 2017 occurred in Africa.
BANKING NEWS
BSE inks with Network Intelligence to provide cyber security Services
• BSE has entered a Memorandum of Understanding with Network Intelligence, a global cyber security provider & CERT-IN empanelled vendor to provide cybersecurity service to its members in line with the cyber security framework set by SEBI.
RBI Divests its Entire Stake in NABARD and NHB
• Based on the recommended of second Narashimhan committee, the Reserve Bank has divested its entire stake worth Rs, 1450 in National Housing Bank (NHB) and Rs 2o crore in National Bank for Agriculture and Rural Development (NABARD).
BEML signed MoU with the Syndicate Bank
• Syndicate Bank and Bharat Earth Movers (BEML), a ‘Miniratna’ Public Sector Undertaking, have signed an Moving and Construction Equipment manufactured by BEML.
• Syndicate Bank HQ-Manipa
• CEO- Mutyunjay Mahapatra.
SBI launches India’s First Green car Loan
• State Bank of India announced the country’s first ‘Green car loan’ to encourage customers to buy electric vehicles.
• The entire scheme will loan at 20 basis points lesser than the interest rate on the existing car loan schemes
IMPORTANT DAY
World Immunization Week 2019