KVB bags ‘best small bank’ award
Karur Vysya Bank has been adjudged the ‘Best Small Bank for 2016’.K Venkataraman, Managing Director, KVB, received the award from Sudhir Munguntivar, Minister of Finance and Planning, Government of Maharashtra, at a function in Mumbai. This is the eighth award won by KVB in the current fiscal.
SBI's Arundhati Bhattacharya among world's greatest leaders
State Bank of India (SBI) Chairperson Arundhati Bhattacharya has been ranked 26th among the world's 50 greatest leaders, according to Fortune Magazine.
Rajya Sabha passed Employee?s Compensation (Amendment) Bill, 2016
The Rajya Sabha on 22 March 2017 passed the Employee’s Compensation (Amendment) Bill, 2016. The amendment bill, which was passed by the Lok Sabha on 9 August 2016, seeks to amend the Employee’s Compensation Act, 1923.
RBI okays appointment of T S Anantharaman as part-time chairman
The Reserve Bank of India has accorded its approval for the appointment of T S Anantharaman as part-time Chairman of the bank.
India ranks 131 on Human Development Index, Norway No.1
In the recently released Human Development Index by United Nations, India is ranked 131 out of 188 countries in the list.The list is topped by Norway followed by Australia and Switzerland on 2nd and 3rd positions respectively.
Government allows RBI to print Rs 10 plastic notes
The Union Finance Ministry has given permission to Reserve Bank of India (RBI) to conduct field trials of plastic (polymer-based) currency notes of Rs 10 denominations.
Dilip Shanghvi appointed as member of RBI's western board
Sun Pharmaceuticals Managing Director Dilip Shanghvi has been appointed by the central government as a member of the western area local board of Reserve Bank of India.
G20 Finance ministers, central bank chiefs to meet in Germany
The finance ministers and central bank governors of the Group of Twenty (G20) will be meeting in Germany on 17 and 18 March.
UCO Bank, Future Generali tie up
Private insurer Future Generali India Insurance Company (FGII) has entered into a corporate agency tie-up for its products with public lender UCO Bank.
Digital push: Gujarat to provide e-marketplace for businesses
The Gujarat government has entered into an agreement with a global cloud-based solutions provider cloudBuy.com to develop a B2B marketplace for small and large business units in the state.