Banking Current Affairs 2024 for SBI, IBPS, RRB and RBI Exams

Banking current affairs refer to the latest updates and developments in the banking industry. It covers a wide range of topics including new policies, regulations, technological advancements, mergers and acquisitions, economic indicators, financial markets, and government initiatives impacting the banking sector.

Banking Current Affairs 2024 – 10 July 2024

Banking current affairs keep professionals, stakeholders, and individuals interested in the field informed about the dynamic nature of the industry. It provides insights into emerging trends, challenges, and opportunities in banking, helping professionals make informed decisions. Staying updated with current affairs is essential for bankers, financial analysts, policymakers, and anyone interested in understanding the evolving landscape of the banking sector.

Banking Current Affairs 2024 (1 July 2024)

National Doctor’s Day, observed annually on July 1st in India, is a day to celebrate and express gratitude towards the country’s medical professionals.

National Chartered Accountants Day in India is always celebrated on July 1st, so it will fall on a Monday in 2024.

National Postal Worker Day is typically celebrated on July 1st in many countries, including the United States and Canada. India doesn’t officially recognize National Postal Worker Day.

The 3 New Criminal Laws – Bharatiya Nyaya Sanhita, 2023, Bharatiya Nagarik Suraksha Sanhita, 2023, and Bharatiya Sakshya Adhiniyam, 2023, come into force on 1 July.

Bangladesh Navy signed a contract for ‘Made in India’ 800 tons Ocean Going Tug with India’s Garden Reach Shipbuilding and Engineers on 30th June.

Reaffirming the Government of India’s unwavering commitment to the responsible development, deployment, and adoption of artificial intelligence, the Ministry of Electronics and Information Technology is organizing the ‘Global IndiaAI Summit’ on July 3rd and 4th, 2024, in New Delhi.

The WB has approved a second round of 1.5 billion dollars in financing to help India accelerate the development of low-carbon energy.

India’s core sector grew by 6.3% in May, this year as compared to the same period last year.

Former Portuguese Prime Minister Antonio Costa has been chosen as the next President of the European Council effective from October 1, 2024.

The Financial Services Institution Bureau (FSIB) has selected Challa Sreenivasulu Setty as the next chairman of the State Bank of India (SBI).

Ravi Agrawal (IRS) has been appointed as the new chairman of the Central Board of Direct Taxes (CBDT).

Union Minister of Agriculture & Farmers’ Welfare Shivraj Singh Chouhan launched a web portal to automate and speed up the process of settlement of interest subvention claims of banks submitted under the Agriculture Infrastructure Fund (AIF).

In a major milestone, India has managed to prepare a comprehensive list of animal species that exist in India.

Union Bank of India launched “Union Premier” branches for high-value customers in rural and semi-urban (RUSU) markets.

Banking Current Affairs 2024 Quiz

Download Banking Current Affairs 2024 PDF

Stay updated with the latest in banking with our downloadable Banking Current Affairs PDF! Get comprehensive insights into crucial banking topics, including regulations, mergers, and financial trends. Perfect for bank exam preparation, our PDF provides concise summaries to help you stay ahead. Don’t miss out on essential banking knowledge – download our PDF today and ace your exams!

Oliveboard’s Current Affairs is tailored for bank exams including NABARD Grade A, RBI Grade B, SEBI Grade A, IFSCA Grade A, IBPS PO, IBPS Clerk, SBI PO and SBI Clerk, IDBI Assistant Manager, FCI, LIC AAO, LIC ADO, & various other banking exams.

Advantages of Banking Current Affairs

1. Industry Insights: Gain a comprehensive understanding of the banking sector.
2. Regulatory Compliance: Stay updated with policies and regulations.
3. Competitive Advantage: Stay ahead by anticipating market shifts and opportunities.
4. Risk Management: Identify and mitigate potential risks.
5. Networking Opportunities: Connect with experts and foster collaborations.
6. Personal Development: Enhance knowledge and career growth.

Banking Current Affairs Topics

Banking current affairs cover a wide range of news topics related to the banking industry. Some common areas covered include:

1. Banking Regulations and Policies: Updates on changes in banking regulations, policies, and guidelines issued by regulatory authorities.
2. Financial Institutions: News related to banks, credit unions, financial institutions, and their operations, such as mergers, acquisitions, expansions, or closures.
3. Digital Banking and Technology: News on advancements in digital banking, fintech innovations, mobile banking, cybersecurity, and data privacy.
4. Economic Indicators: Updates on economic factors impacting the banking sector, such as interest rates, inflation, GDP growth, employment rates, and monetary policies.
5. Financial Markets: News related to stock markets, bond markets, foreign exchange rates, and other market developments that influence banking activities.
6. Banking Services and Products: Updates on new banking services, products, and offerings, including loans, mortgages, credit cards, and investment opportunities.
7. Government Initiatives and Policies: News regarding government schemes, initiatives, and policies aimed at promoting financial inclusion, supporting small businesses, or regulating the banking sector.
8. International Banking: Updates on global banking trends, cross-border transactions, international collaborations, and regulatory developments impacting international banking operations.
9. Corporate Finance: News related to corporate finance activities, such as initial public offerings (IPOs), corporate loans, debt restructuring, and corporate governance practices.
10. Risk Management and Compliance: News on risk management strategies, compliance requirements, anti-money laundering efforts, and measures to combat financial fraud.

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