Daily News

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Maharashtra State Co-operative Bank to enter retail banking through the merger of UCB branches.

The Maharashtra State Co-operative (MSC) Bank, plans to enter the retail banking sector and compete with the private sector. It has proposed a new policy of merging urban cooperative banks (UCBs) as well or only some branches of UCBs in some cases.

Did you Know

Cooperative Credit Societies Act, 1904 led to cooperative bank.

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SBI launches its first “Wealth Hub” in Mangaluru

SBI to introduce comprehensive wealth business services for its clients. The bank has re-branded its wealth business as “SBI Wealth” offering best-in-class personalized banking and investment services to its elite High Net worth Individual.

Did you Know

SBI is the first PSU bank in the country to introduce Wealth Hub

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RBI gives banks more room to lend to NBFCs

The RBI permitted banks to use government securities equal to their incremental outstanding credit to NBFC's, over and above their outstanding credit to them to be used to meet liquidity coverage ratio requirements.

Did you Know

NBFC’s provide financial and banking services.

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India, Japan, U.S. plan joint air exercise

India, Japan, and the U.S. are set to elevate the bilateral ‘Cope India’ air exercise to a trilateral format. The three countries already conduct naval war games under the expanded Malabar naval exercise.

Did you Know

“Cope India” is an Air Force exercises between the Indian and US

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Mountaineers reach peaks to be named after Vajpayee

A mountaineering expedition to two virgin peaks in Gangotri glacier, which are to be named after former Prime Minister Atal Bihari Vajpayee, successfully concluded with two teams scaling the peaks.

Did you Know

Gangotri glacier is a primary source of Ganga river.

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ASEAN defence ministers expected to ink world's first multilateral air code

Defence ministers from the ASEAN grouping are set to ink the world's first multilateral air guidelines on engagement between military planes.

Did you Know

ASEAN Defence Ministers' Meeting held recently in Singapore.

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Indian-American awarded at White House for combating human trafficking.

An Indian-American woman Minal Patel Davis has been honored with a Presidential award by U.S. Secretary of State Mike Pompeo for her extraordinary contribution towards combating human trafficking in Houston.

Did you Know

Patel is Special Advisor on Human Trafficking to Houston Mayor.

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Sajjan Jindal elected as Treasurer of World Steel Association.

JSW Steel CMD Sajjan Jindal was elected as treasurer of World Steel Association (WSA). He was appointed for a one-year period (2018/2019) by Board of Directors of WSA at World steel General Assembly held in Tokyo, Japan.

Did you Know

T.V.Narendran and L.N.Mittal appointed as members of WSA.

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Astana hosts seventh meeting of education ministers of SCO member states.

The seventh meeting of education ministers of member states of the Shanghai Cooperation Organization (SCO) was held in Astana, the Republic of Kazakhstan. State Minister of Human Resource Development, Satyapal Singh attended it.

Did you Know

India and Pakistan officially joined SCO as full members in 2017

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NCW Launches E-mail ID for Sexual Harassment at Workplace Cases.

The National Commission for Women (NCW) has come out with a dedicated e-mail address to report instances of sexual harassment at the workplace after several such complaints were made to the body by women under the #Metoo movement on social media.

Did you Know

NCW is a statutory body.