Wednesday, January 2, 2013

IBPS BANK EXAMINATIONS RAPID READING EXERCISE- PART: 024






BANKING AWARENESS – NEWS IN BRIEF – NOVEMBER/DECEMBER, 2012


01. Smt Vijayalakshmi Iyer has been appointed as Chairman and Managing Director of Bank of India
02. Mr. Malay Mukherjee has taken charge as Executive Director of Central Bank of India
03. Mr. P.V. Ananthakrishnan has been appointed as the country head of India’s operations at Singapore headquartered United Overseas Bank
04. Mr. G. Srinivasan has been appointed as Chairman and Managing Director of New India Assurance Company Limited
05. Punjab National Bank tied up with Xpress Money for the purpose – PNB Xpress Money Remit Card facilitates foreign inward remittances under Money transfer Service Scheme to send and receive money overseas
06. ICICI Bank tied up with Vodafone India for – mobile money transfer and payment services
07. Yes Bank tied up with Espend Prepaid solutions for – Prepaid cards can be used to make purchases at point of sale and for online shopping across India on the mastercard network
08. United Bank of India tied up with Calcutta Stock Exchange for – U-connect, an integrated online platform for stock trading
09. Basix tied up with Royal Sundaram Alliance General Insurance and Aviva Life Insurance for – for sale of insurance products in rural areas
10. Oriental Bank of Commerce tied up with Bajaj Auto  - to provide finance for customers who intend to buy the latter’s autorikshaws
11. Allahabad Bank tied up with Universal Sompo General Insurance – to secure their agri loan product Kisan Credit Card
12. China Development Bank tied up with Lanco Infratech – for its upcoming coal based power plants
13. State Bank of India tied up with Sohan Lal Commodity Management – to provide post harvest credit and storage services to farmers
14. Mr Damodar Acharya has been appointed as the director on central board of Reserve Bank of India
15. Shri T.M. Bhasin has been appointed as Deputy Chairman of Indian Banks’ Association
16. Mr. S. Viswanathan has been appointed as the Managing Director of State Bank of India
17. Smt S.A. Panse has been appointed as Chairperson and Managing Director of Allahabad Bank
18. Mr. Satish Kumar Kalra has been appointed as the Executive Director of Andhra Bank
19. Mr. Bhupinder Nayyar has been appointed as the Executive Director of Oriental Bank of Commerce
20. Mr. Michael Corbat has been appointed as the CEO at Citigroup Inc
21. ICICI Bank tied up with Ecobank Transnational Incorported (Africa) – to extend banking services across India and Africa
22. Uco Bank and Rewa Siddhi Gramin Bank tied up with Mahindra and Mahindra – to extend vehicle finance
23. HDFC Bank tied up with IOC – to provide banking facilities in semi urban and rural areas through the latter’s rural petrol pump outlets Kisan Seva Kendras. Kisan Seva Kendras will act as HDFC Bank’s Business Correspondents
24. Karnataka Bank tied up with National Collateral Management Services (NCMSL)- to assist industries, traders and farmers in financing their capital requirements

Miscellaneous information




25. Shri D. Subba Rao is Governor of Reserve Bank of India
26. Shri G. Padmanabhan, Executive Director of Reserve Bank of India
27. Dr. K.C. Chakrabarty, Deputy Governor – Reserve Bank of India
28. Mr. Anand Sharma – Deputy Governor – Reserve Bank of India
29. Mr. H R. Khan – Deputy Governor – Reserve Bank of India
30. Dr. Subir Gokarn, Deputy Governor, Reserve Bank of India - since retired on 31.12.2012
31. Mr. Deepak Mohanty, Executive Director, Reserve Bank of India

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