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Daily Archives: March 16, 2020

March 16, 2020 -_3.1

RBI lowers single & group borrower exposure limit for UCBs

The Reserve Bank of India (RBI) has revised the single borrower and group exposure limit for Urban Cooperative Banks (UCBs). The exposure limit for Urban Cooperative Banks (UCBs) has been lowered to reduce the concentration risks originating from large loans. It has been revised in the following manner: RBI has lowered the single borrower exposure …

March 16, 2020 -_4.1

India pledged $10 million toward a Covid-19 emergency fund

Government of India pledged $10 million toward a Covid-19 emergency fund. India also planned to put together a rapid response team of doctors and specialists for the South Asian Association for Regional Cooperation (Saarc) nations. India suggested Integrated Disease Surveillance Portal (IDSP) that is currently being used to detect infected patients and contact tracing. The …

March 16, 2020 -_5.1

Maharashtra approves renaming of Mumbai Central station

The Mumbai Central station is going to be renamed as Nana Shankarseth Mumbai Central railway station. The Maharashtra state government has approved a proposal for renaming the Mumbai Central station as Nana Shankarseth Mumbai Central railway station. The proposal will be shared with the Railways Ministry. Nana Shankarseth was a Maharashtrian philanthropist and an educationist …

March 16, 2020 -_6.1

India ranked 12th globally in ‘Women On Board 2020’ study

India has been ranked 12th in the world as per study titled ‘Women On Board 2020’. The list was topped by Norway with 40.72% women on board. A study on ‘Women On Board 2020’ has been done jointly by global recruitment tendering platforms MyHiringClub and Sarkari-Naukri. The 7824 listed companies across 36 countries were considered …

March 16, 2020 -_8.1

GoI nominated Debasish Panda as director on RBI central board

The Central Government has nominated Debasish Panda as a Director on the Central Board of Reserve Bank of India. He is a Secretary, Department of Financial Services, Ministry of Finance, Government of India, New Delhi. The nomination of Debasish Panda is effective from March 11, 2020, and until further orders. There are two government nominated …

March 16, 2020 -_9.1

Viktor Axelsen & Tai Tzu Ying wins All England Championship

Viktor Axelsen of Denmark and Tai Tzu Ying of Chinese Taipei have won the men’s and women’s singles title respectively at All England Championship. All England Championship was held in Birmingham, England. This was the last badminton event before the Badminton World Federation’s suspension of all tournaments due to the coronavirus pandemic. Viktor Axelsen of …

March 16, 2020 -_11.1

Traditional “Phool Dei” festival begins in Uttarakhand

Uttarakhand Chief Minister Trivendra Singh Rawat celebrated the traditional harvest festival “Phool Dei”. The festival also showcases the inner bonding between the communities who all are residing in the hills. Phool Dei is celebrated on the first day of Chaitra or in mid-March (according to Gregorian calendar). On this day young girls carry out most …