December 19, 2020 -

RBI imposes Rs 50 lakh fine on Urban Co-operative Bank in Kerala

December 19, 2020

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 50.00 lakh on The Urban Co-operative Bank Ltd in Kerala. This fine is imposed for non-compliance with directions issued on Income Recognition and Asset Classification (IRAC) norms and on Management of Advances-UCBs. Boost your Banking Awareness Knowledge with Adda247 Live Batch: TARGET GA …

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Paytm launches 24×7 RTGS money transfer for merchants

December 19, 2020

Digital financial services platform Paytm has launched a 24×7 RTGS facility to support the companies that make high-value transactions. It also enables businesses to make bulk and instant money transfers to their employees, vendors & partners. Customers can instantly make bulk payments to Bank Accounts, UPI addresses, and Paytm Wallets through Paytm Payouts’ APIs and …

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Mega leather park with Rs 5,850 cr investment to come up in Kanpur

December 19, 2020

Mega leather park to come up in Ramaipur village of Kanpur with an investment of Rs 5,850 crores. The park, part of the mega leather cluster project will create 50,000 direct jobs & indirect employment for 1.5 lakh people. Recently, the project has received approval from the Union Commerce Ministry. The mega leather cluster project …

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Mauritian badminton player Foo Kune banned for two years by CAS

December 19, 2020

The Court of Arbitration for Sport (CAS) has banned Mauritian badminton player Kate Jessica Foo Kune for two years for an anti-doping violation. Foo Kune tested positive for a banned steroid during the 2019 African Badminton World Championships in Port Harcourt, Nigeria, but a Badminton World Federation (BWF) panel ruled she bore no fault or …

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SBI General Insurance, IntrCity RailYatri partner to offer ₹5L travel cover

December 19, 2020

SBI General Insurance partnered with IntrCity RailYatri, to provide travel insurance of ₹5 lakh on tickets for bus commuters opting to travel through IntrCity RailYatri. The travel cover is offered on buying the ticket. Under this partnership, SBI General insurance will provide a wide variety of coverage including accidental death, permanent total disability, and medical …

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Ratan Tata to be honoured with ‘Global Visionary of Sustainable Business and Peace’ award

December 19, 2020

Veteran industrialist, Ratan Tata will be honoured by the Indo-Israel Chambers of Commerce for promoting innovation that supports sustainability and peace in the region, including with the Palestinians. The chairman emeritus of the Tata group will be honoured with ‘Global Visionary of Sustainable Business and Peace’ award during the launch of the Federation of Indo-Israel …

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Goa Liberation Day: 19 December

December 19, 2020

Goa Liberation Day is observed on 19 December every year in India and it marks the day Indian armed forces freed Goa in 1961 following 450 years of Portuguese rule. Goa Liberation Day is marked by an abundance of events and festivities in Goa though this time because of the pandemic the celebrations are expected …

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Mohammad Amir announced his retirement from international cricket

December 19, 2020

Pakistan’s star pacer, Mohammad Amir has announced his retirement from international cricket citing ‘mental torture’ by the management as the reason behind his decision. Left-arm fast bowler Amir made his international debut in July 2009. In his ODI debut, in the same month, Amir bagged 3 wickets for 45 runs in his 10 overs, announcing …

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ICRA Projects Indian economy to contract 7.8% in FY21

December 19, 2020

The domestic rating agency, ICRA Ratings expects the technical recession in the country’s economy to end in the fourth quarter of the current fiscal, limiting the contraction in the GDP to 7.8 per cent in the financial year 2021. WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | …

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India’s Vidyut Mohan named among ‘Young Champions of the Earth’ by UNEP

December 19, 2020

Vidyut Mohan was one of the “Young Champions of the Earth” winners by United Nations Environment Programme. A 29-year-old Indian entrepreneur is among the seven winners of the prestigious “Young Champions of the Earth” 2020 prize given by the UN environment agency to global change-makers using innovative ideas and ambitious action to help solve some …

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Daily Archives: December 19, 2020

RBI imposes Rs 50 lakh fine on Urban Co-operative Bank in Kerala

Paytm launches 24×7 RTGS money transfer for merchants

Mega leather park with Rs 5,850 cr investment to come up in Kanpur

Mauritian badminton player Foo Kune banned for two years by CAS

SBI General Insurance, IntrCity RailYatri partner to offer ₹5L travel cover

Ratan Tata to be honoured with ‘Global Visionary of Sustainable Business and Peace’ award

Goa Liberation Day: 19 December

Mohammad Amir announced his retirement from international cricket

ICRA Projects Indian economy to contract 7.8% in FY21

India’s Vidyut Mohan named among ‘Young Champions of the Earth’ by UNEP

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