Important Days & Events 3rd July is celebrated as “The International Plastic Bag Free Day” Edition: 13th Ranks & Indices: QS Best Student Cities Ranking 2023 Released by: global higher education consultancy Quacq…
4 July 2022
Current Context: The latest 5th edition of the Business Reforms Action Plan (BRAP), 2020 categorized into top achievers, achievers, aspirers, and emerging business ecosystems. Seven states Including Andhra Pradesh and …
Current Context: Deposit Insurance and Credit Guarantee Corporation (DICGC) will pay the eligible depositors of Shankarrao Pujari Nutan Sahakari Bank, Ichalkaranji, and Harihareshwar Sahakari Bank, Wai next month. The am…
Current Context: Fundraising by listed companies through private placement of corporate bonds dropped 39% to Rs 32,405 crore in the first two months of the current financial year. Fundraising through the route plunged to…
Current Context: A special tax on the export of steel, iron ore, and petroleum products, and a windfall profit tax on crude oil producers are likely to hit the overall corporate earnings. Mining & metals and crude oi…
Current Context: The DRDO and the Indian Army successfully tested indigenously-developed anti-tank guided missile at the KK range. Anti-tank guided missile (ATGM) was successfully test-fired from the Arjun battle tank. A…
3 July 2022
Appointments Ketanji Brown Jackson was sworn in as 1st Black woman to serve in US Supreme Court. According to a UN report, India’s urban population is expected to reach 675 million in 2035. Three Singaporean satellites…
Current Context: Ministry of Food Processing announced PMFME Scheme, under Aatmanirbhar Bharat Abhiyan, has completed two years. The main objective of the scheme is to envision and enhance the individual micro-enterprise…
Current Context: As per RBI's recent report the share of large borrowers for scheduled commercial banks and gross NPA has declined in recent times. Share of large borrowers, whose aggregate fund and non-fund based ex…
Current Context: According to the Financial stability report rapid growth in the balance sheets of small finance banks (SFBs) has raised concerns about asset quality, especially in standard restructured loans. As per the…
Current Context: Frauds in the banking sector have declined by Rs 41,000 crore reporting cases worth in 2021-22 compared to Rs 1.05 lakh crore in the previous year. According to official data, the number of fraud cases in…
Current Context: Indian government-owned banks saw a reduction of 2,044 branches and about 13,000 employees in 2022 compared to earlier. As per the report, The number of branches of private banks went up by 4,023 to 34,34…
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