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Bank GK Updates Apr 12 - Apr 18 2017

Bank GK Updates Apr 12 - Apr 18 2017

TestFunda ,  18-Apr-17
Pakistani army says can’t give India consular access to Kulbhushan Jadhav
India > Kulbhushan Jadhav > Apr 18

Upping the ante against India, Pakistan’s army ruled out on Monday consular access to Kulbhushan Jadhav who has been sentenced to death by a military court, days after New Delhi made a strong case for access to the alleged spy on death row. Jadhav, 46, was awarded death sentence by the Field General Court Martial last week, evoking a sharp reaction in India that warned Pakistan of consequences and damage to bilateral ties if the “pre-meditated murder” was carried out.

Blow to Sahara, SC orders auction of Aamby Valley
India > Sahara > Apr 18

The Supreme Court ordered the auction of Aamby Valley, the prime real-estate project of the Sahara group, to recover Rs 14,000 crore the company owes to duped investors. Spread over 10,600-acre close to the popular hill station of Lonavala in Maharashtra, Aamby Valley’s declared worth is Rs 39,000 crore.

PM Narendra Modi launches BHIM-Aadhaar platform to push digital payments 
India > BHIM-Aadhaar > Apr 18

Prime Minister Narendra Modi launched the BHIM-Aadhaar platform, putting in place yet another keystone of a digital payment system that will help India make the shift to a less-cash economy. The biometric-based indigenous payment solution will enable real-time bank-tobank money transfers even for those without a phone and at no additional cost. 

Withdrawal trend reverses in Jan Dhan accounts; deposits up Rs1k cr
Banks >  Jan Dhan accounts > Apr 16

Arresting the trend of withdrawals that began in December, the net balance in Jan Dhan accounts swelled by Rs 1,000 crore to Rs 63,971.38 crore during the week ended April 5. 


SBI denies black money channelisation at Bareilly branch
Banks > SBI > Apr 16

State Bank of India refuted allegations that its officials connived with anyone to facilitate unaccounted cash deposits at its Bareilly branch in Uttar Pradesh during demonetisation. 

ISRO to launch 'South Asia Satellite' that will benefit all neighbours except Pakistan
India > ISRO > Apr 14

India plans to launch on May 5 the 'South Asia Satellite' that will benefit all the countries in the region, except Pakistan which is not a part of the project. "It's going up in the first week of May," Indian Space Research Organisation (ISRO) Chairman A S Kiran Kumar told PTI in a telephonic interview. According to ISRO sources, the launch of this communication satellite (GSAT-9) is scheduled for May 5 on board the space agency's rocket GSLV-09 from Sriharikota spaceport.

Women don't need to change their names on their passports after marriage, can use mother's name: PM Modi
India > Passports > Apr 13

Prime Minister Narendra Modi on Thursday announced that women don’t have to change their names on their passports after marriage anymore. ‘Women don't have to submit marriage/divorce certificate for passport. It will be their discretion to use father/mother's name in passport,’ Prime Minister Modi said this while addressing the commemoration of golden jubilee of Indian Merchant Chamber’s ladies wing, thorough video conferencing.

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