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Bank GK Updates Mar 09 - Mar 15 2017

Bank GK Updates Mar 09 - Mar 15 2017

TestFunda ,  15-Mar-17
Assembly Election Results 2017: 3 out of 5 states will have a BJP CM, Manipur hangs in balance
India > Assembly Election > Mar 13

With the dramatic developments overnight and 24 hours after the election results for the five states were announced, the Bharatiya Janata Party (BJP) will form the government in three out of the five states that went to polls. Its parliamentary board authorised party chief Amit Shah to decide chief minister probables in these states. The decision will be taken in consultation with the observers appointed for each state. After the decisive results of the elections in five states — with BJP enjoying full majority in Uttar Pradesh and Uttarakhand — the party, in the last 24 hours, snapped up enough numbers to stake claim to form the government in Manipur and Goa as well.

HDFC Bank digitises over 1200 dairy co-operatives across India
Banks > HDFC > Mar 08

In line with the government's push to digitise India, especially the banking sector, HDFC BankBSE 0.28 %, under the aegis of its Milk to Money (M2M) programme has digitised payments at over 1,200 dairy co-operatives in the country, the bank said Wednesday. 

SBI justifies penalty; says need money to bear Jan Dhan costs 
Banks > SBI > Mar 08

Facing a backlash for levying penalty on non-maintenance of minimum balance in accounts, SBI today justified its move saying the bank needs to impose some charges to balance the "burden" of managing a large number of no-frills Jan Dhan accounts. 

SBI creates wholly-owned subsidiary to manage real estate 
Banks > SBI > Mar 11

The country's largest lender State Bank of India has incorporated a specialised firm -- SBI Infra Management Solutions Pvt Ltd (SBIIMS) -- that will manage its premises and real estate property across the country. 

ICICI Bank, SBI, StanChart top bank frauds list: RBI 
Banks > ICICI > Mar 11

ICICI Bank topped the list of banks that witnessed most number of frauds during April-December period of 2016 with state-owned SBI taking the second spot, RBI data said. 

EVMs should not be used for upcoming Municipal Elections in Delhi: Arvind Kejriwal writes to EC
India > Assembly Election > Mar 14

Delhi Chief Minister Arvind Kejriwal on Tuesday wrote to the Election Commission of India asking them to not use EVMs for upcoming Municipal Elections. The general election to three municipal corporations of Delhi will be held in April.

Goa governor appoints Manohar Parrikar as CM, asks him to prove majority in 15 days
India > Goa > Mar 12

Goa Governor Mridula Sinha on Sunday appointed BJP legislature party leader Manohar Parrikar as the chief minister and asked him to prove majority on floor of the House within 15 days of taking oath, after he staked the claim to form government.

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