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Daily Bank GK Updates - 11th February 2016
 

Daily Bank GK Updates - 11th February 2016

TestFunda ,  11-Feb-16
Bad loans pull down SBI profit by 67% *
Banking and Insurance > SBI

State Bank of India posted 67 per cent decline in consolidated profit to Rs 1,259.49 crore for the third quarter ended December 31, 2015-16, on account of higher provisioning for bad loans. The SBI Group had registered a net profit of Rs 3,828.20 crore in the October-December quarter of the 2014-15 fiscal.



Wipro Consumer Care announces scholarship for girl students
Corporate > Wipro Consumer Care

Wipro Consumer Care in association with 'Wipro Cares' has announced Santoor Scholarship programme, an initiative which would provide free scholarships to underprivileged girls. It will be rolled out in 2016-17 and will initially cover Andhra Pradesh and Telangana. The scholarships are open to girls from underprivileged and disadvantaged backgrounds who wish to pursue their diploma/degree. 



India ranks second last in US chamber’s global IP index
India > Global IP Index

At a time when the Centre is set to introduce a new Intellectual Property Rights policy, the latest US Chamber of Commerce International IP Index has placed India at number 37 out of the 38 countries analysed with regard to international best practices, with only Venezuela scoring lower. 

The US Chamber of Commerce released its 4th annual International IP Index -Infinite Possibilities- which measured the IP environment in India alongside 37 other economies. GIPC noted that the publication of new guidelines for patentability of computer implemented inventions (CIIs) would have provided a greater level of clarity on what until now was a grey area of patentability.



Harinder Sidhu to be new Australian High Commissioner to India *
Politics and Government > Australian High Commissioner to India

Australia announced the appointment of Indian-origin Harinder Sidhu as the country's next High Commissioner to India. Sindhu, a senior career officer with the Department of Foreign Affairs and Trade, has been also serving as First Assistant Secretary of the Multilateral Policy Division and also has served overseas in Moscow and Damascus. 


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