29 April 2021 Current Affairs
The Shivalik Small Finance Bank Limited has received the license under which Section of the RBI Act to begin operating as SFB?
The Shivalik Small Finance Bank Limited has received the licence from RBI under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India.
Aceware FinTech Services, a fintech services company based out of Kerala has launched the state's first neobank, Ace Money Neobank in partnership with the Yes Bank and ICICI Bank.
The NDB priced its 5-year USD 1.5 billion benchmark bond. This transaction is the third USD benchmark bond offering of the Bank in the international markets.
The India has retained its position as the third biggest military spender in the world in 2020, according to new data titled 'SIPRI Military Expenditure Database'.
As per the new report, the top five biggest spenders in 2020 were the United States ($778 billion), China ($252 billion), India ($72.9 billion), Russia ($61.7 billion) and the United Kingdom ($59.2 billion) respectively.
EXAMIANS