AML & KYC Norms
AML Norm - Anti Money Laundering
KYC Norm - Know Your Customer
RBI has imposed penalty on Dhanalaxmi Bank for violation of KYC and AML Norms.
FIF stands for Financial Inclusion Fund.
Corpus is Rs. 2000 Cr.
FEMA stands for Foreign Exchange Management Act,1999
PFRDA stands for Pension Fund Regulatory and Development Authority.
GMS stands for Gold Monetisation Scheme.
GMS 2015 replaces the existing GDS (Gold Deposit Scheme),1999.
DSIBs means Domestic Systematically Important Banks.
RBI declared SBI and ICICI as D-SIBs.
RBI has declared to issue coins of Rs.5 denomination to commemorate the Golden Jubilee Year of Indo Pak War,1965.
Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials.
RBI has cancelled the license of its holding company SIFCL.
ECB stands for External Commercial Borrowing.
SWF stands for Sovereign Wealth Bonds.
SDR stands for Strategic Debt Restructuring.
ICICI Bank Canada, launched Student GIC Program.
m-Visa is launched by ICICI Bank.
Saral-Rural Housing Scheme is launched by ICICI.
'Smart Vault' locker facility is launched by ICICI.
UCO Bank registered highest increase in gross Non-performing assets.
GIFT stands for Gujarat International Finance Tec-City.
YES Bank operationalized its unit in GIFT.
Chairman of Bandhan Bank is Ashok Lahiri.
MD & CEO is Chandra Sekhar Ghosh.
HQ at Kolkata.
"Aapka Bhala, sabki bhalai" is the slogan or tagline.
Founded on 23rd August 2015. Inaugurated by Arun Jaitley.