Weekly Current Affairs September 2017- Week II

Weekly Current Affairs September 2017- Week II

Banking and Financial Awareness

  • Punjab National Bank and BSNL have teamed up to roll out open mobile wallet Speedpay. 
  • Income tax department is set to launch Project Insight from next month, which will gather virtual information to trace black money. 
  • The Pension Fund Regulatory and Development Authority (PFRDA) has raised upper age limit for joining the National Pension Scheme (NPS) to 65 years, from the current 60. 
  • Paytm Payments Bank has partnered with National Payments Corporation of India (NPCI) to launch RuPay-powered digital debit card. 
  • Payment gateway provider PayU has collaborated with the Indian Railway Catering and Tourism Corporation (IRCTC) to provide online payment services. 
  • The Ministry of Corporate Affairs and the Central Board of Direct Taxes (CBDT) has signed a memorandum of understanding (MoU) for automatic sharing of data and information on a regular basis. 
  • India’s foreign exchange (Forex) reserves have crossed $400 billion mark for the first time, according to Reserve Bank of India (RBI). 
  • The Union Cabinet chaired has given its approval to introduce of the Payment of Gratuity (Amendment) Bill, 2017 in the Parliament. 

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