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Weekly Current Affairs October 2017: Week I

Banking and Financial Awareness

  • HDFC Life Insurance Company has launched Neo which is a servicing bot for Twitter.
  • The Appointments Committee of the government has named Rajnish Kumar as the new chairman of SBI or the State Bank of India.
  • Reserve Bank of India (RBI) announced Fourth Bi-Monthly Monetary Policy Statement for the financial year 2017-18. Repo and Reverse repo rates were unchanged.
  • The state-owned Indian Renewable Energy Development Agency (IREDA) has become the first Indian financial institution to raise ‘green masala bonds’.
  • Digital payment firm Mobikwik partnered with IRCTC Rail connect app.
  • RBI has opened a new branch in Dehradun the capital city of Uttarakhand state.
  • HPCL- Hindustan Petroleum Corporation tied up with Vijaya Bank for Digital payments.
  • India signed a contract with EIB- European Investment Bank for financing Bangalore Metro Rail project.

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