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Weekly One Liner December: Week 2

Weekly Current Affairs December: Week 2

Banking and Financial Awareness:

  • India International Exchange (India INX) has received approval from SEBI for the listing of debt securities.
  • RBI Imposes Restrictions on Corporation Bank for its Bad Loans Crosses 10%.
  • RBI Imposes Rs 3 crore Penalty on IndusInd Bank for break rules on income classification norms.
  • SBI Starts State Bank Rewards Scheme.
  • RBI Raises FPI Limit Rs 6,400 crore in Central Government Securities (G-Secs) and Rs 5,800 crore in State development loans (SDLs).
  • ADB Lowers India’s GDP forecast for FY18 to 6.7%.
  • WPI Inflation at 8-month High of 3.93% in November.

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