Weekly Current Affairs July 2018:2nd Week

Published on Monday, July 09, 2018

Banking and Financial Awareness:

  • HDFC Bank becomes Most Valuable Bank in Emerging Market Outside China.
  • YES Bank Gets SEBI Nod To Launch Mutual Fund Business
                Yes Bank MD and CEO- Rana Kapoor.
                 Head office - Mumbai.
  • ICICI Bank's Mortgage Portfolio Crosses Rs1.5-Trillion, making it the largest private player in the segment.
  • RBI Licences Bank Of China To Operate In India and this will be the second Chinese bank to be operating in the country.
  • NABARD has sanctioned Rs 735.53 crore for West Bengal for facilitating the execution of 86 projects.
  • LIC (Life Insurance Corporation) gets IRDAI’s nod to buy stake in IDBI Bank.


  • Justice Adarsh Kumar Goel Appointed NGT Chairperson.
  • Payments Council Of India Appoints Vishwas Patel As New Chairman.
  • Major General Jose Eladio Alcain appointed as the Head of the UN Military Observer Group in India, Pakistan.
  • an Indian-American top White House lawyer, Uttam Dhillon appointed Head of Drug Enforcement Agency In US.
  • Saraswati Prasad appointed as chairman and managing director of Steel Authority of India Limited (SAIL).
  • P K Shrivastava appointed as the new Director-General and Chairman of the Ordnance Factory Board.
  • K B Vijay Srinivas appointed Director& GM of United India Insurance Company.
  • State Bank of India (SBI) has selected Arijit Basu as Managing Director of the SBI.
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