Daily GK 30 Oct. 2020
1. UK-INDIA ECONOMIC AND FINANCIAL DIALOGUE
• 10th Round of Ministerial the United
Kingdom (UK)-India Economic and Financial Dialogue (EFD) was held virtually
where India was represented by Union Minister Nirmala Sitharaman, Ministry of
Corporate Affairs (MCA) and Ministry of Finance and UK delegation was led by
Chancellor of Exchequer, Rishi Sunak.
2. LOAN AGREEMENT WITH JBIC
• NTPC (formerly known as National Thermal
Power Corporation Limited) Limited signed foreign currency loan agreement with
Japanese Government’s financial institution, Japan Bank for International
Co-operation (JBIC) for JPY (Japanese Yen) 50 billion (approx. USD 482 million
or Rs. 3,582 crore) under its Global Action for Reconciling Economic growth and
Environment preservation (GREEN) initiative.
• It should be noted that this is the first
funding for NTPC Ltd under JBIC’s GREEN .
• Apart from NTPC, State Bank of India (SBI)
also signed a loan agreement of $1 billion with JBIC under which the latter
will provide funds for the manufacturers, suppliers and dealers of Japanese
automakers in India.
3. GO LIVE ON RBI’S ACCOUNT AGGREGATOR FRAMEWORK
• IndusInd Bank announced that it has gone
live as a Financial Information Provider (FIP) under the new Account Aggregator
(AA) Framework of the Reserve Bank of India (RBI).
• IndusInd Bank becomes the 1st bank in
India to do so.
4. ASIA’S SAFEST BANK FOR 12TH CONSECUTIVE YEAR
• Global Finance, New York based trade
publication released the list of World’s 50 Safest Banks 2020 which named DBS
Bank, Singapore as the Safest Bank in Asia for the 12th consecutive year.
• DBS secured the 4th rank as the safest
commercial bank in the world and 14th safest bank globally from 2019 and 2018.
• Global Finance has named State Bank of
India(SBI) as the Safest Bank in India.
TOP 3 WORLD’S SAFEST BANK & ASIA’S SAFEST BANK
2020:
Rank Top
3 World’s Safest Banks 2020 Top
3 Safest Banks in Asia 2020
1 KfW
(Germany) DBS
Group (Singapore)
2 Zuercher Kantonalbank
(Switzerland) Oversea-Chinese
Banking Corporation(Singapore)
3 BNG Bank (Netherlands) United
Overseas Bank(Singapore)
14 DBS Bank (Singapore)
