March 13, 2015

Latest Daily Banking and Economy Update for Banking Exams & Interview- 13 March 2015

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Latest Daily Banking and Economy Update for IBPS Exams & Interviews- 13 March 2015

Daily date wise latest updates of banking and economic news which would help the banking aspirants for their exams and Interview. 

General Awareness and General Knowledge is the important part of any competitive examination. Our series of GK updates will help you to perform better in various examination and interviews. 

Banking & Finance News
·   State Bank of India aims to cut bad debt with huge online property auction (Source: The Economics Times)
·   Govt asks PSU banks to step up lending to minorities (Source: The Economics Times)
·   Bankers say RBI’s revised rule makes it difficult to cut lending rates (Source: The Economics Times)
·   Japan's Sumitomo Mitsui Trust Bank buys Reliance Capital stake (Source: The Economics Times)
·   Manappuram eyes universal bank licence (Source: Business Standard)
Economy / Policy News
·   Govt expects Rs 250 bn foreign investment in insurance sector (Source: The Economics Times)
·   Consumer inflation inches up to 5.37% in February, IIP grows at 2.6% (Source: The Economics Times)

·   Rate cut hopes dim as inflation rises for third month in February (Source: The Economics Times)
·   India pitches for ratings upgrade with Fitch (Source: The Economics Times)
·   FY16 current account deficit seen at 0.5-0.6% of GDP (Source: The Hindu Business Line)