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1. Bandhan Financial Services started operations as Scheduled Commercial Bank
i. Bandhan Financial Services, a Micro Financial Institution (MFI), on 23 August 2015 started operations as a Scheduled Commercial Bank (SCB). Henceforth it will be called as Bandhan Bank. The banking services were inaugurated by the Union Finance Minister Arun Jaitley in Kolkata.

ii. With this, Bandhan became the first micro finance company in the country to start operations as a full-fledged commercial bank. It is also the first commercial bank from Eastern India to get RBI clearance since independence.


The Union Government on 15 August 2015 launched a web portal named Vidya Lakshmi (www.vidyalakshmi.co.in) for the benefit of  students seeking Educational Loans.

It is the first portal of its kind that provides single window for students to access information and make application for educational loans provided by banks as well as for government scholarships.

The Portal was developed by NSDL e-Governance Infrastructure Limited (NSDL e-Gov) under the guidance of Department of Financial Services under Union Ministry of Finance, Department of Higher Education under Union Ministry of Human Resource Development and Indian Banks’ Association (IBA).

 Highlights of the Portal
• It provides information about educational loan schemes of banks
• Common educational loan application form for students
• It has facility to apply to multiple banks for educational loans

 


Assam Gramin Vikash Bank has finalized the interview list of candidates for the post of Officer Scale I, Officer Scale II and Office Assistant under Recruitment Project 2015.
                                       
                                                  Image result for assam gramin vikash bank

 


Dear readers, please find below the GK & Current Affairs Power Capsule for the month of September 2014. This capsule has been prepared by Career Power Institute, Delhi keeping in mind the upcoming exams of IBPS PO and SSC CGL.

 



 

 


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