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December 11, 2017

August 2017 #8 - Current Affairs for IBPS Clerk and RBI Assistant Exams

August 2017 Current Affairs for IBPS Clerk and RBI Assistant Exams

August 2017 Current Affairs for IBPS Clerk and RBI Assistant Exams


  1. Flipkart launched Budding Star Programme, a program aimed at Flipkart employees to help them achieve their dreams by providing them financial assistance and paid leaves.
  2. Ujjivan Small Finance Bank Ltd has been given scheduled bank status by RBI.
  3. State Bank of India has launched a CSR (Corporate Social Responsibility) initiative SBI Gram Seva, which will work in areas of health, education, environment and rural infrastructure.
  4. Securities and Exchange Board of India directed companies that fail to disclose any default on payment of interest or repayment of principal to banks or financial institutions within a day, from October 1 Onwards.
  5. Punjab National Bank introduced biometric attendance, to enforce punctuality among employees. 
  6. National Payments Corporation of India  approved Spice Digital Ltd. for processing bill payments under Bharat Bill Payment System (BBPS) as a Bharat Bill Payment Operating Unit (BBPOU).
  7. Messaging app Hike Messenger acquired Bengaluru-based tech start-up Creo.
  8. Lok Sabha passed National Bank for Agriculture and Rural Development (Amendment) Bill 2017 that amends NABARD Act 1981.
  9. Karur Vysya Bank became First Private Sector Bank to roll out an Aadhaar Enrollment Centre, at its Nelson Manickam Road Branch in Chennai.
  10. Insurance Regulatory and Development Authority of India (IRDAI) launched a Central Database of all Insurance Sales Persons in country, which is named as Envoy
  11. India signed US$ 329 million Loan agreement with Beijing (China) based Asian Infrastructure Investment Bank (AIIB) for Gujarat Rural Roads Project.
  12. India signed Global Environment Facility (GEF) Grant Agreement with World Bank for USD 24.64 Million for “Ecosystems Service Improvement Project”.
  13. ICICI Bank launched instant credit cards enabling its savings account customers to get a credit card instantly, in a completely digital and paperless manner.
  14. Government launched a new Exchange Traded Fund (ETF) named BHARAT 22, consisting 22 stocks.
  15. Government approved 100% disinvestment through strategic sale of Central Electronics Limited (CEL), with net worth approx 50 crores.

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