Current Affairs for 3 February 2016

HDFC Bank to sell loans to non-customers through ATMs

• HDFC Bank, is now using its ATM network to grab new customers, including those of other banks who happen to use the bank’s ATMs.

Archana Ramasundaram became first woman to head a paramilitary force

                                     
Senior IPS officer Archana Ramasundaram appointed Director General of Sashastra Seema Bal (SSB), thus became the first woman to head a paramilitary force.

• The 1980-batch officer is the current head of the National Crime Records Bureau (NCRB).
• She has been appointed to the post till the date of her superannuation — September 30, 2017 — an order issued by the Department of Personnel and Training (DoPT) said.

RBI keeps key rates unchanged

• The Reserve Bank of India (RBI) maintained a status quo in its sixth bi-monthly monetary review policy for year 2016 announced today.
• Keeping the rates unchanged, the apex bank has kept its stance on the credit policy accommodative.

Current Rates are as follows –

1. Repo Rate – 6.75% (Unchanged)

2. Reverse Repo Rate – 5.75% (Unchanged)

3. CRR (Cash Reserve ratio) – 4% (Unchanged)

4. Bank Rate – 7.75% (Unchanged)

5. MSF (Marginal Standing Facility) – 7.75% (Unchanged)

6. SLR (Statutory Liquidity Ratio) – 21.5% (Unchanged)

SBI Launches FlexiPay Home Loan Scheme For Professionals

• State Bank of India introduced a new home loan scheme ‘SBI FlexiPay Home Loan’ for young working professionals/executives.

Vietnam gets world’s longest cable car system

• Vietnam today inaugurated the world’s longest three-rope cable car system in Lao Cai province.
• With a total length of 6,292.5 metres, the system was recognized by the Guinness World Records as the world’s longest three-rope cable car route, and also the world’s biggest height gap between its departure and arrival stations of 1,410 metres.

Alphabet becomes The Most Valuable Public Company In The World

• Google’s parent company Alphabet surpassed Apple to become the most valuable U.S. traded company in the world.

Rajkot franchise IPL team name as ‘Gujarat Lions’

• Intex Technologies, which owns the newly formed Rajkot IPL team, announced its official name as ‘Gujarat Lions’.
• The team also announced Suresh Raina as its captain. Other key players in the team include Brendon McCullum, Ravindra Jadeja, James Faulkner and Dwayne Bravo. Brad Hodge has been named as the coach of the team.

India, Afghanistan ink pact for visa-free travel by envoys

• India and Afghanistan have signed an agreement for visa-free travel for diplomatic passport  holders of the two countries.

WHO declares Zika virus outbreak as International Emergency

• The World Health Organisation (WHO) has declared an international public health emergency over the explosive spread of the mosquito-borne Zika virus.

Join 40,000+ readers and get free notes in your email

This entry passed through the Full-Text RSS service - if this is your content and you're reading it on someone else's site, please read the FAQ at http://ift.tt/jcXqJW.