Get Started with ixamBee
Start learning 50% faster. Sign in now
The Ministry of Defence has allowed HDFC Bank, Axis Bank, and ICICI Bank to provide financial services in overseas procurement done by the department, a first after the Centre opened up allocation of government business for private banks. These private banks will provide Letter of Credit and direct bank transfer business for overseas procurement by the defence ministry. These banks may be allocated with LC business of Rs 2,000 crore, each on the capital and revenue side, for one year on concurrent basis (Rs 666 crore for each bank under both capital, as well as revenue). Until now, only authorised public sector banks were allowed to provide these services to the defence ministry. ICICI Bank Headquarters: Mumbai MD &CEO: Sandeep Bakhshi Axis Bank Headquarters: Mumbai MD &CEO: Amitabh Chaudhry HDFC Bank Headquarters: Mumbai CEO: Sashidhar Jagdishan
Which of the following famous sports personality recently resigned as National Sports Observer
In FY24, what was the value of GST evasion detected in the online gaming sector?
Revenue is recognized when the revenue is earned, not when the cash is received
Match List-I with List-II and choose the correct answer from the codes below:
Loan repayment by instalment payments is called as -
Who designed the rock garden in CHANDIGARH?
The World Food Program (WFP) is the food assistance branch of the United Nations. Where is it headquartered?
What is the minimum credit risk percentage required for NBFCs in co-lending arrangements?
According to the National Family Health Survey, which of the following health indicators has shown an increase, in the survey results of 2019-21, compar...
In which of the following year was the Tata Iron and Steel Company established?
