- Minister of Human Resource Development: Prakash Javadekar.
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Bank & Insurance Mahapack Highlights
- Structured course content
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- Prakash Javadeker is the present HRD Minister of India.
- Mr. Milind Barve is the Managing Director of HDFC MF.
- It headquarters in Mumbai.
i. Syndicate Bank and SBI Life Insurance signed a bancassurance pact aiming to offer a comprehensive financial planning solution to its customers. The pact was signed between Syndicate Bank MD & CEO, Mrutyunjay Mahapatra and MD and CEO of SBI Life, Sanjeev Nautiyal.
ii. Through the pact, Syndicate Bank will provide penetration in the market with its 3,000 branches and SBI Life’s diverse range of protection, wealth creation and savings insurance products will be brought to the table to the customers.
Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:
- Syndicate Bank Headquarters: Manipal, Karnataka, Tagline: Faithful and Friendly.
i. Markets regulator Securities and Exchange Board of India (SEBI) has allowed custodial services in the commodity derivatives market. The move is aimed at enabling the participation of institutional investors such as mutual funds and portfolio managers in the commodity derivatives market.
ii. Under the new framework, existing custodians will be permitted to add commodities as an asset class and provide physical delivery of both the securities and commodities.
Static/Current Takeaways Important For IBPS Clerk Mains Exam:
- SEBI- Securities and Exchange Board of India.
- SEBI Chairman- Ajay Tyagi, Headquarters- Mumbai.
i. Renowned Bengali writer and Sahitya Akademi awardee Dibyendu Palit passes away due to age-related ailments. He was 79-year-old.
ii. Palit was conferred the Sahitya Akademi for his novel ‘Anubhab’ in 1998. He was awarded the ‘Bankim Purashkar’ for ‘Dheu’ in 1990 and ‘Ananda Purashkar’ in 1984 for ‘Sahojoddha’.