Economics & Business (3 – 8 Dec 2018)

Economics & Business (3 – 8 Dec 2018)

December 09, 2018

  1. The RBI will reduce the Statutory Liquidity Ratio (SLR) by 0.25% every quarter beginning January 2019.
  2. The Reserve Bank of India will implement an ‘Ombudsman Scheme for Digital Transactions’ covering services provided by entities falling under Reserve Banks regulatory jurisdiction.
  3. State Bank of India will cease to be a fund manager of retirement fund body EPFO by the end of March 2019.
  4. ICICI Securities and Bombay Stock Exchange (BSE) has launched ‘eATM’ facility on 3 December 2018.
  5. Hindustan Unilever Limited (HUL) approved the merger with GlaxoSmithKline Consumer Healthcare (GSKCH India) through an-all equity deal.
  6. The Reserve Bank of India’s Monetary Policy Committee (MPC) kept the repo rate unchanged at 6.5% on 5 December 2018.
Next
« Prev Post
Previous
Next Post »
Subscribe to: Post Comments (Atom)