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Important Banking Current Affairs 2017-18 for IBPS Clerk Mains

Important Banking Current Affairs 2017-18 for IBPS Clerk Mains

Latest Monetary Policy Rates:

  • Repo Rate: 6%
  • Reverse Repo Rate: 5.75%
  • Marginal Standing Facility (MSF): 6.25%
  • Bank Rate: 6.25%
  • Cash Reserve Ratio (CRR): 4%
  • Statutory Liquidity Ratio (SLR): 19.5%

Important Banking Current Affairs 2017-18 for IBPS Clerk Mains

Which country has emerged as the top borrower from AIIB (Asian Infrastructure Investment Bank)?
India – 1st, Indonesia – 2nd position.

AIIB President: Jin Liqun,
Head Quarter’s: China, Beijing.

According to WEF (World Economic Forum), India stood at which position on a Global Manufacturing Index (GMI) 2017-18?
30th position.

1st position: Japan.
Japan’s Prime Minister: Shinzo Abe.

According to data released by CSO (Central Statistics Office), The retail inflation based on CPI (Consumer Price Index) rises to __________ in December 2017 and Indian Economy will expand by _________ in FY2018.
Retail Inflation: 5.21% ,
Indian Economy expand by 6.5%

Who is the president of WEF (World Economic Forum)?
Borge Brende.

Who took charge as the CEO of Barclays Bank in India?
Ram Gopal.
Barclay’s bank head office: London, United Kingdom.

Who is the newly appointed MD & CEO of NPCI (National Payments Corporation of India)?
Dilip Asbe.

Which private sector bank has signed a MoU with Paytm Payments Bank for providing fixed deposit facility?
IndusInd Bank.

Chairman: Mr. R. Seshasayee
Tagline: We Make You Feel Richer.
Head Office: Mumbai.

The Reserve Bank of India (RBI) is about to issue new Rs. 10 currency notes, The new currency note includes the signature of RBI governor and design of ____________ on another side.
Konark Sun Temple.

Who has been named as the best central bank governor 2018 in Asia-pacific?
Ravi Menon.

Recently, The RBI has initiated prompt corrective action (PCA) against which PSU bank?
Allahabad Bank.
MD & CEO-Usha Ananthasubramanian,
Tagline: A Tradition of Trust,
Headquarters- Kolkata.

The NABARD (National Bank for Agriculture and Rural Development) has sanctioned Rs. 372.51 crore loan amount to which state government?
NABARD Chairman- Harsh Kumar Bhanwala,
Headquarters- Mumbai.

The India Post Payments Bank (IPPB) has signed an agreement with which organization for providing training on payment banking for its employees.
IICA ( Indian Institute of Corporate Affairs).

Which PSU bank has signed a MoU with POORTI Agri Services Ltd., that helps the farmers to purchase agricultural inputs – fertilizes, seeds, pesticides etc.?
Bank of Baroda.
POORTI: Platform for Online Ordering & Rural Transformation of India.
BOB Chairman:P.S.Jayakumar.
Head Office: Vadodara, Gujarat.
Tagline: India’s International Bank

According to CARE Ratings, Which country stood at the top position with the highest level of non-performing assets (NPA)?

1st – Greece,
2nd – Italy
3rd- Portugal
4th – Ireland
5th – India.

Note: India is at the top among BRICS countries with high NPAs.

According to World Economic Forum, India is at which position among world’s largest economies?
5th largest economy – India.
Top 3 economies: The USA, China, and Japan.

Which mobile payment app has crossed 100 million downloads on play store?
Paytm (India’s largst mobile financial services app).
CEO: Vijay Shekar Sharma, Head Office: Noida.

Recently SBI has initiated banking digital service platform ‘YONO’ to perform all day to day transactions – booking cabs, entertainment, food, travel etc., Expand YONO.
YONO – ‘You Only Need One’.

Recently, Which private sector bank has started an all women branch in Chennai to encourage gender equality?
The Ratnakar Bank limited (RBL Bank).
Head Office: Mumbai.

Which private sector bank has tied with Hedge Equities Ltd. for providing PIS (Portfolio Investment Scheme) services to NRIs?
Federal Bank
CEO: Shyam Srinivasan
Tagline: Your Perfect Banking Partner
Head Office: Kochi, Kerala.

Which Indian public sector bank has been tied up with NSFDC for providing financial assistance SC families living below DPL (Double Poverty Line)? Expand NSFDC.
PNB: Punjab National Bank.
NSFDC: National Scheduled Castes Finance and Development Corporation.


  1. Central Bank of India: Bajrang Singh Shekhawat
  2. Punjab and Sind Bank: Govind N Dongre.
  3. Indian Overseas Bank: Ajay Kumar Srivastava
  4. Canara Bank: Matam Venkata Rao.
  5. Andhra Bank: Kul Bhushan Jain.
  6. Dena Bank: Rajesh Kumar Yaduvanshi
  7. Bank of India: Chaitanya Gayatri Chinthapalli.
  8. Syndicate Bank: S Krishnan.
  9. Punjab National Bank: Lingam Venkata Prabhakar.

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