- Some parts of Kashmir may soon be free from Disturbed Areas Act (DAA) paving way for withdrawal of Armed Forces Special Powers Act (AFSPA)
- Pakistan elected as a non-permanent member for 2-year term in UN Security Council from 1 Jan 2012
- Hina Rabbani Khar : Pakistan Foreign Minister
- Hillary Clinton : US Secretary of State
- Railway Protection Force (RPF) Commemoration Day observed on 21/10
- NABARD sanctioned 3609 project costing Rs.4257Cr & loan assistance of Rs.3427Cr to Kerala, under RIDF Tranche I to XVI (1995-96 to 2010-11)
- State Bank of Travancore net profit at Rs.580Cr in 1st half
- Rathan Kelkar : Director of Grand Kerala Shopping Festival (GKSF)
- South Indian Bank to be sponsor of GKSF
- Ashok Leyland : owned by Hinduja Group
- enters Light Commercial Vehicle (LCV) segment
- APSingh : CBI Director
- Section 10-A of the Representation of the People Act 1951 : "...provide true & correct account of election expenses..."
- Election Commission of India disqualified Umlesh Yadav, sitting MLA, UP under this section
- "Mercury is one of the top 10 chemicals of public health concern & is highly toxic" - WHO (World Health Organisation)
- Talks of treaty to ban mercury rises
- India-Myanmar to double bilateral to $3b by 2015
- Baburam Bhattarai : Nepal PM, visits India
- India expressed broad support to the peace & constitutional process underway in Nepal
- formalised Bilateral Investment Promotion & Protection Agreement (BIPPA), which commits one State to provide compensation to commercial entities, whose country of origin is the other, particularly in case of wars, national emergencies & armed conflicts
- Pranab Mukherjee (Finance Minister) & Anil Jha (Industry Minister of Nepal) signed a pact to promote investment flows between the 2 countries
- EXIM Bank of India & Finance Ministry of Nepal signed a MoU (Memorandum of Understanding) in providing $250m line of credit to Nepal at a concessional rate of 1.75% per annum
- India to provide grant assistance for a goiter control programme in Nepal
- Both sides failed to agree on a DTAA (Double Taxation Avoidance Agreement)
- Shakti-2011 : a joint exercise by Indian & French armies
- Supreme Court of India directed Jaypee Sports International to deposit 25% of ticket sales in 'no-lien' account - account from which withdrawal is not possible with out the court's permission
- Soyuz : Russian spacecraft's maiden launch from Kourou, French Guiana
- Put 2 Europe's first GPS satellites into orbit
- Galileo : Global Positioning System (GPS) of Europe
- Public Sector Banks (State-run banks led by SBI, Central Bank, Syndicate Bank & Canara Bank) decided to raise home loan tenor to 25-30 yrs or till the borrower touches the age of 70yrs
- SBI to extend tenor to 10-30yrs or till the borrower touches the age of 70 yrs
- Petroleum & Natural Gas Ministry to award Oil, Gas blocks under NELP-IX (New Exploration Licensing Policy's 9th round) by next month end
- Dun & Bradstreet-Axis Bank Infra Awards 2011 : 2 awards claimed by Ramky Infrastructure Ltd
- 80mld(million litres daily) Sewage treatment plant in Mumbai bags Urban Infrastructure Development Award
- Jawaharlal Nehru Pharma City in Vizag bags Public Private Partnership Award
- Abhijeet Gupta : Former World Junior Chess Champ
- Claimed his maiden National Chess Title
- Vijaya Emani : Indian-American Activist
- US President Barack Obama honoured her posthumously with Presidential Citizens Medal
- for her courage in overcoming & speaking out against domestic abuse in Indian-American community
- US's Second-Highest Civilian Honour
- Some bank related abbreviations
- CRAR : Capital to Risk Weighted Assets Ratio
- NIM : Net Interest Margin
- CoD : Cost of Deposits
- YoA : Yield on Advances
This blog is all about daily updates on news and event going around us and some other materials that will be helpful for preparing for bank clerical/officer and other competitive exams. Hope it will be useful.
Feel free to put in your comments, suggestions and to share your knowledge with us too. Have a great day!

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