It is the most ambitious projectof the government of Gujarat to develop thestate as a hub of international finance.It is clear that getting the Gujarat InternationalFinance Tec-City, or GIFT, underway is oneof the major priorities for Prime MinisterNarendra Modi
2.
First RRB was named Prathma Bank andwas set up in
The original idea of setting upof RRBs was to develop backward districts.An innovation in Indian rural credit was thesetting up of the regional rural banks. Thefirst such bank was set up in the year 1975.These banks are set up exclusively in ruralareas; more generally, their staff is recruitedfrom the local areas. The area of operation ofthese banks is restricted to rural areas.
3.
Who is regarded as the first dollar billionairein the US?
4.
The government has proposed disinvestmentin this bank. As a mark of protest, itsemployees gave a call for strike
Employees have demanded awritten assurance from the government thatits stake in IDBI Bank will not be reducedbelow 51%. The government has 72%shareholding in the bank. This is the secondsuch strike on the issue.
5.
Kingfisher Airlines was forced to close downn the year
It defaulted on loans. It wasincurring huge losses.
6.
Which institution is not a part of the
