PSBs to Link SWIFT With CBS
Banking current affairsmagazine All the public sector
banks will be going to link their SWIFT based systems with their own Core Banking
Solution (CBS) systems by the end of April 30 as a standard to deter fraud. Banking current affairsmagazine The state-run banks also
determined to speed up the process of taking out “cyber insurance”. Government
Signs Guarantee Of Rs 5,000cr monthwise current affairs for IRFC Bonds The Ministry of Finance has confirmed the Government
guarantee of Rs 5,000 crore in the current fiscal year for the IRFC bonds to be
contributed by the Life Insurance Corporation(LIC). monthwise current affairs The movement will moreover ease the flow of borrowed
funds for the Railways Ministry to undertake the project
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