March 14, frauds. The data provided by RBI was for the current fiscal. In ICICI Bank, a total number of 455
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1 March 14, 2017 RBI s bank fraud list features ICICI, SBI at the top In a recent report prepared by the Reserve Bank of India (RBI) and submitted to the Finance Ministry, it has been stated that the most frauds have occurred in ICICI Bank. As per the report, the second spot has been taken by the State Bank of India (SBI) for the second highest number of frauds. The data provided by RBI was for the current fiscal. In ICICI Bank, a total number of 455 frauds were detected, each of which involved more than Rs 1 lakh. The total number of bank frauds at SBI Bank was 429. This was followed by Standard Chartered with 244 cases and HDFC Bank at 237 cases. There were others as well such as Axis Bank with 189 fraud cases, Bank of Baroda at 176, and Citibank at 150 cases. Yes Bank bullish on smart cities, signs up 3 projects Mid-sized private sector lender Yes Bank is looking at smart cities initiative as a lucrative business opportunity and has signed up three projects to offer payments-related solutions. We have tied up with Udaipur, Nashik and Puducherry for introducing various solutions for the smart city initiative. There is a revenue share arrangement in the contracts which it will be signing with the service providers, which helps the bank get some commission on usage. 1
2 Google s Internet Saathi programme Most of us can probably remember the excitement of discovering the internet for the first time and exploring the unending facets of the web. What we can remember less well is when this internet usage graduated from being PCdominated to the ease and convenience of tablets and mobile phones. This digital literacy, which summons all kinds of information to command, is something we usually take for granted but there is a gender dimension to it. Only 30% of internet users in India are women a steep gender gap by world standards. British F1 legend John Surtees passes away British Formula One (F1) legend John Surtees passed away. He was 83. He was the only racer to have won world championships on motorbikes and in Formula One. He had won the 500cc motorcycle world championship in 1956, 1958, 1959 and 1960 with the MV Agusta factory team by scoring 22 wins at the top level. He had made his debut for Lotus and winning the Formula One title for Ferrari in He had suffered a life-threatening accident in Canada, in 1965, from which he recovered to continue racing. 2
3 SSP Chawrasia defends Indian Open Title SSP Chawrasia (38) created history after defending his title at the Hero Indian Open with a remarkable seven-stroke win in New Delhi. He is only the second Indian golfer after Jyoti Randhawa to successfully defend the Hero Indian Open. It was his sixth win on the Asian Tour and overall sixth international victory. With this victory, he also became the first Indian to win back-to-back Indian Open titles at different venues (DGC & DLF Golf & Country Club). He also became first Indian to successfully defend a European Tour title and the first player to win their first four events in their home country. HSBC appoints Mark Tucker as its New Chairman Europe s biggest bank HSBC Holdings Plc has appointed Mark Tucker as its chairman. He will replace Douglas Flint and would take over as group chairman designate from September 2017 and as non-executive group chairman on October Tucker is an ICAEW chartered accountant. Currently, he is group chief executive and president of AIA Group Limited, the largest independent public listed pan-asian life insurance group. He also has been an independent non-executive director of the Goldman Sachs group since November
4 SBI, German Development Bank KfW sign $274 mn agreement Country's largest lender State Bank of India has signed an agreement with German KfW Development Bank for USD 274 million (Rs 1,800 crore) loan facility to finance affordable housing segment in the country. With its focus on housing loans for economically weaker sections (EWS) and lower income group (LIG) households, the facility is designed to complement the government's flagship affordable housing programme, the Pradhan Mantri Awas Yojana. The promotional loan has a maturity of 15 years. SBI is committed to support government's mission of housing for all and this facility will be additional impetus to support this mission. Thai contestant crowned Miss International Queen Jiratchaya Sirimongkolnawin was crowned Miss International Queen 2016 at a contest billed as the world's largest and most popular transgender pageant. The 25- year-old beat 24 other contestants for the crown, with the second and third place going to contestants from Brazil and Venezuela, respectively. The pageant, which brings together transgender people from around the world, was launched over a decade ago to help transgender women feel more accepted by society. It's like a new category, but the gender already existed a long time ago. The contest, in its 12th year, was held at the Tiffany's nightclub, which is famous for its transvestite cabaret. 4
5 Manohar Parrikar appointed as new Goa Chief Minister Governor Mridula Sinha appointed Manohar Parrikar as chief minister of Goa and asked him to prove majority on the floor of the state assembly within 15 days. The BJP delegation led by Parrikar had met Governor on Sunday evening staking claim to form the government. BJP, which won 13 seats, now claims it has letters of support from MGP, GFP and Independents to take its tally up to 21 in a 40-member house. World Kidney Day is observed on March 9 The World Kidney Day was observed on 9 March to raise awareness of the importance of kidneys for good health. The theme for year 2017 was Kidney Disease and Obesity: Healthy Lifestyle for Healthy Kidneys. It aimed to promote education about the harmful consequences of obesity and its association with kidney diseases. The World Kidney Day is a joint initiative of the International Federation of Kidney Foundations (IFKF) and International Society of Nephrology (ISN). The day was launched as a global health awareness campaign to reduce the frequency and impact of kidney disease and its associated health problems worldwide. 5
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