Dena
Bank inked MoU with Life Insurance Corporation
Dena Bank signed a Memorandum of
Understanding (MoU) with Life Insurance Corporation (LIC) of India to provide
insurance cover to all Aadhaar-linked savings account holders of the bank in
the age group of 18 to 50 years. The insurance cover will be provided under the
Prime Minister’s Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJBY) scheme. The
scheme will come into effect from 1 June 2015. The bank said that people who
join the scheme before completing 50 years can continue to have the risk of
life cover up to the age of 55 years.
World
Health Day 2015 observed on 7th April
World Health Day (WHD) 2015 was observed
globally on 7 April 2015. The theme for the year is "From farm to plate,
make food safe." The theme was selected by the World Health Organisation
(WHO) to bring focus on growing global burden of food borne diseases and
underscore the need for coordinated cross-border action across the entire food
supply chain i.e. from farm to plate. The day is celebrated every year since it
was first celebrated in 1950 to mark the anniversary of the WHO formation in
1948.
National
Green Tribunal bans diesel vehicles older than 10 years in Delhi
The National Green Tribunal (NGT) held
that all diesel vehicles heavy or light which are more than 10 years old will
not be permitted to ply in Delhi and NCR. The judgment was given by bench
headed by NGT Chairman Justice Swatanter Kumar on a petition filed by Vardhaman
Kaushik who had contended that the level of particulates in Delhi is raising
manifold.
RBI
keeps Key Rates unchanged
The Reserve Bank of India (RBI) kept the
repo rate unchanged at 7.5% in its monetary policy review. Along market
expectations, Raghuram Rajan also kept the Cash Reserve Ratio (CRR) at 4%. Rajan
kept policy rate unchanged awaiting clarity on impact of unseasonal rains on
food inflation even as he wanted banks to pass on benefits of previous two rate
cuts. The RBI will await the transmission by banks of its front-loaded rate reductions
in January and February into their lending rates. Transmission of policy rates
to lending rates has not taken place so far despite weak credit off take and
the front loading of two rate cuts, said RBI.
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