Monday 1 January 2018

ONE LINER OF THE DAY 1st JAN 2018

January 01, 2018 Posted by Ravi Kumar Singh 3 Comments

1.Florence Nightingale,(12 May 1820 – 13 August 1910) was an English social reformer and statistician, and the founder of modern nursing. She was popularly known as "The Lady with the Lamp".

2.The Vice President of India, Shri M. Venkaiah Naidu has recently inaugurated centenary celebrations of Yoga Institute, in Mumbai.The Vice President said that Yoga embodies a holistic approach to well-being and has physical, emotional and spiritual dimensions.

3.Eminent Hindi poet and Jnanpith awardee Kunwar Narayan was passed away Recently.

4.Sergio Ramírez Mercado is a Nicaraguan writer and intellectual who served in the leftist Government Junta of National Reconstruction . He has won the 2017 Cervantes Prize.

5.Insolvency and Bankruptcy Board of India was set up on 1st October 2016 under the Insolvency and Bankruptcy Code, 2016 (Code). It is a unique regulator: regulates a profession as well as transactions. It has regulatory oversight over the Insolvency Professionals, Insolvency Professional Agencies and Information Utilities. It writes and enforces rules for transactions, namely, corporate insolvency resolution, corporate liquidation, individual insolvency resolution and individual bankruptcy under the Code. It is a key pillar of the ecosystem responsible for implementation of the Code that consolidates and amends the laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of the value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders.

6.State Bank of India (SBI), the country’s largest lender, has decided to cut its base rate by 30 basis points (bps) to 8.65%. This will benefit 80 lakh existing customers.BPLR was the benchmark loan rate till June 30, 2010, when it was replaced by the base rate.

7.A red herring prospectus, as a first or preliminary prospectus, is a document submitted by a company (issuer) as part of a public offering of securities (either stocks or bonds). Most frequently associated with an initial public offering (IPO).

8.The private sector Bandhan Bank Limited has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its proposed initial public offering of up to 11.9 cr. equity shares of face value of Rs. 10 each.

9.Bandhan Bank Ltd. is an Indian banking and financial services company headquartered in Kolkata, West Bengal. Bandhan, which started as a micro-finance company in 2001, received banking licence by Reserve Bank of India in 2014. Founder : Chandra Shekhar Ghosh.

10.IDFC Bank Ltd. (Infrastructure Development Finance Company) is an Indian banking company with headquarters in Mumbai that forms part of IDFC, an integrated infrastructure finance company. The bank started operations on 1 October 2015. IDFC received a universal banking licence from the Reserve Bank of India (RBI) in July 2015. Founder : Rajiv. B. Lall.