Here is the 29th September 2015 Latest Current Affairs of Bank Jobs

International affairs

September 29th is the World heart Day.

  • The World Day of the heart is an international campaign held September 29 by the World Foundation of heart to inform people on cardiovascular diseases, which are the greatest cause of death.
  • This day promotes preventive measures to reduce the risk of cardiovascular disease.

Themes of the World Day of heart

  • The theme of World heart Day 2015: Creating Healthy Environments for the heart
  • The theme of World heart Day 2014: choice of the heart not difficult Choices
  • The theme of World heart Day 2013: Take the road for a healthy heart
  • The theme of World heart Day 2012: One World, One Heart, One Home
  • The theme of World heart Day 2011: One World, One Heart, One Home Anchor

Prime Minister Narendra Modi meets US President Barack Obama in New York.

US and India agreed to further deepen cooperation in the fight against terrorism and radicalization.

  • India also announced it will increase its contribution to the peacekeeping operations of the UN peace.
  • Note: Modi also had bilateral talks with President Mahmoud Abbas of Palestine, Enrique Pena Mexican President Nieto and the President of France Francois Hollande.

National Affairs

Government unveils green highways (Planting, transplanting, beautification and maintenance) Policy 2015 to create clean, green and pollution free India.

  • The purpose of the policy is to promote the greening of road corridors with the participation of EU institutions, farmers, private sector, NGOs, and government.
  • Under this policy, the government has made it mandatory to set aside 1 percent of the total project cost of any contract to a corpus of motorways “Green Fund” for planting.
  • Union Minister of Road Transport and Highways and Shipping: Nitin Gadkari

Business & Economy

The Reserve Bank of India (RBI) announced its fourth bi-monthly monetary policy for the current year.

  • The Reserve Bank reduced the interest rate from 0.5% to 4 year low of 6.75%.
  • With this move, home and car loans to be cheaper.


Interest rate cut of 0.5 percent to stimulate the economy

  • Repo rate adjusted to 6.75 pc, the lowest in 4 years
  • Expects banks to pass on the entire benefit for borrowers
  • CRR unchanged at 4 pc
  • GDP forecasts for 2015-16 down to 7.4 pc
  • Shy ongoing economic recovery, far from robust
  • The weak global environment research; not good for India
  • Growth is expected to rebound in later part of this financial
  • CPI is expected to reach 5.8 pc in January 2016
  • Inflation is likely to go up in September
  • REIT investment limit in debt instruments to be fixed in terms of rupee
  • REIT investment limit in govt bonds to be traversed to 5 pc in 2018
  • RBI to issue final guidelines on the base rate for calculating the end of November.
  • Fifth Bi-monthly monetary policy on December 1st.
  • RBI said inflation should reach 5.8% in January 2016

RBI current rates

  • Discount rate – 7.75%
  • Repo rate – 6.75%
  • Reverse repo rate – 5.75%
  • Ratio of cash reserves (CRR) – 4.00%
  • Statutory Liquidity Ratio (SLR) – 21.50%
  • Marginal Standing Facility (MSF) – 7.75%

The Government of India has signed a loan agreement with the Asian Development Bank (ADB) for US $ 123,510,000 for Tranche 3 of infrastructure development investment program for tourism to continue the modernization of infrastructure and Tourist Services in Punjab, Uttara hand and Himachal Pradesh.

  • The loan will be used for the development and conservation of places of tourist attractions.

Technology Science

The US space agency NASA announced that liquid water was observed on Mars.

  • Scientists have long speculated that there may once have been life on the Red Planet.
  • The presence of liquid water allows that life could exist there now.


Asian Championship 2015 airguns

Gurpreet Singh bags of money from India and Jitu Rai grabbed bronze in the 10m Air Pistol event.

For latest current affairs and, current affairs for bank jobs visit our site regularly.