1.Pakistan has agreed to allow former Army chief Gen.Raheel Shareef to Saudi Arabia led 39 national Islamic country coalition formed to combat terrorism.
2.State bank of India has decided to dilute 10% of its stake in its Life insurance venture SBI life through Initial public offer.SBI life is a joint venture between State Bank of India and BNP Paribas cardiff of France.In this Venture,SBI's share is 74% and BNP Paribas share is 26%.In the last year SBI has diluted its 3.9% stake to KKR holdings and Singapore based Temasek Holdings.
3.Policy making body for Indirect taxes, Central Board of Exchange and Customs(CBEC) will be rechristened as Central Board of Indirect Taxes and Customs(CBIC) in the run up of the GST regime to be rolled out from July 1st.
4.Mangaluru based Karnataka bank has introduced a card product Moneyplant Tm Rupay International platinum debit card as part of its efforts to provide more privileges to its premium customers.The card could be used for both domestic as well as International cash withdrawls.
5.Wells Fargo & Co.depositors can withdraw money using a smartphone ar any branded ATM,the latest sign of US lenders moving away from traditional Brick and mortar banking.The San Francisco based bank is the first US bank to roll out cardless machined across its entire network.
6.The government is now trying to link the Permanent Account Number(PAN) with Aadhar.From July 1st Aadhar numebr has been made mandatory for fillint tax returns and for applying PAN.
