BANKING & FINANCE IN JANUARY 2024

* India's Forex Reserves Rose By USD 58 Billion in 2023.

*  NTPC Limited Gets Certified As The TOP Employer In 2024. 

*  India Post payment Bank Payment Has Completed 8 Crores Customers.

* The Wholesale Price Index (WPI) For The December Was 0.73%.

* India Overtakes Hong Kong As World's 4th Largest Stock Market By Market Capitalisation. ( US, CHINA, JAPAN, INDIA) 

* Life Insurance Corporation Of India (LIC) Has Overtaken SBI, Became The Most Valuable PSU Of 5.8 Lakh Crores.

* China Has Issued 1.8 Lakhs Visas For Indian In 2023.

*  State Bank Of India ( SBI) Has Featured Among The Top 25 Strongest Brands Globally For 2024. 

* The Director General Of Civil Aviation (DGCA) Imposed A Penalty Of 1.1 Crores On Air India For Violation.

*  National Statistical Office (NSO) Published The Employment Outlook Of The Country From 2017 To 2023.

* HDFC Bank Became The India's First Bank To Issue 20 Million Active Credit Cards. 

* Fincare Small Finance Bank Has Received The CCI's Approval For Its Merging With AU Small Finance Bank. 

* The Reserve Bank Of India ( RBI) Has Approved a Proposal Of LIC To Acquire Up To 9.99% Stake In HDFC Bank. 

* United States Embassy In India Processed 1.4 Millions Visas In 2023.

* 1,64,862 Lakhs Crores GST Collected By Government in December 2023.

* According To NSO (National Statistical Organisation) has Estimated India's GDP For 2023-24 is 7.3%.

* WORLD Bank Has Approved Financial Assistance Of 2328 Crores To Develop Infrastructure To Divert Flood Water From Western Maharashtra To Marathwada.

* According To NSO Statistics India's Retail Inflation 5.69% In December 2023.

* KRUTRIM AI - Is The India's First Artificial Intelligence (AI) Unicorn. TO CROSS 1 Billion. 

HOST - 

* Guwahati,Assam Host The Regional Conference On e-Governance.

NEW LAUNCHED - 

* Flipkart Co-founder Binny Bansal Has Launched A New Startup Opp Door.

* Indusland Bank Has Launched The SAMMAN RUPAY Credit Card. 

* India's First Growth Liquid Exchange Traded Fund Has Launched By Zerodha Fund House. 

* State Bank Of India Has Launched The Green Rupee Term Deposit Scheme.

* Union Minister Rao Inderjit Singh Launched The MPLADS E-SAKSHI Mobile Application For The Revised Fund Flow Procedure.

APPOINTMENTS - 

* Former Vice Chairman Of NITI Ayog Dr. Arvind Pangariya Has Been Appointed As The Chairman Of 16th Finance Commission.

* Nadia Calvino Became The First Woman President Of European Investment Bank.

* G Ram mohan Rao Has Been Appointed As The Executive Director Of SEBI.

* Vikas Sheel Has Been Appointed As The Executive Director Of Asia Development Bank. 

* Sanjiv Agarwal Has Been Appointed As The MD & CEO of Investment And Infrastructure Fund Limited (IIFL).

* Rajiv Shah Has Been Selected Board Of Directors Of The Federal Reserves Bank Of New York.

* Phone Pe Has Appointed Ritesh Pai As Its CEO. 

* Dr Michael Debabrata Patra Has Been Reappointed As The Deputy Governor Of RBI.

* Manish Jain Has Been Appointed As MD Of Experian In India. 

* Dr Prasanna Kumar Acharya Has Been Appointed As The New Finance Director Of NLC India.

* Praveen Achuthan Kutty Has Been Appointed As MD & CEO Of DCB Bank. 

AWARDS- 

* State Bank Of India Chairman Dinesh Kumar Khara Has Awarded With Indian Of The Year Award By CNN 18.

* REC Wins ICAI Award For Excellence In Financial Reporting For Financial Year 2022/23. 

* Vice President Jagdeep Dhankar Has Presented The SCOPE Award To Public Sector Enterprises At Delhi.

* NHPC Limited A Hydropower Company Has Been Awarded SCOPE's Commendation Certificate In The Category Of Effective Implementation Of RTI Act.

* REC Limited Has Been Honoured With Prestigious SCOPE EXCELLENCE Award In The Category Of Special Institutional Category ( Digitization) 

MOU SIGNED - 

* Indian POST Payment Bank (IPBP) Have Signed MoU With Hindustan Zinc To Offer Financial Inclusion Services To CSR Beneficiaries.

* Google Signed MoU With NPCI ( National Payment Corporation Of India) Expand UPI Service Beyond INDIA.