Sunday, 31 March 2024

BANKING AND FINANCE MARCH 2024:

LAUNCHED

* Union Finance Minister Nirmala Sitharaman Has Launched Electronics Data Interchange (EDI) At Remote Land Custom Station In Northern States.

* Union Home Minister Amit Shah Launched National Urban Cooperative Finance And Development Corporation (NUCFDC) The Umbrella Organisation For The Urban Cooperative Banks.

* Union Home Minister Amit Shah Inaugurated The National Cooperative Database & Unveiled Report in Delhi.

* NPCI India And Fonepay Payment Service Limited, Nepal Largest Payment Bank Announced UPI Service For Cross Border Transaction Between Two Nations.

* Indusland Bank Has Launched India's First Contactless Payment Wearable INDUS PAYWEAR.

* The FINANCE Ministry Notified The Issuance Of A Special Commemorative Coin Of Rupee 90 Denomination To The Mark Completion Of 90 Years Of RBI.


* India's GDP GROWTH In 8.4% In 3rd Quarter In 2023/24.

* 1,68,337 Crores GST Collected In Month Of February By India Government.

* The Financial Intelligence Unit India (FIU-IND) Has Fined Rs 5.49 Crores Penalty On Paytm Payment Bank.

* Gross GST Collection Rises 12.5% To Rs 1.68 Lakh Crores in February 2024.

* REC Limited Has Successfully Listed Two Bonds On National Stock Exchange (NSE) And BOMBAY Stock Exchange (BSE) 2500 Crores Each For 10 Years.

* Reserve Bank Of India (RBI) Allows Nepal Account Holder's To Can Send Upto 2 Lakh Per Transaction Per Day Limit in UPI.

* Nvidia Surpassed Saudi Aramco To Become Third Largest Company In The World Market Cap.

* Maharashtra Shares 15.4% Income Tax Prayers In Financial Year 2023.

* Flipkart Launched Its Own UPI Handle in Association With Axis Bank.

* CCI Approved The Merger Of a Financial Technology Company GARAGEPRENEURS Internet Private Limited With The North East Small Finance Bank.

* Government Of India And Asian Development Bank (ADB) Has Signed USD 23 Million Loan Agreement To Strengthen The Fintech Ecosystem in India.

* Paytm Gets The NPCI Approval To Become Third Party UPI App.

* Shipping Corporation of India Land And Asset Limited ( SCILAL) Get Listed On Bombay Stock Exchange (BSE).

* India Registered Growth Of 18.74% In Gross Direct Tax collection For Financial Year 2023/24.

* UPI Transaction Worth Rs 18.2 Lakh Crores Made In February 2024

Mumbai Overtakes Beijing To Becomes Asia's Billionaire Capital. And 3rd in World 


( 119 Billionaire - NEW York)
( 97 Billionaire - London)
( Mumbai _ 3rd) 


* 19.88% in Net Direct Tax Collection

India's Current Account Balance Records A Deficit Of USD 10.5 Billion ( 1.2% GDP) In Quarters 3 2023/24.

Life Insurance Corporation Of India (LIC) Has World's Strongest Insurance Brand In 2024 By Brand Finance 2024 Report.

Government e Marketplace (GeM) Has Crossed 4 Lakh Crores In Gross Merchandise Value (GMV) In The Fiscal year.

APPOINTMENT

* Vipul Chandra Appointed as CFO Of LTI Mind tree.

* Dhanraj T Has Been Appointed As The Executive Director Of INDIAN Overseas Bank.

* Brijesh Kumar Singh Has Been Appointed As The Executive Director Of INDIAN Bank.

* Sugata Ghosh Dastidar, Controller General Of Defense Account Appointed As The Financial Adviser ( Defense Services) In The Ministry Of Defense.

* Poonawalla Fincorp Appointed Arvind Kapil As Its New Managing Director And CEO.

* Jaideep Hansraj Has Been Appointed As The President Of One Kotak.

Girija Subramaniam Has Been Appointed As CMD Of The New India Assurance Company. 

M V Rao Has Been Elected As The Chairman Of Indian Bank Association (IBA).

Bhupesh Sushil Rahul Has Been Appointed As The Chairman And MD Of United India Insurance Company (UIIC).

Bikram Ghosh Has Been Appointed As The New Director Of ( Finance) Western Coalfields Limited ( WCL). 

* Vikash Kumar Has Been Appointed As The Deputy Secretary , Ministry Of Finance. 

 Nidhu Saxena Has Been Appointed As The NEW MD & CEO Of Bank Of Maharashtra.


MoU SIGNED- 

* Reserve Bank Of (RBI) And Bank Of Indonesia Have Signed MoU To Promote Use Of Local Currencies For Bilateral Transactions.

* The Department Of Industries, And Commerce Government Of Nagaland Has Signed MoU With YES Bank And Sellmetric Private Limited At Kohima.


( Aim To Digitize Sales, Entrepreneur, Small Farmer, Open Network Digital Platform) 


HOST

* Union Finance Minister Nirmala Sitharaman Has Inaugurated India's FIRST Ever National Conference Of Enforcement Chiefs Of The States And The Central GST Formation In New Delhi.

* Competition Commission Of India (CCI) Host The 9th National Conference On Economics Of Competition Law.


Topic For 2024 - Artificial Intelligence : Challenges And Opportunities 

* Union Finance Minister Nirmala Sitharaman Has Inaugurated a Credit Outreach Programme At the Jai Prakash University Campus, Chapra

MOU SIGNED - 

* MOU Signed Between Greek Bank With Indian UPI Owned NPCI To Avail UPI Facility In Greece.


AWARDS

* Sachin Salunkhe, Has Received The Promising Investor For The Year 2024 Award.

* Reserves Bank Of India (RBI) Has Been Selected For The Risk Manager Award By Central Banking Award, London.

* State Bank Of India (SBI) Has Conferred With Company Of The Year Award At ET Award For Corporate Excellence 2023.

RAZORPAY Awarded Best Fintech Company At Business Today And KPMG's Award 2024. 


NEWLY - 

* GRID CONTROLLER OF INDIA, Limited (GRID-INDIA) Has Conferred With The Status Of Miniratna Category-1 Central Public Sector Enterprise (CPSE).

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LIST OF INDIAN STATES AND CAPITALS FOR ODISHA POLICE EXAM 2024

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