Wednesday, 10 April 2024

LAST 3 MONTHS BANKING AND FINANCIAL CA 2024 ( INCLUDING PDF)

JANUARY - 

* 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.


FEBRUARY - 

APPOINTMENTS - 

* Former Expenditure Secretary Ajay Narayan Jha & SBI Group Chief Economic Advisor Soumya Kanti Ghosh Have Been Appointed As Full Time Members Of 16th Finance Commission.

* Former Special Secretary, Expenditure Dr. Annie George Mathew & Executive Director, Artha Global Dr. Niranjan Rajadhyaksha Have Been Appointed As Full Time Member. 

* Shri Pawan Kumar Assume As Charge Of Chief Advisor (Cost) In Department Of Expenditure Under Ministry Of Finance.

* Suresh Venkatachari Has Been Appointed As The CEO Of Secure KLOUD.

* Mio Oka Has Been Appointed As The New Country Director For India By Asian Development Bank ( ADB). 

* Ravi Kumar Jha Has Been Appointed As The MD & CEO Of LIC Mutual Fund Asset Management Limited. 

* H Venkatachalam Iyer Has Been Appointed As The MD & CEO Of TATA AIA Life. 

* Naveen Tahilyani Has Been Appointed As The MD & CEO Of Tata Digital. 

* Mukesh Kumar Agarwal Has Taken Charge Of Director( Finance) COAL INDIA LIMITED ( COL). 

*  Ajay Kumar Chaudhary Has Been Appointed As Non Executive Chairman Of NPCI.

*  2002 Batch IAS Officer Krishan Kumar Has Been Appointed As Managing Director Of National Highways & Infrastructure Development Corporation Limited ( NHIDCL). 

*  Ranjeet Kumar Agarwal Has Been Appointed As The President Of Institute Of Charted Accountant Of India (ICAI).

*  1988 Batch IRS SANJAY Kumar Has Been Appointed As The Member Of Central Board Of Taxes (Audit & Judicial).

* Carepal Money Appoints Sahil Lakshmanan As Chief Business Officer.

* IES Bhumika Verma Has Been Appointed As The Director In The Department Of Expenditure Under The Ministry Of Finance.

* Wencai Zhang Has Been Appointed As The MD & Chief Adminstrative Officer Of World Bank Group.



AWARDS - 

* REC Wins Best Green Bond- Corporate Award At The Asset Triple A Awards For Sustainable Finance 2024.

* Defense Minister Rajnath Singh Honoured Dr. Bina Modi With Outstanding Business Woman Of The Year 2023 Award.

* Best Agrolife Clinched Most Innovation Campaign And Product Development Award At PMFAI SML Agchem Awards 2024.

* South Indian Bank Has Won The Best Technology Bank Of The Year Award At 19th IBA Annual banking Technology Conference.

* REC Limited, a Maharatna Company Has Been Honoured With The Innovative Technology Development Award At The Building India 2047: Technology For Better Tomorrow.



*  Government Of India Collected 1,72,129 Lakh Crores GST Collected In JANUARY 2024.

* Reserve Bank Of India ( RBI) Declared Paytm Payment Bank Debarred From The Financial Services. 

* 10.4% Growth On GST Collection According 2023 As Of 2024 January.

* International Monetary Fund (IMF) Forecast India's GDP Will Be 6.5% in 2024.

* UPI Transaction Records 12.20 Billion In January 2024.

* In Union Budget 2024/25 Finance Minister Nirmala Sitharaman Announced Free Cervical Cancer Treatment For Age Between 9-15 Girls.

* RBI Approved HDFC Bank's Proposal To Acquire 9.5% In Indusland Bank And Other 5 Banks. 

* Reserve Bank Of India Canceled The Licence Of Jai Prakash Narayan Nagari Sahakari Bank In Maharashtra. 

*  Tata Group Becomes The First Indian Conglomerate To Cross Rs. 30 Lakhs Crores Market Cap. 

* Reserve Bank Of India ( RBI) Keep Rep Rate Unchanged For The Sixth Straight Quarter for 6.5%. 

* MSF And Bank Rate Are 6.75%. 

* Indian Renewable Energy Development Agency ( IREDA) Has Received Approval From RBI To Set Up In GIFT City, Gujarat. 

* Gujarat State Government Presented 3,32,465 Crores Budget For Financial Year 2024/25/. 

*  Telengana State Government Has Presented Its Budgets Worth RS 2,75,891 Crores.

* EPFO Has Increases The Interest Rate On Deposit From 8.15% To 8.25%.

* India's Index Of Industrial Production Grows By 3.8% In December 2023.

*  India's Retail Inflation Declined From 5.7% To 5.1% In January 2024.

* Reliance Industries Became The First Indian Company To Hit The Market Cap Of 20 Lakh Crores.

* Paytm E-commerce Has Rebranded Itself As PAI Platform. 

* Germany Overtaken Japan As World's Third Largest Economy.

* The Ministry Of Defense Has Achieved a Milestone Becoming The Only Ministry To Cross The 1 Lakh Crores Gross Merchandise Value Of Procurement Through The Government E Market place Since 2016.

* Supreme Court Has Declared Electoral Bonds Are Unconstitutional. 

*  UAE Has Linked Their AANI Platform With India's UPI Platform 

* Reliance Topped As Most Valued Indian Company At The 2023 Burgundy Private Hurun India 500 List. 

* RBI Imposes Penalties On SBI, Canada Bank And Ocean Capital Market Limited For Non-compliance

LAUNCHED - 

*  Japanese Third Largest Bank Mizuhu Financial Service Has Established A Global Capability Centre In Chennai.

* India Launched The Unified Payment  Interface (UPI) At The Eiffel Tower, Paris.

* Prime Minister Narendra Modi, President Of Srilanka Ranil Wickremesinghe AND Prime Minister Of Mauritius Pravindh Jugnauth Witnessed The Launch Of UPI Service In Srilanka And Mauritius.

* Union Health Minister Mansukh Mandaviya Launched AIIMS-SBI Smart Payment Card In AIIMS New Delhi.

*  Prime Minister Narendra Modi and UAE Signed Agreement On Interlinking Domestic Debit, Credit Card, Rupay Card With JAYWAN (UAE).

* Phone Pe Launched Indus App store, an Indigenous App Store.


MOU SIGNED - 

*  Government Of India And Asian Development Bank( ADB) Signed $ 200 million Loan To Tackle Flood And Erosion Risk Along Brahmaputra River. 

* Terms Of Reference Signed Between Reserves Bank Of India (RBI) And Nepal Rasthra Bank On Integration Of Unified Payment Interface (UPI) Of India-With National Payment interface (NPI) Of Nepal For Cross Border Remittance.

* IREDA And Punjab national Bank Have Signed MoU To Establish Finance Projects On Green Energy.

*  Department Of Fisheries Have Signed MoU With Open Network For Digital Commerce ( For Digital Marketing) 

*  IEPFA And DBS Bank Has Signed MoU To Spread Awareness On Investment And Fraudulent Schemes.

* Uber Signed MoU With Open Network For Digital Commerce (ONDC) For Multiple Ranges Of Mobility Offers.

RANKING - 

* Mukesh Ambani, Chairman And Managing Director Of Reliance Industries Limited Has Been Ranked FIRST Among Indians And Second Globally In The Brand Guardianship Index 2024.


UNION BUDGET - 

*  India's Defense Budget For 2024-25 Grows By 26000 Crores To 6.2 Lakh Crores In 2024 Union Budget Given By Finance Ministry.

*  Introduction Of Updated Income Tax Returns, a New Form 26AS And Prefilling Of Tax Returns. 

* Uttar Pradesh State Announced Budget For 2024/25 Rs 736,438 Crores.

* Uttar Pradesh State Government Delivered The Budget  For 2024/25 

* 22000 Crores For Jal Jeevan Mission 

* 2881 Crores For State Highways 

* 2057 Crores For Ganga Expressway 

* 3000 Crores For Noida Airport 

* 914 Crores For Delhi Meerut RRTS 

* 395 Crores For Kanpur Metro 

* 150 Crores For Ayodhya Airport Phase 2 

* 346 Crores For Agra Metro 

* 1750 Crores For Religious Corridor 

* 2500 Crores For Mahakumbh 

* 100 Crores For NLU, Prayagraj 

* 575 Crores For Purvanchal Vikas Nidhi 

* 425 Crores For Bundelkhand Vikas Nidhi 

* 1000 Crores For Airstrips 

* 800 Crores For Green Road 

* 100 Crores For Agri University 

* 400 Crores For New Medical Colleges 

* 500 Crores For New Link Expressway 

* West Bengal Has Presented The Budget Of Rs. 3,66 Lakh Crores For Financial Year 2024/25. 

* Karnataka Chief Minister Siddharamaih Presented The State Budget Of Rs 3,71,383 Crores.

* Himachal Pradesh CM Sukhwinder Singh Sukhu Has Presented The State Budget Worth Rs 58,444 Crores For 2024/25.

* Haryana Chief Minister Manohar Lal Khattar Presented The Budget Of 1,89,876 Crores For FY 2024/25.

* Uttarakhand Finance Minister Presented The State Budget Worth Rs 89,230 Crores.

* The Jharkhand State Government Has Presented Rs 1,28 Lakh Crores Budget For FY 2024/25.

* Maharastra Finance Minister Ajit Pawar Presented Rs 6,00,522 Crores For FY 2024/25.

MARCH - 

*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). 

DWNLOAD THE PDF LINK GIVEN BELOW 

https://drive.google.com/file/d/19Mn2Ya-OqkN5MN60-5rNVDc2Cg-BVS0q/view?usp=drive_link


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