BANKING & FINANCIAL CA IN OCTOBER 2024

PRODUCTION - 

* Mahanadi Coal Limited (MCL) Has Surpassed 100 MT Coal Production.

* Logistics Data Bank (LDB) Under NICDC Logistics Data Service Limited ( NLDSL) Has Tracking Over 75 Million EXIM Containers.

* In Last 10 Year 13,822 Jan Asudhi Kendra Have Been Established Across India.

* India Became The 3rd Largest Supplier Of Health And Ration Support To UNICEF. 

( Nearly 6 Billions Dollar) 

*  HDFC Bank Has Opens Its First Branch In Singapore.

*  Hyundai Motor India Limited Gets The Listed On The National Stock Exchange (NSE).

*  Roshni Nadar Malhotra, HCl Tech Chairperson To Be Included In The Fortunate Magazine List Of 100 MOST Powerful WOMEN Globally.

* Mormugao Port Authority Recognize As The Incentive Provider On The Environmental Ship Index ( ESI) Platform Globally.

* Nvidia Overtakes Apple As World's Most Valuable Company.

* India Became The World's Largest Importer Of Russian Oil, Surpassed China.

MAJOR PORT STATUS - 

*  Great Nicobar Island Has Gains India's 13th Major Port Status.

STEPS DOWN - 

* Zomato Co Founder And CPO Akriti Chopra Steps Down. 

* Zarin Daruwala Set To Retire As Standard Charted India And South Asia CEO WEF 1st April 2025.

NEW MAHARATNA COMPANY - 

*  Ministry Of Finance Has Approved The Hindustan Aeronautics Limited (HAL) Has Upgrade To 14th Maharatna CPSE.

APPROVED - 

* SEBI Approves The IPO Of Hyundai INDIA.* 

* Competition Commission Of India (CCI) Has Approved The Acquisition Of Bharat Serum And Vaccines Limited By Mankind Pharma Limited.

* The ASIAN Development Bank (ADB) Has Approved USD 162 Million To Support Tourism Development In Himachal Pradesh.

* Union Railway Minister Ashwini Vaishnav Has Granted Rs 35 Crores For Modernize Zonal Training Centres Of Railway Protection Force 

* Securities And Exchange Board Of India (SEBI) Has Approved The IPO of National Securities Deposits (NSD,)

*  NABARD Has Sanctioned Rs 770 Crores For Two Irrigation Projects In Jharkhand.

*  Loan Limit In Pradhan Mantri Mudra Yojana Has Been Increases To 20 Lakh From 10 Lakh.

FINANCE - 

* 1.73 Lakh Crores GST Collected In September 2024.

* Maharashtra Topped With Highest GST Collected Rs 26,369 Crores In September 2024.

*  The Open Network For Digital Commerce (ONDC) Has Officially Made Entry Into Mutual Fund.

* India's Forex Reserves Crossed $ 700 billion Mark For The First Time. 

( China. Japan And Switzerland Are Top 3) 

* Union Government Has Released The Tax Devolution Of Rs 1,78, 173 Crores To State Government.

* India Became The 2nd Largest Tech Supplier To Russia After China.

* India Exported $ 95 Million Till July 2024.

* Konkon Railways Has Posted Net Profit Of RS 301.75 Crores In 2023/24. 

* India Extend The First Rupee Line Of Credit Under Indian Development And Economic Assistance Scheme (IDEAS) 

* 487.60 Crores LoC Support To Mauritius By SBI Finance.

* JIYO Payment Bank Has Secured The Mutual Fund Distribution License Form.

*  The European Investment Bank Has Announced a Loan Of $ 300 million For The Bengaluru Suburban Railway.

* BEL Has Achieved a Turn Over Of Rs 8,530 Crores During The FIRST Half Of FY 2024/25.

 

APPOINTMENTS - 

* A K Saxena Has Assumed As The CMD At RINL.

* Shreyams Kumar Has Been Appointed As The President Of INS.

* Ravi Ahuja Has Appointed As CEO Of Sony India.

* P K Gupta Has Been Reappointed As The Chairman Of Utkarsh Small Finance Bank.

*  Muthoot Finance Shareholders Approved The Reappointment Of George Alexander Muthoot As Managing Director For 5 Years From 1st April 2025 

* Reserve Bank Of India (RBI) Appoints Aviral Jain As New Executive Director. 

* The Government Has Extended The Term Of RBI Deputy Governor M Rajeshwar Rao For Another One Year.

* Manish Tiwary Has Been Appointed As The Managing Director Of Nestle India.

* Bandhan Bank Appoints Parth Pratim Sengupta As MD & CEO.

* Former Indian Cricketer Sachin Tendulkar Has Appointed As Global Brand Ambassador Of Bank Of Baroda.

* Noel Tata Has Been Appointed As The New Chairman Of Tata Trusts.

* Manoj Kumar Dubey Has Been Appointed As The CMD Of IRFC Limited.

* World Steel Association Has Announced Tata Steel CEO T V Narendran As Its Chairperson.

 * Amit Kumar To Appoint As The CMD Of AI Assets Holding Limited 

* Akash Tripathi Has Given Additional Charge Of MD And CEO of Digital India Corporation (DIC).

* Abhyuday Jindal Assumes Charge As The Indian Chamber Of Commerce President. 

* ACKO Appoints Sandip Goenka As It's CEO Of Acko Life.

*  Indian Born Pam Kaur Has Been Appointed As The First Female CFO Of HSBC Bank.

* PFRDA Has Appointed The Chitra Jayasimha As The Chairperson Of The Board Of National Payment System (NPS).

* Hindustan Aeronautics Limited (HAL) Has Appoints Barenya Senapati As It's Director Finance.

* RBI RE- Appoints Amitabh Chaudhary As The MD CEO Of Axis Bank.

* Ramesh Krishna Murthy Has Been Appointed As The New Central Provident Fund Commissioner ( CPFC) Of The Employee Provident Fund Organisation 

* 1996 batch IAS OFFICER Vipin Kumar Takes As The Chairman Of The Airport Authority Of India (AAI) 

* Suzlon's Vice Chairman Mr Girish Tanti Has Been Appointed As The Chairman Of The Indian Wind Turbine Manufacturer Association ( IWTMA).

* Shashwat Sharma Has Been Appointed As The New CEO Of Bharti Airtel Restructure Leadership.

* Deepak Agarwal Has Been Appointed As The Managing Director Of NAFED.

 * Prasun Sikdar  Has Been Appointed As The First Managing Director Of BIMA SUGAM.

FSIB Recommend Ashok Chandra As Next MD & CEO Of Punjab National Bank 

FLOOD RELIEF - 

* The Center Has Released Over 5,850 Crores To 14 Flood Affected States.

( 1492 Crores For Maharastra, 1000 Crores For Andhra Pradesh, 600 Crores For Gujarat, 417 Crores For Telengana).

BANKING - 

* Government Names Ram Singh, Saugata Bhattacharya, Nagesh Kumar As New Monetary Policy Committee Members.

* SBI Card Launched Co- Branded Credit Card With Singapore Airlines.

* Axis AMC Launched India's First NBFC Sector Based Target Maturity Mutual Fund Scheme.

* SBI CARD and Singapore Airlines (SIA) Launched KrisFlyer SBI Card.

* Punjab National Bank (PNB) Introduced Multi Currency World Travel Card For International Travellers.

* Federal Bank Has Joined Hand With BHASINI To Boost Chatbot Feddy With Vernacular Language Support.

* Reserve Bank Of India (RBI) Has Announced Scholarship Scheme For Faculty Members From Academic Institution.

* RBI Governor Shaktikanta Das Kept Repo Rate Remains Same 6.50% For 10th Consecutive Times.

* Reserve Bank Of India (RBI) Has Raised The UPI Lite Per Transaction Limit To 1000 From 500.

*  Reserve Bank Of India ( RBI) Has Issued White Labelled ATM Licence To Mumbai Electronic Payment And Services. 

* Kotak Mahindra Bank Has Joined Hand With The Standard Charted Bank For Acquisition For It's Personal Loan Book.

* Finance Minister Nirmala Sitharaman Has Approved The Creation Of Chief General Manager (CGM) in Nationalised Bank. 

* Jio Payment Solution Has Received The RBI Approval For Online Payment.

HOST - 

*  Union Finance Minister Nirmala Sitharaman Hosted The 3rd Edition Of Kautilya Economic Conclave.

* Union Minister Nirmala Sitharaman Has Participate In The India - Mexico Trade And Investment Summit in Mexico.

LAUNCHED - 

* Federation Of European Business In India (FEBI) Officially Launched In INDIA. 

AWARDS - 

*  Bharat Electronics Limited (BEL) Has Bestowed With SIDM Champion Award 2024 ( 

* NTPC Limited Has Recognized As The World Best Employer's 2024 By Forbes.

* NTPC Has Bagged Four Prestigious Awards At The Society For Human Resource Management (SHRM)  HR Excellence Awards 2024 At New Delhi.

* Hindustan Petroleum Corporation Limited (HPCL) Has Received Two Prestigious Award At The Fortune Leadership Award 2024.

* SJVN Wins 2 Awards For HR Excellence At SHRM India 2024. 

* POWERGRID Has Been Adjudged As The SHRM HR Excellence Award 2024 For Excellence In Learning And Development Category.

*  L & T Wins Gold Medal In The SHRM HR Excellence Award 2024 For Excellence In Developing Emerging Leaders.

* RBI Governor Shaktikanta Das Received The Award For A+ Grade In Central Bank Report Card 2024 For The Second Consecutive Time At The Global Finance Event At Washington DC.

* NTPC Talaipalli And Dulanga Coal Mines Received The Prestigious  5 Star Rating At The Coal And Lignite Mines Star Rating Award 2024 At New Delhi.

* State Bank Of India (SBI) Has Been Recognized As The Best Bank In India For Year 2024 By Global Finance Magazine At Washington DC.

* Hindustan Petroleum Corporation Limited (HPCL) Has Received The Responsible Business Transformation Award At The Climate Action Award 2024 (Gold)

 * Larsen And TouBro ( L & T) Has Bagged Two Awards At Times New Global Sustainability Alliance SDG Summit 2024.

* Wagh Bakri Tea Group Has Won The Hurun India Generational Legacy Award.

* NICL Has Won The Swachhata Pankhwada Award.

MOU SIGNED - 

* Nepal And India Have Reached The B2B Framework Agreement Regarding The Development Of Petroleum Infrastructure In Nepal.

* NITI Ayog Signed A Joint Statement Of Intent ( SOI) With The Center For Trade And Investment Law (CTIL).