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Banking Current Affairs : 12th Dec 2023

Today’s Current Affairs: 12th Dec 2023 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc:

Bank Of India Launches Nari Shakti Savings Account For Women:

  • Bank of India has recently introduced the Nari Shakti Savings Account. This exclusive savings bank product is designed to cater specifically to women aged 18 and above who possess an independent source of income

Travis Head wins ICC Men’s Player of Month award for November 2023:

  • The cricket world witnessed outstanding performances in November 2023, with Australian batter Travis Head and spin maestro Nahida Akter earning the prestigious ICC Men’s and Women’s Player of the Month awards, respectively

Indian Scientist Dr. Hemachandran Ravikumar Receives Karmaveer Chakra Medal-2023:

  • Dr. Hemachandran Ravikumar was honored with the Karmaveer Chakra Medal and Rex Karmaveer Global Fellowship by ICONGO in collaboration with the United Nations, in recognition of his exceptional contributions to R&D in Physical & Bio-Science and Microbiological Studies.

Kabir Bedi awarded Italy’s civilian honour ‘Order of Merit’:

  • Kabir Bedi was awarded the “Order of Merit of the Italian Republic” (Merito della Repubblica Italiana), the country’s highest honour awarded to civilians, at a private ceremony held in Mumbai.

China Unveils World’s First 4th-Generation Nuclear Reactor:

  • China has achieved a significant milestone in its quest to shift away from traditional coal-fired power plants and decrease its reliance on foreign technologies.

Dr. Gao Yaojie, Renowed AIDS Activist Dies At 95:

  • Dr. Gao Yaojie, a trailblazing Chinese doctor and activist, passed away at the age of 95 in her home in the United States.
  • She was known for her fearless exposure of the AIDS virus epidemic in rural China during the 1990s

DPIIT Collaborates with World Bank to elevate India’s logistics efficiency:

  • The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry(MoCI), collaborates with the World Bank (WB) to improve India’s logistics efficiency.
  • The aim behind the collaborative efforts is to elevate India’s ranking in the WB Logistics Performance Index (LPI).

REC Signs 200 Million Euro Loan with Germany’s KfW to Reform DISCOMs:

  • REC Limited(formerly Rural Electrification Corporation Limited), a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power (MoP), has signed a 200 million Euro (approximately Rs. 1,795 crore) loan agreement with KfW Development Bank, Germany, to reform Distribution Companies (DISCOMs) in India.
  • This is REC’s sixth line of credit under the Indo-German Development Cooperation.

Lalduhoma (74), Leader of the Zoram People’s Movement (ZPM), was sworn in as the 6th Chief Minister (CM) of Mizoram.:

  • He is also the oldest person to become the CM of Mizoram.

4 Union ministers get additional charge:

  • On 7th December 2023, Droupadi Murmu, President of India, as advised by the Prime Minister (PM) Narendra Modi has given additional charge to 4 Union Ministers.

LIC reduces stake in HDFC Asset Management Company to 6.953% from 9.046%:

  • Mumbai (Maharashtra) based Life Insurance Corporation of India (LIC) has reduced its shareholding in HDFC Asset Management Company (AMC) Limited from 9.046% to 6.953% of the paid-up capital.