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Banking Current Affairs : 1st April 2024

Today’s Current Affairs: 1st Apr 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc

ED at Union Bank of India:

  • Pankaj Dwivedi has taken charge as an Executive Director at Union Bank of India (UBI).

India’s foreign exchange reserves increased by 140 million dollars:

  • India’s foreign exchange reserves increased by 140 million dollars to touch its all-time high of 642.631 billion dollars during the week ended on the 22nd of March.

China launches 3rd group of Yunhai-2 satellites for observation:

  • China has launched a new batch of Yunhai-2 meteorological satellites likely for use by its military.
  • The satellites were likely released into a series of orbits following a series of burns by the YZ-3 upper stage

NTPC signs pact with Japanese agency for USD 200 million loan:

  • NTPC said it has inked a pact with a Japanese agency for sourcing foreign currency loans of USD 200 million (JPY 30 billion or around Rs 1,650 crore)

Bangladesh’s First ICC Elite Umpire:

  • Sharfuddoula has created history by becoming the first Bangladeshi umpire to be appointed to the ICC Elite Panel of Umpires.

Vijay Jain Bags Times Power Icon 2024 Award:

  • Vijay Jain, the Managing Director of Star Estate, was awarded the prestigious Times Power Icon 2024 Award

Automotive Tyre Manufacturers’ Association Chairman:

  • Arnab Banerjee, the Managing Director & CEO of CEAT Ltd., has been elected as the new Chairman of the Automotive Tyre Manufacturers’ Association (ATMA). ATMA is the national industry body representing the automotive tyre sector in India.

Income Tax Department Imposes ₹564.44 Crore Penalty on Bank of India:

  • Bank of India (BoI) has disclosed the receipt of an order from the Income Tax Department, Assessment Unit, concerning the Assessment Year (AY) 2018-19.
  • The order imposes a penalty of ₹564.44 crore on various disallowances made by the bank.

International Day of Zero Waste 2024:

  • The United Nations General Assembly passed a resolution to have an International Day of Zero Waste celebrated every year on March 30th.
  • This day aims to raise awareness about reducing waste and promoting zero-waste initiatives to achieve sustainable development

UNESCO Adds 18 New Geoparks to UNESCO Global Geoparks Network:

  • The United Nations Educational, Scientific and Cultural Organization’s (UNESCO)’s Executive Board has approved the addition of 18 new sites situated in Brazil, China, Croatia, Denmark, Finland, France, Greece, Hungary, Poland, Portugal, and Spain to the UNESCO Global Geoparks network.

GoI Updates List of Banks Authorized to Import Gold & Silver During FY25:

  • The Government of India(GoI) updated the list of banks authorized by the Reserve Bank of India(RBI) to import gold and silver during the Financial year 2024-2025 (FY25).
  • As per the list, RBI has authorised 11 banks to import Gold and Silver and 3 banks to import only gold with effect from 1st April 2024.
  • The authorisation will be valid up to 31st March 2025.

Nidhu Saxena named as MD & CEO of Bank of Maharashtra:

  • Nidhu Saxena was appointed as the Managing Director and Chief Executive Officer (MD & CEO) of the Bank of Maharashtra (BOM) for a period of three years, with effect from March 27, 2024.
  • He will be replacing A.S Rajeev upon his election as Vigilance Commissioner in Central Vigilance Commission (CVC).

PR Sreejesh & Camila Caram Appointed Co-chairs of New FIH Athletes Committee:

  • Indian hockey goalkeeper Parattu Raveendran (PR) Sreejesh and Chilean women’s hockey player Camila Caram are appointed as co-chairs of the International Hockey Federation’s (FIH) new Athletes Committee.