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Banking Current Affairs : 20th April 2024

Today’s Current Affairs: 20th Apr 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc

Chief of Naval Staff:

  • The Government has appointed Vice Admiral Dinesh Kumar Tripathi, PVSM, AVSM, NM, presently serving as the Vice Chief of the Naval Staff, as the next Chief of the Naval Staff with effect from the afternoon of April 30, 2024.

RBI imposes Rs 60.3 lakh penalty on five co-operative banks:

  • A penalty of Rs 43.30 lakh has been imposed on Rajkot Nagarik Sahakari Bank for non-compliance with RBI directions on ‘ban on loans and advances to directors and their relatives, and firms/concerns in which they are interested’.

3rd largest silver producer globally:

  • Vedanta group firm Hindustan Zinc said it has become the third largest producer of silver globally.
  • As per a survey, its Sindesar Khurd Mine in Rajasthan now stands as the world’s second-largest silver-producing mine, moving up from last year’s fourth spot, the company said in a statement.

RBI Approves Ajith Kumar KK as Dhanlaxmi Bank’s MD & CEO Amid Capital Raise:

  • The Reserve Bank of India (RBI) greenlights Ajith Kumar KK’s appointment as Managing Director & CEO of Dhanlaxmi Bank, marking a pivotal moment amidst the bank’s preparations for a ₹300 crore rights issue.

New World Record for the Lowest Limbo Skating Over 25 Metres:

  • India’s young skating sensation, Takshvi Vaghani, has etched her name in the record books by setting a new world record for the lowest limbo skating over 25 metres

India’s Electronics Exports Surge to $29.12 Billion in FY24:

  • India’s electronics industry experienced a notable surge in exports, reaching $29.12 billion in fiscal year 2023-24, a substantial 23.6% increase from the previous year.
  • This growth is particularly significant amid an overall contraction of the country’s total exports by 3%.

Varanasi’s Tiranga Barfi and Dhalua Murti Metal Casting Craft Receive GI Tag:

  • Two iconic products from the historic city of Varanasi, Uttar Pradesh, have been granted the coveted Geographical Indication (GI) status.

India’s GDP growth at 6.5% in 2024:

  • UNCTAD forecasts India’s GDP growth at 6.5% in 2024, a slight deceleration from the previous year’s 6.7%.
  • This projection aligns with the IMF’s revised forecast, attributing growth to strong public investment and the services sector.

Skytrax Award for ‘Best Airport Staff’:

  • GMR Hyderabad International Airport Ltd (GHIAL) has been honored with the ‘Best Airport Staff in India & South Asia 2024’ award by Skytrax.
  • The announcement took place during the Passenger Terminal EXPO 2024 in Frankfurt, Germany, on April 17

CBDT signs record number of 125 Advance Pricing Agreements (APAs) in FY24:

  • In Financial Year 2023-24 (FY24), the CBDT set a record by signing 125 Advance Pricing Agreements (APAs) with Indian taxpayers, comprising 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs).
  • This marks a 31% increase from 95 APAs in FY23 and the highest number of APAs signed in any financial year since its inception, bringing the total to 641 comprising 506 UAPAs and 135 BAPAs.

IFSCA constitutes committee to transform GIFT City into Climate Finance Hub:

  • The International Financial Centres Authority(IFSCA) constituted a standing committee to prepare a framework for launching climate finance products.
  • The committee aims to transform GIFT City (Gujarat International Finance Tec-City) into a climate finance hub.
  • The committee is expected to submit its report to the government by the end of May 2024.

India Wins 9 medals in Asian Wrestling Championships 2024I:

  • Indian wrestlers won a total of 9 medals (4 silver and 5 bronze) in the Asian Wrestling Championships (Seniors) 2024 held in Bishkek, Kyrgyzstan from 11th to 16th April 2024