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Banking Current Affairs : 20th June 2024

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

HAL Received RFP from MoD for 156 Light Combat Helicopters worth Rs 45000 crore:

  • Bengaluru (Karnataka)-based Hindustan Aeronautics Limited (HAL) has received Request For Proposal (RFP) from the Ministry of Defence (MoD) for procurement of 156 Light Combat Helicopters (LCHs) Prachand, estimated to cost Rs 45, 000 crore.

IFC to Finance USD 105 million to Brookfield’s 550 MW Solar Project in Bikaner, Rajasthan:

  • The International Finance Corporation (IFC), a member of the World Bank Group, has committed USD 105 million to part finance a 550 Megawatt peak (MWp) solar power project in Bikaner, Rajasthan, which is being developed by Brookfield Asset Management Ltd(BAM), a leading global investment firm based in Canada.

Fitch Ratings Raised India’s GDP Growth Projection to 7.2% for FY25:

  • Global rating agency Fitch Ratings released its report titled “Global Economic Outlook (GEO) for June 2024”, has raised its projection for India’s Gross Domestic Product (GDP) growth by 20 basis points (bps) from 7% (projected in March 2024) to 7.2% for fiscal year FY25 (2024-25).

Siddesh Sakore, Indian Farmer from Maharashtra Named Land Hero by UNCCD:

  • Siddhesh Sakore, Farmer From Maharashtra, Named Land Hero By UN Agency Siddesh Sakore, a farmer from Kendur village, Maharashtra (India) and founder of AGRO RANGERS has been named as the ‘Land Hero’ by the United Nations Convention to Combat Desertification (UNCCD) on the occasion of World Day to Combat Desertification and Drought (WDCCD) i.e. on 17th June 2024.

British Actor Theo James Appointed as UNHCR’s Global Goodwill Ambassador:

  • The United Nations High Commissioner for Refugees (UNHCR), the UN Refugee Agency, has named British actor, producer, and model Theo James as its new Global Goodwill Ambassador.
  • Goodwill Ambassadors are prominent public figures associated with UNHCR, enhancing the organization’s global visibility through their influence, dedication, and hard work.

MRU Installs GNSS Receiver In Partnership with ISRO:

  • Manav Rachna University (MRU) has become the first University in Delhi, National Capital Region (NCR) to install a ‘Global Navigation Satellite System (GNSS) receiver’ and Space Weather Laboratory at its campus in collaboration with the National Atmospheric Research Laboratory (NARL)-Indian Space Research Organization (ISRO).

Ukraine Launches Unmanned Systems Forces; World’s 1st Stand-alone Military Branch for Drone System

  • The Armed Forces of Ukraine officially launched “Unmanned Systems Forces (USF)”, a new stand-alone military branch aimed at supporting and developing units of unmanned systems.
  • With this, Ukraine has become the 1st country in the world to establish a military branch dedicated to drone systems.

Sumit Nagal Finishes as Runner-Up at ATP Challenger 125 Perugia:

  • Indian tennis player Sumit Nagal finished as runner-up in the Men’s Singles at the Internazionali di Tennis Città di Perugia 2024 (ATP Challenger 125 Perugia), a part of Association of Tennis Professionals (ATP) Challenger Tour 2024, held in Perugia, Italy.
  • Italy’s Luciano Darderi won the Men’s Singles title by defeating Sumit Nagal in the finals. Following his win, the 22-year-old rose to No. 34 in the PIF ATP Rankings.

World Refugee Day 2024:

  • World Refugee Day is a special day recognized by the United Nations to show respect and appreciation for refugees worldwide. It takes place on June 20th every year.
  • The official theme for World Refugee Day 2024 is “For a World Where Refugees Are Welcomed.

9 Major Ports of India make it to the Global Top 100 by World Bank:

  • These metrics highlight the port’s efficiency in handling container ships and significantly influence customer preference. Seven other Indian ports, that secured ranks in the top 100, are Pipavav (41), Kamarajar (47), Cochin (63), Hazira (68), Krishnapatnam (71), Chennai (80), and Jawaharlal Nehru (96).

Cabinet approves Viability Gap Funding (VGF) scheme for implementation of Offshore Wind Energy Projects:

  • The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects at a total outlay of Rs. 7453 crore, including an outlay of Rs. 6853 crore for installation and commissioning of 1 GW of offshore wind energy projects (500 MW each off the coast of Gujarat and Tamil Nadu), and grant of Rs. 600 for the upgradation of two ports to meet logistics requirements for offshore wind energy projects.

National Forensic Infrastructure Enhancement Scheme:

  • The Union Cabinet has approved the proposal of the Ministry of Home Affairs for the Central Sector Scheme “National Forensic Infrastructure Enhancement Scheme (NFIES) with a total financial outlay of Rs. 2254.43 crore during the period from 2024-25 to 2028-29.

RBI cancels license of Mumbai-based The City Co-operative Bank:

  • The Reserve Bank on 19th June canceled the license of The City Co-operative Bank, Maharashtra for lacking adequate capital and earning prospects.
  • The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has also been asked to issue an order for winding up the bank and appoint a liquidator, RBI said.

RBI grants Payment Aggregator license to SabPaisa:

  • SabPaisa (SRS Live Technologies Private Limited), a payment solutions provider has announced that it has received final approval from the Reserve Bank of India (RBI) to function as a Payment Aggregator (PA) under the Payments and Settlement Systems Act, 2007.
  • The license will allow SabPaisa to offer comprehensive payment aggregation services to merchants across the country.