CrackitToday App

Banking Current Affairs : 21st June 2024

Today’s Current Affairs: 21st June 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc

New Postal Law, Post Office Act 2023:

  • Union Ministry of Communication, Government of India (GoI) notified that “The Post Office Act, 2023” came into force with effective from (w.e.f.) on 18th June, 2024.
  • The Post Office Act, 2023 repealed the 125-year old Indian Post Office Act, 1898.
  • The Act aims to create a simple legislative framework for the delivery of citizen centric services, banking services and to extend other government benefits to the country’s most distant areas.

MoFPI Ministers Chirag Paswan & Ravneet Singh Launched Web Portal & Mobile App for World Food India 2024:

  • Union Minister Chirag Paswan, Ministry of Food Processing Industries (MoFPI) and Minister of State (MoS) Ravneet Singh , MoFPI, jointly launched the website and mobile application for the 3rd edition of World Food India (WFI 2024) during the curtain raiser ceremony of WFI 2024 held in New Delhi, Delhi.
  • WFI 2024, India’s largest food event, is scheduled to be held at the Bharat Mandapam, Pragati Maidan, New Delhi, Delhi from 19th to 22nd September 2024.

MSDE Partners with Australian Government to Boost Agriculture Sector of India with Emerging Skills:

  • The Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with the Australian Government, hosted a pivotal roundtable to discuss insights from the Australia-India Critical Agriculture Skills Pilot Project.

ADB Approves USD 170 Million Policy-based Loan to Strengthen Health Systems in India:

  • ADB approves $170 million loan to strengthen health system in IndiaThe Asian Development Bank (ADB) has approved a USD 170 million policy-based loan aimed at bolstering India’s health system preparedness and capacity to respond to future pandemics.
  • The loan, under the Strengthened and Measurable Actions for Resilient and Transformative Health Systems (SMART health) Subprogram 1, will support India’s National Health Policy 2017.

Federal Bank in Collaboration with NPCI Launched RuPay Wave Credit Card with UPI-Powered Transactions:

  • Federal Bank, an Indian private sector bank in collaboration with the National Payments Corporation of India (NPCI), has launched the Federal RuPay Wave Credit Card, empowering customers with the Unified Payments Interface (UPI)-powered transactions on the RuPay network.

IPPB Partners with Ria Money Transfer To Offer Unique Remittance Services Across Rural India :

  • India Post Payments Bank (IPPB) has partnered with Ria Money Transfer to offer unique remittance services across rural India.
  • This partnership aims to provide customers in remote areas of India with convenient and affordable doorstep financial services.
  • With this agreement, access to banking services will be greatly improved, especially because 65% of Indians live in rural areas with inadequate financial infrastructure.

India’s GDP growth is Likely at 7.3% in Q1FY25:

  • The Reserve Bank of India (RBI) released the June 2024 issue of its monthly Bulletin.
  • As per RBI’s latest bulletin, it is quite optimistic that India’s Gross Domestic Product (GDP) will be 7.3% in Q1 (April-June) FY25 (2024-25) .

Akhil Gupta Named as the Chairman of Bharti AXA Life Insurance:

  • Akhil Gupta has been named as the Chairman of Bharti AXA Life Insurance Company Limited, wholly owned by Bharti Group. Currently he is serving as the Vice Chairman of Bharti Enterprises

Cabinet approves development of Lal Bahadur Shastri International Airport, Varanasi:

  • The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the proposal of Airports Authority of India (AAI) for development of Lal Bahadur Shastri International Airport, Varanasi with an outlay of Rs 2,870 crore.

Sweden Tops, India at 63rd Rank on Global Energy Transition Index: WEF

  • According to the Global Energy Transition Index released by the World Economic Forum (WEF) on 19 June 2024, India has been ranked 63rd out of 120 countries, improving three ranks from last year’s 67th position. Sweden has again topped the Index.

Indian Armed Forces Unveil Unified Cyberspace Doctrine:

  • Chief of Defence Staff Gen Anil Chauhan released the Joint Doctrine for Cyberspace Operations during the Chiefs of Staff Committee (COSC) meeting held on June 18, 2024, in New Delhi.