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Banking Current Affairs : 22nd Feb 2024

Today’s Current Affairs: 22nd Feb 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc

PayPal registers with FIU of India:

  • American payments gateway service provider PayPal has registered its operations with the Financial Intelligence Unit of India, about six years after a protracted legal battle ensued between the two entities.
  • It has completed the formal procedure of being designated as a reporting entity under the Prevention of Money Laundering Act recently and submitted documents to FIU.

Whirlpool sells 24% stake in India:

  • Whirlpool said it has executed a sale of 24% of its stake in its India unit for about $468 million.
  • Whirlpool conducted the sale through its subsidiary in Mauritius, reducing its stake in the entity from 75% to 51%.

12th edition of MILAN 2024:

  • Defence Minister Rajnath Singh will officially inaugurate the 12th edition of MILAN 2024, the flagship naval exercise hosted by the Indian Navy in Visakhapatnam.
  • He will also inaugurate the MILAN Village at the Eastern Naval Command base to mark the occasion.

9th Edition of Raisina Dialogue in New Delhi:

  • Prime Minister Narendra Modi will inaugurate the 9th edition of the Raisina Dialogue in New Delhi.
  • Prime Minister of Greece, Kyriakos Mitsotakis, will join the inaugural session as the Chief Guest, and deliver the keynote address.
  • The Raisina Dialogue is India’s flagship conference on geopolitics and geo-economics.

Japan Commits 232.2 Billion Yen for Nine Development Projects in India:

  • Japan has committed a 232.21-billion-yen (about $1.55 billion) Official Development Assistance (ODA) loan for nine projects across various sectors in India such as road connectivity, climate change response, and horticulture, India’s finance ministry said.

119th member of the International Solar Alliance:

  • Malta became the 119th country to join the International Solar Alliance, the Ministry of External Affairs said.

India contributes 1 million US Dollars to the Poverty and Hunger Alleviation Fund:

  • The fund is aimed at alleviating poverty and hunger. India’s Permanent Representative to the UN, Ambassador Ruchira Kamboj handed over the cheque to the Director of the UN Office for South-South Cooperation (UNOSSC) Dima Al-Khatib.

RBI grants payment aggregator license to Mswipe Technologies:

  • Merchant-led digital payments provider Mswipe Technologies said the Reserve Bank of India has granted it a payment aggregator (PA) license.

Uttarakhand CM launches ‘Himalayan Basket’:

  • Uttarakhand Chief Minister Pushkar Singh Dhami unveiled the ‘Himalayan Basket’ initiative from his residence.
  • Initially conceived by local entrepreneurs Sumit and Sneha Thapliyal in 2018, this innovative project aims to harness the agricultural riches of Champawat district

Reliance Industries is set to launch ‘Hanooman’, a ChatGPT-style AI service:

  • This initiative marks a significant milestone in the advancement of AI capabilities within India, promising to bring a new era of digital innovation and accessibility.

Fintech Startup ‘Paymart’ Partners With Five Indian Banks For Virtual ATM Service:

  • Paymart, a fintech startup, announced its partnership with five Indian banks to introduce a groundbreaking virtual, cardless, and hardware-less cash withdrawal service.