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Banking Current Affairs : 26th April 2024

Today’s Current Affairs: 26th Apr 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc

Prabowo Subianto Declared Indonesia’s President-Elect Amid Controversy:

  • Indonesia’s electoral commission has officially declared Prabowo Subianto as the president-elect after the country’s highest court rejected challenges to his landslide victory lodged by two losing presidential candidates.

NASA’s Human Exploration Rover Challenge:

  • Two Indian student teams have brought laurels to the country by winning prestigious awards at the NASA Human Exploration Rover Challenge (HERC). T
  • he KIET Group of Institutions from Delhi-NCR bagged the “Crash and Burn” award, while the Kanakia International School from Mumbai received the “Rookie of the Year” award.

Report by the Institute for Energy Economics and Financial Analysis:

  • A recent report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember evaluates the progress of India’s clean electricity transition at the state level.
  • While Karnataka and Gujarat maintain strong performances, states like Jharkhand, Bihar, West Bengal, and Uttar Pradesh lag behind, necessitating increased efforts for renewable energy integration and decarbonization

RBI Introduces FEMA Regulations for Direct Listing on International Exchanges:

  • The Reserve Bank of India (RBI) has unveiled regulations under the Foreign Exchange Management Act (FEMA) to facilitate the direct listing of Indian companies on international stock exchanges

Kotak Mahindra Bank Share Plunges 10% on RBI Action:

  • Kotak Mahindra Bank’s shares plummeted by 10% following punitive measures imposed by the Reserve Bank of India (RBI), which restrict the bank from onboarding new customers online and issuing fresh credit cards due to IT system deficiencies in 2022 and 2023.

World Malaria Day 2024:

  • World Malaria Day 2024 will be held on Thursday, April 25th.
  • This Day is an opportunity to unite against this deadly disease and build momentum towards a future free of malaria.
  • By staying informed, taking action, and supporting the fight, we can contribute to a healthier world for all.
  • The official theme for World Malaria Day 2024 is “Accelerating the fight against malaria for a more equitable world”.

Government approves one-year extension to RBI Deputy Governor Rabi Sankar:

  • The government has extended the term of RBI Deputy Governor T Rabi Sankar for one year, according to sources.
  • The Appointments Committee of the Cabinet has approved the reappointment of T Rabi Sankar, Deputy Governor Reserve Bank of India, for one year

Laureus Sports Awards:

  • Tennis great Novak Djokovic won the Laureus World Sportsman of the Year honor for a record-extending 5th time after 2012, 2015, 2016, and 2019, while Spain’s World Cup-winning football star Aitana Bonmati won the World Sportswoman of the Year award at a star-studded ceremony in Madrid.

RBI Releases New Guidelines for ARCs Effective April 24, 2024:

  • The Reserve Bank of India (RBI) has issued a comprehensive master direction for asset reconstruction companies (ARCs), which will come into effect from April 24, 2024.
  • These guidelines aim to enhance the regulatory framework for ARCs and ensure their financial stability and effectiveness in resolving distressed assets.

International Girls in ICT Day:

  • Every year on the fourth Thursday of April, the world celebrates International Girls in ICT Day.
  • This important occasion aims to highlight the significance of girls and young women in the field of Information and Communications Technology (ICT) and encourage them to pursue education and careers in STEM (Science, Technology, Engineering, and Mathematics).

Axis Bank reappoints Amitabh Chaudhry as chief :

  • The Board of Axis Bank approved the re-appointment of Amitabh Chaudhry as Managing Director & CEO of the Bank, for a further period of three years with effect from January 1, 2025, up to December 31, 2027

International Conference On Disaster Resilient Infrastructure:

  • The 6th edition of the International Conference on Disaster Resilient Infrastructure began in New Delhi on 24 April.
  • The event, hosted by the Coalition for Disaster Resilient Infrastructure (CDRI), is themed ‘Investing today for a more resilient tomorrow’ and aims to bolster global infrastructure against disasters.

KABIL inks MoU with CSIR-NGRI:

  • Khanij Bidesh India Limited (KABIL) signed a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research – National Geophysical Research Institute (CSIR-NGRI) to foster a long-term collaboration in the field of geophysical investigations to bolster its ongoing projects and activities in critical and strategic minerals.