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Banking Current Affairs : 26th June 2024

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

India’s First-Ever Pilot project for Underground Coal Gasification in Jharkhand:

  • Under the strategic direction of the Ministry of Coal, Eastern Coalfields Limited (ECL) has embarked on an innovative pilot project for Underground Coal Gasification (UCG) at the Kasta coal block in Jamtara District, Jharkhand.
  • This underscores the Ministry’s proactive diversification efforts within the coal sector.

UN Women’s Global Data on Women Political Leaders 2024:

  • According to UN Women’s Global Data on Women Political Leaders 2024, women are still largely excluded from positions of power and diplomacy.
  • The UN said, globally, women’s underrepresentation in decision-making remains a stark reality.
  • A staggering 113 countries worldwide have never had a woman serve as head of state or government, and only 26 countries are led by women.

S&P Global Ratings retains India’s growth forecast for FY25 at 6.8%:

  • The S&P Global Ratings on 24 June retained its growth forecast for India at 6.8% for FY25, citing high interest rates and lower fiscal boost tempering demand in the non-agricultural sectors. For FY26 and FY27, S&P projected India’s economy to grow at 6.9% and 7%, respectively

HDFC Bank launches digital investment platform SmartWealth:

  • HDFC Bank has launched a new digital investment platform to take wealth services to every Indian and make investments simple and transparent.

ICICI Bank unveils ‘SmartLock’, a new safety feature for iMobile Pay:

  • ICICI Bank announced “SmartLock,” a novel safety feature that lets users lock and unlock several banking services at once without contacting customer support via phone or email.

Pixxel wins iDEX challenge, to build satellites for Indian Air Force:

  • Innovations for Defence Excellence, the flagship initiative of the MoD, signed the landmark 350th contract in New Delhi on June 25, 2024.

RBI inducts additional director on Bandhan Board ahead of CEO Ghosh’s retirement:

  • The Reserve Bank of India (RBI) has inducted an additional director on the board of Bandhan Bank, weeks before the current managing director (MD) & chief executive officer (CEO) Chandra Shekhar Ghosh’s retirement.

Vice Chief of Army Staff:

  • Lt Gen NS Raja Subramani is set to be the next Vice Chief of Army Staff with the government clearing his appointment to the post, official sources said on June 20.

Haryana govt Increases Reservation for OBC Category from 15% to 27%:

  • Nayab Singh Saini announced that the reservation for the backward classes in Group-A and Group-B posts, currently at 15 per cent, will be increased to 27 per cent, “in line with the Central government’s policy”.

Govt Appoints Girija Subramanian as CMD of New India Assurance Company:

  • The government has appointed Girija Subramanian as chairman and managing director (CMD) of New India Assurance, the largest general insurer in India.

Anuj Tyagi Appointed MD and CEO of HDFC ERGO General Insurance:

  • Private sector general insurer HDFC ERGO General Insurance announced the appointment of Anuj Tyagi as its new Managing Director (MD) and Chief Executive Officer (CEO), effective July 1, 2024.

One Week One Theme(OWOT) Campaign:

  • Union Minister of State (Independent Charge) for Science and Technology, Minister of State (Independent Charge) for Earth Sciences, MoS PMO, Department of Atomic Energy, Department of Space, Personnel, Public Grievances and Pensions Dr. Jitendra Singh on June 24, launched “One Week One Theme”

Banks Bid Rs 1.6 Trillion in Variable Rate Repo Auction Amid Tightening Liquidity:

  • Banks showed high demand for cash by bidding Rs 1.6 trillion in the Reserve Bank of India’s (RBI) variable rate repo (VRR) auction, held on Friday, against a notified amount of Rs 1 trillion.

SBI Distributes Rs 6,959 Crore Dividend to Government:

  • The State Bank of India (SBI) has distributed a dividend of Rs 6,959 crore to the Indian government for the financial year 2023-24.
  • This marks an increase from the previous year’s dividend of Rs 11.30 per share to Rs 13.70 per share.

National STOP Diarrhoea Campaign 2024:

  • Union Minister of Health and Family Welfare, Shri Jagat Prakash Nadda launched the National STOP Diarrhoea Campaign 2024, on June 24.
  • He was joined by Smt. Anupriya Patel and Shri Jadhav Patraprao Ganpatrao, Union Ministers of State for Health and Family Welfare.

S&P Retains India FY25 GDP Growth Estimate at 6.8%:

  • S&P Global Ratings has maintained its GDP growth forecast for India at 6.8% for FY25, citing high interest rates and reduced fiscal stimulus as factors tempering demand in non-agricultural sectors.
  • The projection for FY26 and FY27 stands at 6.9% and 7%, respectively.

International Day of the Seafarer 2024:

  • Every year on June 25th, we celebrate the International Day of the Seafarer.
  • This special day was created by the International Maritime Organization (IMO) in 2010 to recognize the important role seafarers play in our daily lives and the global economy.