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Banking Current Affairs : 27th April 2024

Today’s Current Affairs: 27th Apr 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc

NABARD Unveils Climate Strategy 2030:

  • NABARD unveiled its Climate Strategy 2030 document on the occasion of Earth Day.
  • The comprehensive strategy aims to address India’s escalating need for green financing. Despite the pressing demand, where India requires approximately $170 billion annually to reach a cumulative total of over $2.5 trillion by 2030, current green finance inflows are critically insufficient.

Prepaid Payment Instruments:

  • The Reserve Bank of India (RBI) has directed fintech firm Talkcharge Technologies to stop issuing and operating its Prepaid Payment Instruments (PPIs) or wallets and refunding the balances held in them to customers by May 17 this year.
  • This has come after the central bank observed that the firm is issuing wallets without its permission.

Indian Bank ties up with Tata Power Solar to boost solar energy adoption:

  • Tata Power Solar Systems, announced its strategic partnership with the Indian Bank to bolster the adoption of solar rooftops among residential consumers.
  • The collaboration aims to facilitate financing solutions under the popular PM Surya Ghar Muft Bijli Yojana scheme for installations up to 3 KW, as well as extend support for installations ranging from 3 to 10 KW under the scheme.

Reliance Jio becomes world’s largest mobile operator in data traffic:

  • Reliance Jio has become the world’s largest mobile operator in data traffic consumption, surpassing China Mobile.
  • According to global analytics firm Tefficient, the Indian telecom operator’s total traffic reached 40.9 exabytes in the January-March quarter, compared to China Mobile’s 38.

IndusInd Bank successfully executes RBI’s programmable CBDC pilot:

  • IndusInd Bank announced the successful execution of the Reserve Bank of India’s programmable Central Bank Digital Currency pilot, marking the first such instance by any bank.
  • It is done in collaboration with Circularity Innovation Hub India Private Limited and involves an alternate form of CBDC wherein the bank can program the end use of funds, specifically targeting farmers.

Narsingh Yadav Elected Chairman of WFI Athletes Commission:

  • The Wrestling Federation of India (WFI) has completed the process mandated by the United World Wrestling (UWW), the global governing body for the sport.

IAF Conducts Successful Test of Air-Launched Ballistic Missile:

  • The Indian Air Force (IAF) has achieved a significant milestone by successfully testing a new version of an air-launched medium-range ballistic missile.
  • The missile, codenamed ROCKS or Crystal Maze 2, was test-fired from a Su-30 MKI fighter jet in the Andaman and Nicobar Islands.

Phi-3-mini marks a significant milestone in AI innovation:

  • Phi-3-mini marks a significant milestone in AI innovation, offering unparalleled performance and efficiency.
  • Microsoft’s latest small language model (SLM) has surpassed benchmarks, demonstrating superiority over models of similar and larger sizes.

SBI Card MILES Launches Three Travel-Focused Credit Card Variants:

  • SBI Card has introduced three variants of its travel-centric credit card, SBI Card MILES, catering to diverse travel needs.
  • The variants—SBI Card MILES ELITE, SBI Card MILES PRIME, and SBI Card MILES

NABARD-RBI Innovation Hub Partnership Accelerates Digital Agri Lending:

  • NABARD has joined forces with the RBI Innovation Hub to revolutionize agricultural lending through digitalization.
  • The partnership aims to streamline loan processing and enhance accessibility for farmers across India.

Randeep Hooda Honoured with Lata Deenanath Mangeshkar Award:

  • Actor Randeep Hooda was bestowed with the Lata Deenanath Mangeshkar Award.
  • This honor recognizes his remarkable contributions to Indian cinema and his recent film “Swatantrya Veer Savarkar”.