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Banking Current Affairs : 4th Dec 2023

Today’s Current Affairs: 4th Dec 2023 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc:

Indian Navy Day 2023:

  • Indian Navy Day is celebrated annually on December 4th to commemorate the Indian Navy’s attack on the Karachi harbor during the 1971 war against Pakistan.
  • The day honors the courage and sacrifice of the Indian Navy in safeguarding the nation’s maritime borders.

LIC amends norms for inclusion of shareholders’ directors on its board:

  • State-owned insurer LIC has amended a framework to allow the induction of shareholders’ directors on its board.

TSI bags ₹200 cr via credit fund:

  • Piramal Alternatives and CDPQ-backed performing credit fund have agreed to extend a ₹200 crore sum to ATM (automated teller machines) operator Transaction Solutions International (India) Pvt Ltd (TSI) in a structured credit transaction.

Ruturaj Gaikward becomes the fastest Indian to 4,000 T20 runs:

  • Ruturaj Gaikwad has become the fastest Indian to accomplish 4,000 runs in men’s T20 cricket.
  • He achieved the feat in the fourth T20I against Australia at the Shaheed Veer Narayan Singh International Stadium in Raipur.

RBI, Bank of England sign MoU on cooperation and information exchange related to CCIL:

  • Move that could encourage the European Securities and Markets Authority (ESMA) to restore recognition to at least one of the Indian central counterparties (CCPs), the Reserve Bank of India (RBI) and the Bank of England (BoE) signed a Memorandum of Understanding (MoU) for cooperation and exchange of information in relation to the Clearing Corporation.

India was re-elected to the International Maritime Organisation with the Highest Vote Tally:

  • In elections held at its assembly for the 2024–25 biennium, India was re-elected to the International Maritime Organisation (IMO) Council with the highest tally.

MoT Launches National Best Tourism Village and National Best Rural Homestays Competition 2024:

  • The Ministry of Tourism, Government of India, has announced the National Best Tourism Village Competition 2024 and the National Best Rural Homestay Competition 2024.

Kanchan Devi Becomes First Woman Director General Of ICFRE:

  • Kanchan Devi, 1991-batch Indian Forest Service Officer from the Madhya Pradesh cadre, has been appointed as the Director General (DG) of the Indian Council of Forestry Research Education (ICFRE).

MoJS Minister Gajendra Singh Shekhawat releases Dynamic Ground Water Resource Assessment Report 2023:

  • The Union Minister Gajendra Singh Shekhawat, Ministry of Jal Shakti (MoJS) released the ‘National Compilation on Dynamic Ground Water Resources Of India, 2023’ whose assessment was carried out jointly by Central Ground Water Board (CGWB) and States/UTs for taking suitable interventions by various stake-holders.

iDEX signed 300th Contract For Design and Development of GaN Semiconductors:

  • Innovations for Defence Excellence (iDEX)-Defence Innovation Organisation (DIO), the flagship initiative of the Ministry of Defence (MoD), signed its 300th contract with Bengaluru (Karnataka) based M/S Agnit Semiconductors Private Limited in New Delhi, Delhi.

Union Home Minister Amit Shah led Committee Approves Rs 1,658 Crore Recovery and Reconstruction Plan for Joshimath:

  • The high-level central committee, headed by Union Home Minister Amit Shah, has approved the Recovery and Reconstruction (R&R) plan of Rs 1,658 crore for Joshimath in Uttarakhand, which was affected by landslides and land subsidence.

RBI, Bank of England sign MoU concerning Clearing Corporation; Fines Bank of America, N.A., HDFC Bank:

  • The Reserve Bank of India (RBI) and the Bank of England (BoE) signed a Memorandum of Understanding (MoU) for cooperation and information exchange regarding the Clearing Corporation of India Limited (CCIL).

SEBI Postpones Linking of SCORES with ODR Portal to April 2024:

  • The Securities and Exchange Board of India (SEBI) has extended the timeline of linking of SEBI Complaint Redressal (SCORES) platform with the Online Dispute Resolution (ODR) Portal from 4th December 2023 to 1st April 2024.
  • The circular was issued under Section 11(1) of the Securities and Exchange Board of India Act, 1992.

Chandra Shekhar Ghosh Re-appointed as MD & CEO of Bandhan Bank for 3 Years:

  • The board of Bandhan Bank Limited approved the re-appointment of Chandra Shekhar Ghosh as the Managing Director (MD) and Chief Executive Officer (CEO) of the Bandhan Bank , for 3 years.