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Banking Current Affairs : 5th Mar 2024

Today’s Current Affairs: 5th Mar 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc


  • The Indian Navy will commission the newly inducted MH 60R Seahawk (a maritime variant of the Blackhawk helicopter) multi-role helicopter on 06 Mar 2024 at INS Garuda, Kochi marking a pivotal moment in India’s Defence modernization journey.
  • The Seahawks squadron will be commissioned in the Indian Navy as INAS 334

National Urban Co-operative Finance and Development Corporation Limited:

  • Union Cooperation Minister Amit Shah today launched the National Urban Co-operative Finance and Development Corporation Limited (NUCFDC), the Umbrella organization for the Urban Cooperative Banks in New Delhi.
  • This initiative aims to modernize and strengthen the Urban Cooperative Banking Sector, which will benefit both the banks and their customers.

Next Prime Minister of Pakistan:

  • Pakistan Muslim League-Nawaz (PML-N) leader Shehbaz Sharif has been elected as the Prime Minister of Pakistan. He secured 201 votes while Omer Ayub Khan, the Imran Khan-backed PTI candidate managed to get 92 votes.

India’s first indigenously built green hydrogen electrolyzer:

  • Larsen & Toubro (L&T) has commissioned its first indigenously manufactured electrolyzer at the Green Hydrogen Plant located at the A M Naik Heavy Engineering Complex in Hazira, Gujarat.

RBI approves ex-Sebi director as TMB’s part-time chairman:

  • The RBI has approved the appointment of S Ravindran as the part-time chairman of the Tamilnad Mercantile Bank (TMB). RBI approved his appointment from February 29, 2024, till August 2, 2026.

Iran launches ‘Pars 1’ satellite into orbit from Russia:

  • Iran’s venture into space exploration and satellite deployment continues with the launch of the “Pars 1” satellite, facilitated by Russia from the Vostochny Cosmodrome.

Chapchar Kut Festival Celebrated Across Mizoram:

  • Chapchar Kut, the grandest festival in Mizoram, resonated throughout the state with vibrant traditional customs and jubilant festivities.

Kotak Mahindra Bank Introduces Smart Choice Gold Loan:

  • This new product is designed to leverage the significant gold reserves held by Indian households, providing an easy and efficient way to meet their financial needs