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Banking Current Affairs : 6th Dec 2023

Today’s Current Affairs: 6th Dec 2023 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc:

Dr. BR Ambedkar Death Anniversary 2023:

  • December 6 marks the Mahaparinirvan Diwas of Dr. B.R. Ambedkar, the architect of the Indian Constitution.
  • On the occasion we all commemorate the life and contributions of a visionary leader who played a pivotal role in shaping the social and political landscape of India.

RBI cancels license of Kolhapur-based Shankarrao Pujari Nutan Nagari Sahakari Bank:

  • Shankarrao Pujari Nutan Nagari Sahakari Bank Limited, Ichalkaranji, Kolhapur is prohibited from conducting the business of ‘banking’ which includes, among other things, acceptance of deposits and repayment of deposits as defined in Section 5(b) read with Section 56 of the Banking Regulation Act, 1949 with immediate effect, the Reserve Bank of India said.

Cyclone Michaung Set To Make Landfall In Southeast India:

  • Cyclone Michaung is set to make landfall in southeast India.
  • The storm is expected to cross the coast of Andhra Pradesh near Bapatla, with a maximum sustained wind speed of 90 to 100 kilometers (56-62 miles) an hour, gusting to 110 kilometers.

JT-60SA: World’s Biggest Experimental Nuclear Fusion Reactor Inaugurated in Japan:

  • JT-60SA, the world’s largest and most advanced nuclear fusion reactor started its official operations in Japan’s Ibaraki Prefecture.
  • It is a joint initiative between the European Union and Japan.
  • The JT-60SA reactor is a six-storey-high machine, which is kept in a hangar in Naka north of Tokyo.

Meghalaya’s Lakadong Turmeric gets Geographical Indication tag:

  • Meghalaya’s Lakadong turmeric has been awarded the Geographical Indication (GI) tag.
  • Along with Lakadong turmeric, Garo Dakmanda (traditional dress), Larnai pottery, and Garo Chubitchi (alcoholic beverage) were also awarded the GI tag.

Jimmy George Award for Sreeshankar:

  • Olympian M. Sreeshankar, the long jump silver medallist in the Commonwealth Games and Asian Games, has won the 35th Jimmy George Foundation Award for the best sportsperson of Kerala.

Max Life Insurance appoints Rajiv Anand as Chairman, Analjit Singh resigns:

  • Max Life Insurance, a material subsidiary of Max Financial Services, has a new Chairman, Rajiv Anand.
  • This follows the stepping down of Analjit Singh from the Chairmanship and membership of the Board of Directors of Max Life Insurance.

SBI to acquire 20% stake in SBI Pension Funds for ₹230 crore:

  • The Executive Committee of the Central Board (ECCB) of the State Bank of India (SBI) has accorded final approval to the Bank for acquiring a 20% stake held by SBICAPS (SBI Capital Markets Ltd) in SBIPFPL (SBI Pension Funds Private Ltd).

Union Bank collaborates with Accenture to boost operational efficiency:

  • Union Bank of India said it will be collaborating with Accenture to design and develop a scalable and secure enterprise data lake platform to boost its operational efficiency.
  • This will also enhance its ability to offer customer-centric banking services and manage risk.

ADB to provide Rs 250 million to strengthen India’s power sector:

  • The Asian Development Bank has approved a Rs 250 million policy-based loan to strengthen India’s power sector by improving financial sustainability and facilitating the shift to renewable energy.

Kenyan President’s Three Day State Visit to India:

  • Kenyan President William Samoei Ruto recently embarked on a three-day state visit to India, emphasizing the enduring friendship between the two nations dating back to 1948.

Jithesh John Assumes Role As IBBI Executive Director:

  • The Insolvency and Bankruptcy Board of India (IBBI) confirmed that Jithesh John, a seasoned Indian Economic Service Officer from the 2001 batch, has assumed the position of Executive Director.

Akshata Krishnamurthy Becomes First Indian to operate Mars Rover:

  • Dr. Akshata Krishnamurthy has made this incredible achievement in space exploration.
  • With a special degree from MIT (Massachusetts Institute of Technology), her journey is a great example of not giving up on your dreams.

115 Million Year Old Shark Fossil Discovered In Jaisalmer, Rajasthan:

  • A team of researchers has unearthed India’s first Early Cretaceous shark fossils in the Jaisalmer area of Rajasthan.
  • The findings, detailed in the research paper titled “First Early Cretaceous Sharks from India,” published in Historical Biology

Revanth Reddy Named Telangana’s New Chief Minister:

  • The Congress central leadership has officially announced A. Revanth Reddy as the new Chief Minister of Telangana.