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Banking Current Affairs : 8th April 2024

Today’s Current Affairs: 8th Apr 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc

RBI Projects Consumer Price Index Inflation For This Fiscal At 4.5%:

  • While announcing the bi-monthly monetary policy, the Reserve Bank of India has said, the Consumer Price Index inflation for 2024- 25 is projected at 4.5%.
  • The real GDP growth for 2024-25 is projected at 7.0% with Quarter 1 at 7.1%; Quarter 2 at 6.9%; Quarter 3 at 7.0%; and Quarter 4 also at 7.0%.
  • Consumer Price Index (CPI) is one of the price indices used to measure the change in the retail prices of goods and services consumed by a defined population group in a given area.

RBI Imposes Penalties on IDFC First Bank and LIC Housing Finance:

  • The Reserve Bank of India (RBI) has imposed monetary penalties on two financial institutions – IDFC First Bank and LIC Housing Finance – for non-compliance with various regulations.

Meenesh Shah Elected as Chairman of NCDFI:

  • The National Cooperative Dairy Federation of India Ltd. (NCDFI), the national-level apex dairy cooperative, has elected its new Board of Directors.

J&K Bank Introduces Virtual ATM Facility in Collaboration with Paymart India:

  • J&K Bank has teamed up with Paymart India Pvt Ltd to launch a Virtual ATM (VATM) facility.

Enhancing Air Defence Capabilities: Indian Army Inducts Akashteer System:

  • The Indian Army has commenced the induction of the indigenous Akashteer system, marking a significant advancement in its air defence capabilities.
  • This automated air defence control and reporting system, developed by Bharat Electronics Limited (BEL), aims to integrate the army’s air defence units for enhanced operational efficiency.

Manohar International Airport in Goa Launches Digi Yatra System:

  • The Manohar International Airport in Mopa, Goa, has become the 14th airport in India to launch the Digi Yatra system.
  • This biometric-enabled system uses facial recognition technology to automate the entry and verification of passengers at various airport checkpoints, making the travel experience more seamless and convenient.

World Economic Forum Announces 2024 Young Global Leaders Community:

  • The World Economic Forum (WEF) has announced the 20th edition of its Young Global Leaders Community: The Class of 2024. The list includes nearly 90 individuals under the age of 40 from diverse fields, including politics, business, civil society, the arts, and academia.


  • The President of India Droupadi Murmu launched India‘s first home-grown Chimeric Antigen Receptor (CAR) T-cell therapy namely ‘NexCAR19 (Actalycabtagene autoleucel)’ for cancer treatment during the event held at Indian Institute of Technology (IIT) Bombay in Mumbai, Maharashtra.

Adani Green Energy Becomes India’s First Company to Surpass 10,000 MW of Renewable EnergyA:

  • Adani Green Energy Limited (AGEL) has become the country’s first company to surpass 10,000 megawatts (MW), or 10 gigawatts (GW), of renewable energy capacity in its operational portfolio.

RBI Delays Currency Derivative Regulations to Curb Speculative Trading:

  • The Reserve Bank of India (RBI) has deferred the implementation of Exchange Traded Currency Derivatives (ETCD) regulations by a month to May 3, 2024 to curb speculative trading.
  • This is in view of the feedback received from the market and the recent developments.