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Banking Current Affairs : 14th May 2024

Today’s Current Affairs: 14th May 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc

Indian Coast Guard Inks MoU with Hindalco:

  • The Indian Coast Guard (ICG) and Hindalco Industries, a leading industry group, have joined forces to promote the manufacturing and supply of indigenous marine-grade aluminium for the construction of ships.

Vice Admiral Sanjay Bhalla Takes Helm as Chief of Personnel of Indian Navy:

  • Vice Admiral Sanjay Bhalla, AVSM, NM, a seasoned naval officer with over 35 years of distinguished service, has assumed the pivotal role of Chief of Personnel of the Indian Navy on 10 May 2024

India’s Industrial Production Growth Slows to 4.9% in March 2024:

  • India’s industrial production growth rate decelerated to 4.9% in March 2024 compared to 5.7% in February, as per data from the Ministry of Statistics and Programme Implementation.

Japan and Nagaland Inaugurate Kohima Peace Memorial and Eco Park:

  • The Kohima Peace Memorial and Eco Park in Nagaland hold profound significance, celebrating the collaborative effort between the Government of Japan, the Japanese International Cooperation Agency, and the Government of Nagaland.

India Overtakes Japan To Become World’s 3rd Largest Solar Power Generator:

  • As per the report “Global Electricity Review 2024” by the international energy analytics agency Ember, in 2023, India surpassed Japan to become the world’s third-largest producer of solar power, generating 113 Terawatt-hour (TWh) compared to Japan’s 110 Terawatt-hour (TWh).
  • This marked India’s significant rise from being 9th in solar energy deployment in 2015.

YES BANK Partnered with EBANX to Empower Cross-Border Commerce in India:

  • YES Bank Ltd (Youth Enterprise Scheme Bank), a leading private sector bank in India, partnered with EBANX for payment processing in India for the global digital economy.

Hinduja Group gets IRDAI approval for Reliance Capital acquisition:

  • Hinduja Group’s IndusInd International Holdings (IIHL) on May 10 received the long-awaited Insurance Regulatory and Development Authority of India’s approval for the acquisition of Reliance Capital.

Army and IAF conduct joint exercises at multiple locations in the Punjab:

  • The Kharga Corps, under the aegis of the Indian Army’s Western Command, has completed Gagan Strike-II, a three-day joint exercise conducted at multiple locations in Punjab to refine processes and validate the employment of attack helicopters in support of mechanized operations in developed terrain.

Sahitya Akademi award-winning Urdu litterateur Salam Bin Razzaq passes away:

  • Renowned Urdu litterateur and academician, Shaikh Abdussalam Abdurrazzaq, famous by his pseudonym Salam Bin Razzaq, passed away.
  • Razzaq won the prestigious Sahitya Akademi Award for Urdu literature for his acclaimed short stories collection, ‘Shikasta Buton Ke Darmiyan’, in 2004.

Wipro Appoints Vinay Firake as CEO of APMEA Strategic Market Unit:

  • Wipro, a leading IT major, has announced the appointment of Vinay Firake as the Chief Executive Officer (CEO) of its Asia Pacific, India, Middle East, and Africa (APMEA) strategic market unit (SMU), effective immediately.

Doha Diamond League:

  • Neeraj Chopra, the Olympic and world champion in javelin throw, started his 2024 season on a strong note, securing a second-place finish at the Doha Diamond League 2024. Chopra’s impressive throw of 88.36m on his final attempt.

Coca-Cola India Joins Forces with Hockey India to Empower Women’s Hockey:

  • Anandana, The Coca-Cola India Foundation, has forged its maiden alliance with Hockey India for the National Women’s Hockey League 2024.
  • This collaboration aims to elevate women’s hockey by providing essential resources and support to players, aligning with Coca-Cola India’s commitment to sports and gender equality through its #SheTheDifference campaign.

Dileep Sanghani Elected As Chairman Of IFFCO:

  • The Indian Farmers Fertiliser Cooperative (IFFCO) has successfully conducted its 15th RGB elections for its Board of Directors, marking a remarkable milestone in cooperative governance.