18 August 2015 daily current affairs

Aug 22, 2015

Kishor Piraji Kharat appointed as MD and CEO of IDBI.

About Kishor Piraji Kharat :

Kishor Kharat is a commerce and law graduate.
He is also a certified associate of the Indian Institute of Bankers.
Earlier he had assumed post of executive director of Union Bank of India and before that he had served Bank of Baroda for three decades.
He has wide exposure across various verticals of banking, international business, including credit, information technology and general administration in India as well as overseas.

Two Private Sector professionals to head BoB and Canara Bank.

Union government appointed two private sector banking professionals as MD and CEO of Bank of Baroda (BoB) and Canara Bank.
P S jayakumar appointed as MD and CEO of Bank of Baroda (BoB) and Rakesh Sharma becomes MD and CEO of Canara Bank.
Union Government also appointed MD and CEO of other three PSBs who are serving government officials.

They are

MO Rego: MD and CEO of Bank of India (BoI)
Kishore Kharat Piraji: MD and CEO IDBI Bank
Usha Ananthasubramanian: MD and CEO of Punjab National Bank (PNB).
Union government appointment non-executive chairman for 5 PSUs namely Bank of India, Canara Bank, Bank of Baroda, Indian Bank and Vijaya Bank.

RBI suspends licenses of seven non banking finance companies (NBFCs) on 17 august.

Seven NBFCs whose licences were suspended are – Religare Finance, Artisans Micro Finance, Eden Trade & Commerce, RCS Parivar Finance, Nott Investments, Dewra Stocks & Securities, Swetasree Finance.
Religare Finance licence was suspended by RBI as it did not conducted lending operation for long period of time.
A NBFC is a company registered under the Companies Act, 1956, whose principal business is lending, investments and receiving deposits.
At present there are around 12,000 NBFCs in India.

SBI , country’s largest lender launched ‘Buddy’ mobile wallet app in collaboration with Accenture and Mastercard.

The service can be enjoyed by both existing as well as non-SBI customers.
Finance Minister Arun Jaitley launched the app along with Jayant Sinha, Minister of State for Finance and Hasmukh Adhia, Secretary, Department of Financial Services.

Features :

The mobile wallet app can be used to send money to new and registered customers, book for movies, flights, hotels as well as for shopping.
It also has features like reminders to settle dues, recharge and pay bills instantly.

Smart Vault , a digital locker facility launched by ICICI bank with latest robotic technology.

Chanda Kochhar, MD & CEO of ICICI Bank launched the smart vaulty at the Defence Colony branch of Delhi.
The Smart Vault is based on latest robotic technology to access the lockers from the safe vault and enables customers to conveniently access their lockers at any time of their preference, in the comfort of a secure lounge where the locker automatically comes up to the customer.
Smart Vault locker is equipped with multi-layer security system, including biometric and PIN authentication and debit cards, among others.
Customers can access it without any intervention by the branch staff.

Sachin Tendulkar appointed as Maharashtra’s Tiger Ambassador.

Cricket legend Sachin Tendulkar has been roped as new ambassador for the Tiger Conservation Project of Maharastra Govt.
His association will help state government to raise awareness about saving the tigers in the state.
In this regard Mr. Tendulkar has accepted an offer which was forwarded by state Forest Minister Sudhir Mungantiwar on July 29, 2015 on the eve of World Tiger Day.
State government had forwarded this proposal to Mr. Tendulkar after Tiger Protection Foundation approved a proposal of his appointment along with superstar Amitabh Bachchan as ambassador to promote the Save Tiger campaign in July 2015.

Grama Jyothi Scheme launched by Telangana Govt.

The scheme aims at comprehensive development of rural areas allowing planning and execution of works by villages themselves.
For the successful implementation of the scheme, the state government has decided to invest 25000 crore rupees to empower villages.
The scheme will focus on improving the Human Development Index (HDI) by addressing core issues such as drinking water and sanitation, health and nutrition, education, infrastructure, natural resources management, agriculture, social security and poverty reduction.

Rogers Cups Masters Tournament 2015 (also known as Canada Masters) : Andy murray wins the Rogers Cup Masters Tournament 2015.

He defeated world number one Novak Djokovic of Serbia by 6-4, 4-6, 6-3 score in final match played at montreal.
It was Murray’s overall 11th Masters Title and first victory against the world number 1 since Wimbledon final of 2013.
Women’s single category , 18-year old Belinda Bencic of Switzerland won maiden Canadian Open Masters title.
she defeated world number two Simona Halep by 7-6, 6-7, 3-0 score. It was Belinda’s overall second career title.
Women’s Double title : French-Slovenian team of Caroline Garcia and Katarina Srebotnik. Garcia and Srebotnik won Canadian Open Masters title.
They defeated top seeded American-Czech team of Bethanie Mattek-Sands and Lucie Safarova in final match.