RBI imposes penalties on Godrej Housing, HUDCO, and Aadhar Housing Finance [Current Affairs]

RBI imposes penalties on Godrej Housing, HUDCO, and Aadhar Housing Finance [Current Affairs]

The Reserve Bank of India (RBI) has levied penalties on three Non-Banking Financial Companies (NBFCs) for failing to comply with its directives on housing finance companies. The penalties are as follows: Godrej Housing Finance Limited and Aadhar Housing Finance Limited were each fined Rs 5 lakh, while Housing and Urban Development Corporation Limited (HUDCO) faced…

RBL Bank Teams Up with IndianOil for New Credit Card [Current Affairs]

Private sector lender RBL Bank has launched a new credit card in collaboration with Indian Oil Corporation, named ‘Xtra Credit Card,‘ as part of its strategy to moderately grow its credit card portfolio and enhance customer engagement. The move comes amid scrutiny from the RBI over the rapid growth of the riskier unsecured credit segment….

India and UAE Sign Landmark Civil Nuclear Energy Agreement [Current Affairs]

India and the UAE have signed a significant Memorandum of Understanding (MoU) for civil nuclear cooperation during Sheikh Khalid bin Mohamed bin Zayed Al Nahyan’s visit to New Delhi. The deal, involving the Nuclear Power Corporation of India Limited (NPCIL) and the Emirates Nuclear Energy Company (ENEC), marks a historic step in bilateral relations and…

India’s Cities Recognized for Air Quality Improvements: Swachh Vayu Survekshan 2024 [Current Affairs]

In a significant recognition of efforts to combat air pollution, the Union Environment Ministry has presented the “National Clean Air City” Awards during the Swachh Vayu Survekshan 2024. This event, held as part of a national workshop celebrating the “International Day of Clean Air for Blue Skies” in Jaipur on Saturday, showcased the remarkable strides…

India-USA Joint Military Exercise YUDH ABHYAS-2024 [Current Affairs]

The 20th edition of the India-USA Joint Military Exercise, YUDH ABHYAS-2024, commenced on September 9, 2024, at the Foreign Training Node in Mahajan Field Firing Ranges, Rajasthan. This annual exercise, alternating between India and the USA since 2004, is set to run until September 22, 2024, showcasing a remarkable increase in scale and sophistication compared…

US Open 2024, Complete list of Winners [Current Affairs]

The 2024 US Open, held from August 19 to September 8 at Flushing Meadows, Queens, New York City, concluded with groundbreaking victories in both the men’s and women’s singles categories. Jannik Sinner of Italy and Aryna Sabalenka of Belarus emerged as champions, each claiming their first US Open title and adding to their growing list…

First Indian Male to win a gold medal at the Olympic, Know His Name [Current Affairs]

Abhinav Bindra is a celebrated Indian sport shooter who has made significant contributions both on and off the field. His achievements include Olympic glory, numerous international medals, and impactful work in sports science and policy. Early Life and Education of Abhinav Bindra Abhinav Bindra was born on September 28, 1982, in Dehradun, Uttarakhand, into a…

Vinay Goyal Appointed as State Mission Director of NHM [Current Affairs]

Dr. Vinay Goyal has officially assumed the role of State Mission Director for the National Health Mission (NHM). He succeeds K. Jeevan Babu, who has moved to the Kerala Water Authority as Managing Director. Dr. Goyal, an IAS officer of the 2016 batch, also takes charge as Director of the Kerala State IT Mission and…

Union Home Minister Amit Shah Honors Mumbai Samachar’s Legacy with ‘200 Not Out’ Documentary Release [Current Affairs]

Union Home Minister and Minister of Cooperation, Shri Amit Shah, presided over a significant event in Mumbai, Maharashtra, marking the release of the ‘200 Not Out‘ documentary chronicling the illustrious journey of Mumbai Samachar, Asia’s oldest newspaper. The ceremony, attended by dignitaries including Maharashtra Chief Minister Shri Eknath Shinde, highlighted the newspaper’s enduring legacy and…

SBI Foundation Launches 3rd Edition of Asha Scholarship Program [Current Affairs]

The State Bank of India (SBI) Foundation has unveiled the third edition of its flagship initiative, the SBI Asha Scholarship Programme. This ambitious program aims to support 10,000 talented students from underprivileged backgrounds across India, offering substantial financial assistance to help them pursue their educational dreams. Program Overview Scope and Objectives The SBI Asha Scholarship…