United Bank of India & Srei Equipment Finance have entered into an agreement for financing the MSME and agriculture sectors. UBI would leverage its low-cost loans with Srei to enable the purchase of equipment and vehicles in a seamless manner.
Ashok Kumar Pradhan - MD and CEO of United Bank of India.
Nepal Rastra Bank has asked the Reserve Bank of India to declare newly circulated Indian currency notes of denominations higher than Rs 100 legal tender in the country under the Foreign Exchange Management Act.
RBI has only provided exchange facilities for bills of ₹ 100.
Govt has notified a High-Level Committee headed by MP Bezbarauah for execution of Clause 6 of Assam Accord. Appropriate safeguards should be provided to protect, preserve & promote the cultural, social, linguistic identity & heritage of the people of Assam
Jagdish Mukhi is the governor of Assam.
DRDO has developed a mobile facility to help provide immediate relief for nuclear incidents. A whole-body radiation counter, storage system for restraint of radioactive waste & provision for preliminary refinement of the affected areas are included in the
Director General of DRDO (Life Science) – Dr. A K Singh.
The nine-day long international kite festival kicked off at Sabarmati River Front in Ahmedabad, Gujarat. The festival is also planned at Vadodara, Kevadiya, Dwaraka, Surat, Rajkot, Jetpur, Songadh, Saputara and Dhordo in the coming days.
Vijay Rupani is the Chief Minister of Gujarat.
PM of Norway Erna Solberg has arrived in New Delhi on a 3-day visit to India. The visit will provide an opportunity to review the progress in cooperation b/w 2 countries & discuss ways to expand the multifaceted partnership in areas of common interest.
Norway: Capital – Oslo, Currency – Krone.
Andhra Pradesh Water Resources Minister Devineni Umamaheswar Rao has received the 'Central Board of Irrigation and Power Award' for better planning and construction of Polavaram Irrigation Project in the state.
Polavaram irrigation project is on river Godavari.
Bandhan Bank is set to acquire mortgage lender Gruh Finance via a share swap, which aimed at cutting the bank’s promoter holding & expanding its housing finance portfolio. The swap is based on a 6-month weighted average price of the shares of the 2 companies
Chandra Shekhar Ghosh is the founder of Bandhan Bank.
Malaysia’s King Muhammad V resigned which is the first time a monarch has stepped down from the throne before completing their five-year tenure. Malaysia has nine royal households, who typically take turns to sit on the throne.
Mahathir Bin Mohamad is the Prime Minister of Malaysia.
Harold Brown has died at age 91. He was a nuclear physicist who led the Pentagon to modernize its defence systems with weapons that included precision-guided cruise missiles, stealth aircraft, advanced satellite surveillance & improved communications.
Carter awarded Brown the Presidential Medal of Freedom.