RV Verma, former Chairman & Managing Director of National Housing Bank has been appointed as Non-Executive Chairman of AU Small Finance Bank. Reserve Bank of India (RBI) has approved his appointment for a period of one year
AU Small Finance Bank HQ: Jaipur
12 April 1961 was the date of the first human space flight, carried out by Yuri Gagarin, a Soviet citizen. UN Assembly declared 12 April as the International Day of Human Space Flight to celebrate each year the beginning of the space era for mankind
1957: First human-made Earth satellite Sputnik I was launched
More than 30 crore poor people have received Rs 28,256 cr financial assistance under Pradhan Mantri Garib Kalyan Yojana announced by Finance Minister Nirmala Sitharaman last month to protect them from the impact of lockdown
Rs 13,855 cr disbursed as payment of 1st instalment of PM-KISAN
LIC announced an extension of 30 days for payment of premium due in March and April 2020 to mitigate the hardships being faced by policyholder. The relaxation is allowed up to April 15 for February premiums, where grace period was expiring after March 22
LIC is a 100% Govt owned Subsidiary
EPFO has settled 1.37 lakh provident fund withdrawal claims worth Rs 280 crore was disbursed under a new provision especially formulated by amending the EPF Scheme to help subscribers fight COVID-19.
EPFO works under Ministry of Labour & Employment
E-commerce firm Flipkart and Tata Consumer Products Ltd have partnered to enable access to essential food and beverage products to Indians through a system where the latter’s distributors will list as marketplace sellers on the former’s platform
The partnership is already operational in Bengaluru
Finance Ministry has extended the deadline for mandatory minimum deposit in Public Provident Fund (PPF) and Sukanya Samriddhi Account (SSA) for 2019-20 by three months up to June 30
Small Savings schemes are provided under India Post
7 consultancy firms – Bain & Co, EY, PwC, BCG, KPMG, Primus Partners and Mirae Asset Management – have joined hand with Invest India to chalk out an economic revival strategy for India after the pandemic comes to an end
Invest India is a Joint Venture of Indian chambers of commerce
TRIFED under Ministry of Tribal Affairs, has asked the State Nodal Departments & Implementing Agencies to initiate procurement of Minor Forest Produces (MFPs) at Minimum Support Price (MSP) from the available funds under MSP for MFP Scheme
TRIFED: Tribal Co-op Marketing Development Federation
South Asian region, comprising 8 countries, is likely to show economic growth of 1.5% to 2.8% this year, the World Bank said in its South Asia Economic Focus report, well down from the 6.3% it projected 6 months ago.
India's economy is expected to grow 1.5% to 2.8%
Justice V Kanagaraj, a retired judge of the Madras High Court, assumed charge as the State Election Commissioner of Andhra Pradesh with the promulgation of an Ordinance amending Section 200 of the AP Panchayat Raj Act, 1994
AP Governor: Biswabhusan Harichandan
Former Gujarat cricketer, Walter D'Souza passed away at the age of 93. He was one of India's oldest living first-class cricketers, who featured in 16 fixtures for state. D’Souza’s first-class career lasted for nearly 2 decades from 1947-1948 to 1965-1966.
Saurashtra lifted 2019-20 edition of Ranji Trophy.
The Board of Tata Capital Financial Services (TCFSL), subsidiary of Tata Capital Limited, announced the elevation of Sarosh Amaria to the Managing Director. Sarosh Amaria is currently the Chief Operating Officer of the Commercial & SME Finance Division.
Amaria joined TCFSL as a founding member in 2007.
The Supreme Court extended by three months the tenure of Telecom Disputes Settlement Appellate Tribunal (TDSAT) chairperson Justice Shiva Kirti Singh. He was due to retire on April 20. The last appointment to the tribunal was made in April 2017.
Bench was led by Chief Justice SA Bobde.
India football team retained its 108th spot in the latest FIFA rankings.Belgium & France retained their first & second positions respectively in the latest rankings.Brazil is on the 3rd place followed by England.South Sudan move into joint-168th position.
The Federation Internationale de Football Association (FIFA).