The Reserve Bank removed UCO Bank from its Prompt Corrective Action Framework (PCAF) following improvement in various parameters and a written commitment that the state-owned lender will comply with the minimum capital norms.
This bank has been in the PCA list since May 2017 &had been barred from increasing risk-weighted assets due to high NPA ratios.
UCO Headquarters: Kolkata;
CEO: Atul Kumar Goel
The Nepal government has appointed Prabhu Ram Sharma as Chief of the Army Staff. This comes after the cabinet raised the name of Sharma as the most eligible person to hold the topmost rank in the Nepal Army.
The new Army Chief, Prabhu Ram Sharma, is an alumnus of the National Defense College in India and hails from Kathmandu.
Nepal President:- Bidhya Devi Bhandari; PM:-
Sher Bahadur Deuba
BCCI announced that the former India captain MS Dhoni will mentor the team for the tournament, which will be played in UAE and Oman in October and November.
He announced his retirement from international limited-overs cricket on August 15, 2020.
He had last played for India in the 2019 ICC World Cup semi-final against New Zealand.
Noted writer and former secretary of Jammu and Kashmir Academy of Art, Culture and Languages Aziz Hajini breathed his last following a brief illness. He held the designation of secretary of the Jammu and Kashmir Academy of Art, Culture and Languages.
A new government has been announced in Lebanon over a year after the previous administration quit following the devastating Beirut port explosion. Najib Mikati - Lebanon's richest man - becomes Prime Minister, a position he has held twice before. His appointment, along with the naming of a new cabinet, ends months of political paralysis.
Lebanon Capital: Beirut: Currency:-Lebanese pound
Salil Kumar has been given the additional charge as CMD of the state-owned consultancy company MECON for an initial period of three months, according to an official notification.
The decision has been taken after the acting MECON Chairman and Managing Director (CMD) Atul Bhatt was appointed as the CMD of the Rashtriya Ispat Nigam Limited (RINL).
Former Union Minister Vijay Goel took charge as Vice Chairman of Gandhi Smriti and Darshan Samiti at a function in Gandhi Smriti,New Delhi, the site of the Martyrdom of Mahatma Gandhi, the Father of the Nation.
He emphasised the need to take the message of Mahatma Gandhi’s life throughout the country and to every household.
Gandhian vision projects:- ‘swachhata’, ‘digital India’, ‘construction of toilets’.
Rising British sensation Emma Raducanu beat Leylah Fernandez of Canada to win Women’s Singles title at US Open Tennis. The 18-year-old Emma Raducanu defeated her Canadian opponent in straight sets 6-4, 6-3 in the summit clash held at the Arthur Ashe Stadium in New York. She has become the first British woman to win the title in 53 years.
Raducanu has also become the first British woman in 44 years to win a Grand Slam singles
Daniil Medvedev of Russia lifted his first Grand Slam trophy after beating Novak Djokovic 6-4, 6-4, 6-4 in the US Open men’s singles final at the Arthur Ashe Stadium in New York.
The second seed Medvedev ended Djokovic’s bid for a calendar slam and a 21st major by dominating from start to finish. Medvedev capped off a stellar US Open outing with a memorable win.
Prime Minister Narendra Modi has inaugurated the state of art Sardardham Bhavan at Ahmedabad in Gujarat. PM Modi has also laid the foundation stone of Sardardham Phase-II Kanya Chhatralay on this occasion.
The Sardardham has been constructed at the cost of 200 crore rupees. Sardardham Bhavan at Vaishnodevi circle in Ahmedabad has been developed by Patidar Samaj.
Union Minister for Civil Aviation Jyotiraditya Scindia has launched the Medicines from the Sky project to send medicines to Primary Health Care Centres using drones.
The project was launched at Vikarabad in Telangana.
Drones carry a payload of vaccines and other medicines to Public Health Centers under the project.
The first sortie was carried out by a drone built by SkyAir Mobility.
King Mohammed VI of Morocco has appointed Aziz Akhannouch of the liberal National Rally of Independents (RNI) party as Prime Minister and asked him to form a government.
Mr Aziz Akhannouch is a billionaire seen as close to the monarchy. Elected politicians in Morocco have only limited powers, as key decisions remain in the hands of the monarch.
Moroco Capital: Rabat; Currency:- Dirham
In Jammu and Kashmir, Lieutenant Governor Manoj Sinha felicitated Young achievers with the ‘Kashmir Young Leadership Award’ during the Kashmir Leadership Summit in Srinagar.
Young achievers received the award for their outstanding work in different fields and lauded their contribution for bringing positive changes in society.
Ghatlodia BJP MLA Bhupendra Patel will be sworn-in as the new Chief Minister of Gujarat. State governor Acharya Devvrat administered the oath of office and secrecy at Raj Bhavan in Gandhinagar.
59-year-old first-time MLA, Patel was unanimously elected leader of BJP Legislature Party.
This came after the resignation of Vijay Rupani as Chief Minister of Gujarat.
RBI had received 27 applications from 26 entities, of which, only eight have been selected.
The eight entities are as follows -
1. Book My Forex Private Limited
2. Cashfree Payments India
3. Fariex Solutions
4. Flyremit Private Limited
5. Nearby Technologies Private Limited
6. Open Financial Technologies
7. SoCash India Private Limited
8. Wall Street Finance Limited