Daily News

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Diplomat Vikram Misri Appointed As Deputy National Security Advisor

China expert and former Indian envoy to Beijing Vikram Misri has been appointed as the Deputy National Security Advisor (NSA) in the National Security Council Secretariat.

Misri, an expert on China’s issue is a 1989 batch IPS officer will succeed Pankaj Saran. He will report to national security adviser Ajit Doval.

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In 2012, he was appointed the private secretary to Prime Minister Manmohan Singh.

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RBI approves re-designation of Rajiv Anand as Axis Bank Deputy MD

The Reserve Bank of India has approved the re-designation of Rajiv Anand as the Deputy Managing Director of Axis Bank.

Anand, joined Axis Bank in May 2013 from its asset management arm, Axis Asset Management Co Ltd, where he was the Managing Director & CEO.

Anand was appointed as a director of the bank in May 2016 and thereafter as the Executive Director (Retail Banking).

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Amitabh Chaudhry, is the Managing Director & Chief Executive Officer of Axis Bank.

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CP Goyal appointed Director-General of Forests & Special Secretary (DGF&SS)

Indian Forest Service officer Chandra Prakash Goyal has been appointed as the Director-General of Forests & Special Secretary (DGF&SS), Ministry of Environment, Forests & Climate Change.

Goyal, a 1986 batch IFS officer was previously the Principal Chief Conservator of Forest under Uttar Pradesh Department of Forest.

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The Reserve Bank of India releases the 2020-21 iteration of its report on 'Trend and Progress of Banking in India'

The consolidated balance sheet of scheduled commercial banks (SCBs) expanded in size in 2020-21 despite the coronavirus pandemic and the resultant economic recession. Nascent signs of recovery are visible in credit growth in the current fiscal so far. Deposits grew by 10.1% at the end of September 2021 as compared with 11.0% a year ago.

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INS Khukri, 1st Of The India Built Missile Corvettes, Decommissioned After 32 Years

INS Khukri, the first of the indigenously built missile corvettes, was decommissioned "after 32 years of glorious service".

The corvette was built by the Mazagaon Dock Shipbuilders on August 23, 1989 and had the distinction of being part of both the Western and Eastern Fleets.

The ship solemn ceremony was held at Visakhapatnam.

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PM Modi launches blockchain-based digital degrees at IIT Kanpur; Also inaugurates completed section of Kanpur Metro Rail Project

Under the National Blockchain Project,Prime Minister was launched blockchain-based digital degrees at the 54th Convocation Ceremony of IIT Kanpur.

Later Prime Minister also inaugurated the completed section of Kanpur Metro Rail Project and the Bina-Panki Multiproduct Pipeline Project.

These digital degrees can be verified globally and are unforgeable.

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IndusInd Bank announces launch of ‘green fixed deposits’

IndusInd Bank has announced the launch of ‘green fixed deposits’, whereby the deposit proceeds will be used to finance projects and firms supporting the UN's Sustainable Development Goals (SDGs).

A green deposit is a fixed-term deposit for investors looking to invest their surplus cash reserves in environmentally friendly projects.

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These deposits will be offered to both retail & corporate customers.

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Axis Bank is second largest in PoS machines

Axis Bank has become the second-largest merchant-acquiring bank in the country, leapfrogging two spaces during 2021 by installing over two lakh card-swipe machines during the year.

This is part of the bank’s ‘Axis One’ strategy where it approaches the customers offering its entire gamut of products instead of a standalone service.

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Bangladesh win SAFF U 19 Women’s Championship

Bangladesh Under-19 Women’s team defeated India by 1-0 to lift the SAFF U-19 Women’s Football Championship in Dhaka.

Shaheda Akter Ripa of Bangladesh scored the maximum number of goals in the tournament.

She was given the ‘most valuable player’ of the game award.

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PM Modi launches Rs 11,000 cr hydropower projects in Himachal Pradesh

Prime Minister Narendra Modi has embarked on a visit to Mandi, also known as 'Chhoti Kashi', and inaugurated and laid the foundation stone of hydropower projects worth Rs 11,000 cr that will help boost the state's economy and provide additional power to the states. He laid the foundation stone of Renukaji Dam project.

It will generate electricity for the Himachal Pradesh.

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The 40 MW project will be built at a cost of around Rs 7,000 cr.

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Karnataka govt partners with National Payments Corporation of India & State Bank of India, for enabling and implementing e-RUPI

The NPCI, SBI and Department of e-Governance, government of Karnataka have partnered for enabling & implementing e-RUPI, a cashless & contactless payment solution for students under the State’s scholarship programme.

e-RUPI will be used to ensure a leak-proof delivery of education fees of eligible students by paying digitally to the college by Karnataka government.

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Centre appoints Atul Kumar Goel as new MD & CEO of Punjab National Bank

The Appointments Committee of the Cabinet (ACC) has approved the appointment of Atul Kumar Goel, MD & CEO of UCO Bank, as MD & CEO of Punjab National Bank (PNB) with effect from February 1 next year.

Goel will serve as PNB chief until December 31, 2024, which is his attaining the superannuation age.

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Goel will replace Mallikarjuna Rao, incumbent MD & CEO of PNB.

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Chalo mobile app and smart card launched for convenient bus travel in Mumbai

Bus travelling gets convenient in Mumbai! From ticket purchasing through e-wallet to live bus tracking, passengers can now enjoy smooth and convenient bus travel with Chalo smart cards and Chalo mobile application.

This mobile app and smart card will facilitate digital, and advance purchase of BEST bus tickets.

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Chalo mobile app will allow passengers to buy bus tickets and passes through e-wallet.

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Vayana Network And Federal Bank Bag The ‘Most Effective Bank-Fintech Partnership’ At IBSi-Global Fintech Innovation Awards 2021

Vayana Network, one of India’s largest trade finance platform, and Federal Bank, a leading Private Sector Bank have been awarded the ‘Most Effective Bank-Fintech Partnership: Agile and Adaptable’ at the IBSi-Global Fintech Innovation Awards 2021.

The award was conferred for automating and simplifying Supply Chain Finance.

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