The central government has infused a total of ₹5,000 crore in three public sector general insurance companies namely Oriental Insurance Company Limited (OICL), National Insurance Co. Ltd. (NICL) and United India Insurance Co. Ltd. (UICL). The individual capital infusion in Read more
In the Union Budget 2022-23, the government of India announced the setting up of 75 Digital Banking Units (DBUs) in 75 districts to commemorate the 75 years of independence of our country (Azadi ka Amrit Mahotsav). To achieve this objective, Read more
RBI set WMA Limit for Government of India for the first half of the Financial Year 2022-23 at Rs 1,50,000 crore The Reserve Bank of India has set the limit for Ways and Means Advances (WMA) for Central Govenment for Read more
RBI Governor dedicates Varnika Ink Manufacturing Unit of BRBNMPL to the Nation Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) has set up an Ink Manufacturing Unit named “Varnika” in Mysuru, with an annual ink manufacturing capacity of 1,500 MT Read more
Shaktikanta Das lays Foundation Stone of Learning and Development Centre (LDC) of BRBNMPL in Mysuru Shri Shaktikanta Das (Governor of Reserve Bank of India (RBI)) has laid the foundation stone for the establishment of a Learning and Development Centre (LDC) Read more
PV Sindhu wins Swiss Open Badminton title 2022 P.V. Sindhu has defeated Busanan Ongbamrungphan of Thailand to win the women’s singles title at the Swiss Open Super 300 badminton tournament. In the men’s singles title of Swiss Open Super 300 Read more
Shaktikanta Das inaugurates Reserve Bank Innovation Hub in Bengaluru Shri Shaktikanta Das, Governor of RBI has inaugurated the Reserve Bank Innovation Hub (RBIH) on March 24, 2022 in Bengaluru, Karnataka RBI has set up the RBIH with an initial capital Read more
First wildlife bond issued by World Bank to save Africa’s black rhino- Worth- $150 million The World Bank (International Bank for Reconstruction and Development, IBRD) has issued the Wildlife Conservation Bond (WCB) to support of South Africa’s efforts to conserve Read more
Stephen Wilhite, creator of the GIF, passes away at 74 Stephen Wilhite, the creator of the Graphics Interchange Format (GIF) format passed away at the age of 74 years due to Covid-19 related issues. Wilhite devised the Graphics Interchange Format, Read more
Hisashi Takeuchi appointed as MD and CEO of Maruti Suzuki Hisashi Takeuchi (from Japan) has been appointed as the Managing Director and Chief Executive Officer of Maruti Suzuki for a period of three years with effect from April 1, 2022. Read more