Rajasthan: AU SFB- NABARD to boost rural development projects

Private sector AU Small Finance Bank (SFB) signed a pact with the National Bank for Rural and Development (NABARD) on September 29, 2021 in a bid to boost ongoing rural development initiatives in the state of Rajasthan. Highlights A Memorandum of Understanding (MoU) was signed in the presence of NABARD Chairman and Managing Director of ..

Month: Current Affairs - September, 2021

Category: States Current Affairs

Topics: AU SFB • AU Small Finance Bank Limited • Ministry of Finance • NABARD

IOB out of RBI PCA Framework

Reserve Bank of India (RBI) has moved out the public sector lender Indian Overseas Bank (IOB) from Prompt Corrective Action (PCA) framework after its financial and credit profile improved. Key Points This decision provides lender more freedom to lend, especially to corporations and grow the network. IOB was placed under PCA in October 2015 because of high Net-Performing ..

Month: Current Affairs - September, 2021

Category: Economy & Banking Current Affairs

Topics: Indian Overseas Bank (IOB) • Ministry of Finance • Non-performing Asset • PCA Regime • Prompt Corrective Action • Reserve Bank of India (RBI) • UCO Bank

Facebook launches Creator education programme in India

Facebook launched the largest “creator education and enablement programme” in India on September 30, 2021. Key Points This programme will provide an opportunity to content creators, on its platform and Instagram, to learn, earn and grow their communities. While addressing the 2021 edition of ‘Creator Day India’, Instagram Head Adam Mosseri noted that India is ..

Month: Current Affairs - September, 2021

Category: Science & Technology Current Affairs

Topics: Born on Instagram programme • creator education and enablement programme • Facebook • Instagram • Reel Feature of Instagram

Poetry festival to be celebrated on October 2

Sahitya Akademi is going to organise an all-India poetry festival on October 2, 2021. Key Points Poetry Festival will be organised at Jain College auditorium to mark Azadi Ka Amrit Mahotsav and Mahatma Gandhi Jayanti. Event will also feature a Sahitya Akademi book exhibition. Sahitya Akademi It is National Academy of Letters in India. This ..

Month: Current Affairs - September, 2021

Category: Art & Culture Current Affairs • Events Current Affairs

Topics: Azadi ka Amrut Mahotsav • Poetry Festival • Sahitya Akademi • Sahitya Akademi Award

NASA’s Lucy Mission- Key Facts

American Space Agency, NASA, is set to send its first spacecraft to study Jupiter’s Trojan asteroids. Key Points Spacecraft will be launched from “Cape Canaveral Space Force Station, Florida” on October 16, 2021. This spacecraft would obtain new insights into the formation of solar system 4.5 billion years ago. The spacecraft has been named as ..

Month: Current Affairs - September, 2021

Category: International Current Affairs • Science & Technology Current Affairs

Topics: Asteroid • Asteroid Belt • Jupiter • Mission Lucy • NASA (United States) • Trojans