Daily Current GK Update
22 January, 2019
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- RBI approves appointment of V Vaidyanathan as MD, CEO of IDFC First Bank
The Reserve Bank of India has approved the appointment of V Vaidyanathan as MD and CEO of IDFC First Bank for a period of three years. In December 2018, IDFC Bank and non-banking financial company Capital First completed their merger, creating a combined loan asset book of Rs 1.03 lakh crore for the merged entity IDFC First Bank. Following the merger, the board of IDFC First Bank approved the appointment of Vaidyanathan as MD and CEO of the new entity.
Source: – The Economic Times
- 2-Day Agri vision 2019 conference concludes in Hyderabad
The 2-day Agri Vision 2019 Conference on envisioning Agro solutions for Smart and Sustainable Agriculture was held in Hyderabad. It was inaugurated by Vice President M Venkaiah Naidu.
The conference was jointly organized by Professor Jayashankar Telangana State Agricultural University (PJTSAU), Confederation of Indian Industry (cII) and Cornell University, USA.
Source: – The United News of India
- India and JICA Sign Loan Agreements on Loan to India
India and Japan-India Cooperative Actions (JICA) signed the loan agreements under the Japanese Official Development Assistance Loan Program. The Loan Agreements were signed by Dr. C.S. Mohapatra, Additional Secretary, Department of Economic Affairs, Union Ministry of Finance, and Katsuo Matsumoto, Chief Representative, JICA in New Delhi.
The agreements under the Japanese Official Development Assistance Loan were signed for two projects. These are:
(a) Project for the Construction of Chennai Peripheral Ring Road (Phase 1) for Japanese Yen 40.074 billion (around Rs 2470 Crore), and
(b) Program for Japan-India Cooperative Actions towards Sustainable Development Goals in India for Japanese Yen 15.000 billion (around Rs 950 Crore).
- Nepal’s central bank announces ban of Indian notes above Rs 100
Nepal’s central bank has banned the use of Indian currency notes of Rs 2,000, Rs 500 and Rs 200 denominations, a move that could affect Indian tourists visiting the Himalayan nation where Indian currency is widely used. Nepal Rastra Bank issued a circular prohibiting Nepali travellers, banks and financial institutions from holding or carrying and trading Indian bank notes higher than Rs 100.
Under the new regulation, Nepali citizens cannot carry these denominations to countries other than India. Similarly, Nepalis are also not allowed to bring such notes from other countries. Indian notes of Rs 100 or below, however, are allowed for trading and conversion.
Source: – The Livemint
- Swedish Prime Minister Stefan Lofven reelected for 2nd term
The Swedish Parliament approved Stefan Lofven as Prime Minister for a second fouryear term. A total of 115 MPs voted yes, 153 voted no and 77 abstained. To be elected, Lofven did not need to secure a majority of the vote. As long as fewer than 175 of the 349-member parliament voted against him, he would be elected.
Source: – Euronews
- MP Anurag Thakur honoured with Sansad Ratna Award
Himachal Pradesh MP Anurag Thakur has been bestowed with Sansad Ratna Award for his distinguished performance as a parliamentarian under Jury Committee Special Award category.
Thakur became the first BJP MP to receive the Jury Committee award. 12 parliamentarians were honored with the Sansad Ratna award, which was set up in 2010 on the suggestion of ex-President APJ Abdul Kalam.
Source: – DD News