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Bob in News 2023
Bob in News 2023
▪ Bank of Baroda (BoB) has enabled the UPI ATM facility at over 6,000 ATMs across the country.
▪ Debadatta Chand has assumed charge as the managing director and chief executive officer of Bank
of
Baroda (BoB).
▪ BoB introduces the BoB LITE Savings Account, offering customers the flexibility of a lifetime no
▪ Bank of Baroda, a public sector bank, has announced its partnership with National E-Governance
Services Limited (NeSL), a government-backed information utility appointed by the Insolvency and
Bankruptcy Board of India, to launch the Electronic Bank Guarantee (BG) system.
▪ Bank of Baroda, a prominent public lender, has recently launched the Interoperable Cardless Cash
Withdrawal (ICCW) facility for its customers. This innovative service allows customers to withdraw
money from ATMs using the United Payment Interface (UPI), eliminating the need for a physical card.
▪ Founded : 1908
▪ This ‘Bharat Drone Shakti 2023’ event will help the country to achieve its commitment of becoming
a
▪ Vaccine manufacturer Indian Immunologicals Limited (IIL) expects to commercially launch its
dengue
▪ Group Chief Economic Advisor at the State Bank of India (SBI), Soumya Kanti Ghoshon has
reiterated
▪ According to the report of Goldman Sachs Research, by the year 2075, India will become the
second
largest economy in the world after China leaving behind not only Japan and Germany but also
America.
▪ The government announced a plan to add 250 GW of renewable energy capacity in the next five
years
▪ India has set targets for half of its installed electricity capacity to be from non-fossil fuel sources by
2030
▪ 2023 foreign trade policy has the vision to take India’s goods and services exports to $2 trillion by
2030.
▪ India sets target to become ‘Global Hub for Green Ship’ building by 2030
▪ India has set a target to replace the use of diesel by renewable energy in the agriculture sector by
2024.
▪ Reserve Bank of India’s 2023 monetary policy objective is to hold inflation within the mandated
tolerance
▪ Reserve Bank of India (RBI) has launched a centralized web portal to help citizens search for their
▪ Reserve Bank of India (RBI) has approved the re-appointment of Sandeep Bakshi as ICICI Bank's MD
and CEO from October 4, 2023, to October 3, 2026.
▪ Reserve Bank of India (RBI) has swiftly increased the offline payment transaction upper limit from
₹200
▪ The revised Directions shall apply to all commercial banks (excluding Regional Rural Banks) from the
▪ Reserve Bank of India (RBI) has issued guidelines for banks, non-banking financial companies
(NBFCs)
and other regulated entities to address the issues faced by the borrowers and towards promoting.
▪ The Regulated Entities (REs) shall release all the original movable / immovable property documents
and
remove charges registered with any registry within a period of 30 days after full repayment/
settlement
of the loan account. In case where the delay is attributable to the RE, it shall compensate the
borrower
▪ ICICI Bank has successfully secured approval from the Reserve Bank of India (RBI) to establish I-
Process
▪ Bank for International Settlements (BIS) and the Reserve Bank of India (RBI) have recently unveiled
the
winners of the G20 TechSprint 2023 challenge in a prestigious award ceremony held in Mumbai.
▪ Reserve Bank of India (RBI) has announced a significant expansion of the Unified Payments
Interface
(UPI) System, allowing users to transact with pre-sanctioned credit lines issued by banks.
▪ The UPI System was primarily used for transactions involving deposited amounts. However, as of
April
6, 2023, the RBI has proposed an expansion of the UPI System to include pre-sanctioned credit lines.
▪ In July 2023, India witnessed a significant surge in bank credit outstanding to the real estate sector,
reaching an all-time high of Rs 28 trillion, as per data released by the Reserve Bank of India (RBI).
▪ This impressive growth was driven by both housing and commercial real estate segments, with
annual
▪ Reserve Bank of India (RBI) has greenlit the merger of Twin Cities Co-operative Urban Bank with
Kranti
▪ Reserve Bank of India (RBI) Introduces Reforms for Transparent Home Loan Equated Monthly
Installments (EMIs).
▪ Reserve Bank of India (RBI) Governor, Shaktikanta Das, launched a financial inclusion dashboard
named ‘Antardrishti‘.
▪ Swaminathan Janakiraman has been appointed as the new Deputy Governor of the Reserve Bank of
▪ Karnataka), to operate solely as a Non-Banking Financial Company (NBFC), effectively revoking its
banking
▪ RBI floating rate bonds interest rate hiked to 8.05% from July 1, 2023.
▪ The minimum investment starts at Rs 1,000 with no limit on the maximum amount.
▪ RBI injects Rs 75,000 crore into the banking system as liquidity tightens due to tax outflows.
▪ RBI Includes S.Korea’s ‘NongHyup Bank’ in the list of Scheduled Banks under Schedule II of RBI Act,
1934.
▪ As per the Reserve Bank of India's (RBI) report on Currency and Finance (RCF) for the year 2022-23,
India would require at least 2.5% of GDP annually until 2030 for green financing.
▪ RBI Mandates Complete Information for Money Transfers to Curb Money Laundering and Terrorism
Financing.
▪ The Reserve Bank of India (RBI) has levied penalties of Rs 44 lakhs on four cooperative banks for
▪ Reserve Bank of India (RBI) announced that Neeraj Nigam has been appointed as the new executive
director (ED).
▪ India and Tanzania have received approval from the Reserve Bank of India (RBI) to utilize their
▪ Governor of the RBI, Shaktikanta Das, initiated the establishment of a "Greenfield Data Centre" and
an
▪ RBI’s Digital Payments Index Jumps to 377.46 in September from 349.30 in March.
▪ Reserve Bank of India (RBI) has approved the transfer of Rs 87,416 crore surplus to the government
for
▪ Reserve Bank of India (RBI) has decided to withdraw Rs 2,000 denomination banknotes from
circulation
▪ The ₹2000 denomination banknote was introduced in November 2016 under Section 24(1) of RBI
Act,
1934.
▪ RBI has taken significant actions in the financial sector, canceling the certificate of registration of 7
▪ RBI has announced its participation in the Global Financial Innovation Network (GFIN)
greenwashing
techsprint.
▪ HSBC Bank has been fined Rs 1.73 crore by the Reserve Bank of India (RBI) for violating the Credit
▪ Reserve Bank of India (RBI) and the Bank for International Settlements (BIS) launched the G20
▪ CRR : 4.50%
▪ SLR : 18.00%.
▪ RBI and Central Bank of UAE signed a Memorandum of Understanding (MoU) to promote
innovation
▪ Reserve Bank of India (RBI) has granted an ‘Infrastructure Finance Company (IFC)’ status to Indian
▪ Reserve Bank of India has imposed a penalty of Rs 3.06 crore on Amazon Pay (India) Private Limited
for non-compliance of certain directions related to Prepaid Payment Instruments and Know Your
Customer.
▪ Eligible depositors of all five co-operative banks will receive deposit insurance claim amount of up
to ₹5
▪ Reserve Bank of India on 6 January said that maiden Sovereign Green Bonds (SGrBs) would be
issued
▪ Sovereign green bonds worth Rs 8000 crore will be issued on January 25, 2023. In this, green bonds
worth
Rs 4000 crore will be issued for 5 years and sovereign green bonds worth Rs 4000 crore will be issued
for
10 years.
▪ Reserve Bank of India (RBI) has retained SBI, ICICI bank and HDFC bank in the list of Domestically
▪ RBI started disclosing the name of the bank in the D-SIB list from 2015 and SBI was included in the
list.
▪ ICICI Bank was included in 2016 and HDFC bank was included in 2017.
▪ Reserve Bank of India (RBI) has recently initiated the ‘100 Days 100 Pays’ campaign, aimed at
tracing
and settling the top 100 unclaimed deposits of every bank in every district within a span of 100 days.
▪ RBI Annual Report 2022-23: General Government Deficit and Debt Moderate to 9.4% and 86.5% of
GDP, Respectively.
▪ RBI Imposes Rs 84.50 Lakh Penalty on Central Bank of India for Non-Compliance with Fraud
Reporting
Norms.
▪ Reserve Bank of India (RBI) has granted approval for the voluntary Scheme of Amalgamation of
Maratha
▪ Reserve Bank of India (RBI) has instructed financial institutions and banks to adopt an Alternative
Reference Rate, primarily the Secured Overnight Financing Rate (SOFR), and end their reliance on the
scandal-shrouded London Interbank Offered Rate (LIBOR) and Mumbai Interbank Forward Outright
▪ Reserve Bank of India (RBI) imposed a monetary penalty of Rs 1.73 crore on the Hongkong and
Shanghai
Banking Corporation Ltd (HSBC Bank) for violating the Credit Information Companies Rules, 2006.
▪ Reserve Bank of India (RBI) has increased its gold reserves by 4.5% to 794.64 metric tonnes in the
fiscal
▪ HQ : Mumbai, Maharashtra
2. Michael D Patra
3. M Rajeshwar Rao
4. Swaminathan Janakiraman
▪ FIVE SUBSIDIARIES OF RBI :
▪ HDFC Bank Launches India's First Co-Branded Hotel Credit Card named 'Marriott Bonvoy HDFC
▪ HDFC Bank's Sashidhar Jagdishan is highest paid bank CEO in FY23 with Rs 10.55 crore pay.
▪ HDFC Bank overtakes SBI in CRISIL’s corporate banking ranking for 2023.
▪ Food delivery platform Swiggy has joined hands with HDFC Bank to launch a co-branded credit card.
▪ HDFC Bank, India’s largest private lender, has achieved a significant milestone by entering the $100
▪ According to Bloomberg, with a valuation of $172 billion, the merger will place HDFC in the fourth
position in equity market capitalisation behind JP Morgan Chase & Co., Industrial and Commercial
▪ Deepak Parekh has announced his decision to step down as HDFC chairperson after serving as the
▪ HDFC Bank introduced a new credit card named ‘Millennia Credit card’ which offers cashback over
ecommerce platforms and multiple benefits.
▪ SEBI has granted approval for a change in control of HDFC Asset Management Company (HDFC
AMC) due to the amalgamation of HDFC Ltd and HDFC Bank Ltd.
▪ As part of the amalgamation, existing shareholders of HDFC Ltd will hold a 41% stake in HDFC Bank.
▪ HDFC Bank has launched a retail banking initiative called ‘Vishesh‘ aimed at customers in semi-
urban
▪ SEBI has granted approval for a change in control of HDFC Asset Management Company (HDFC
AMC) due to the amalgamation of HDFC Ltd and HDFC Bank Ltd.
▪ HDFC Bank has signed a “Master Inter Bank Credit Agreement” with Export-Import Bank of Korea
for
▪ HDFC Bank recommends re-appointment of Sashidhar Jagdishan MD, CEO for 3 yrs.
▪ HDFC Bank, IRCTC launch India’s most rewarding co-branded travel credit card.
▪ HDFC Bank, Lulu Exchange ink deal to enhance cross-border payments between India-Gulf region.
▪ Reserve Bank of India said SBI, ICICI Bank, HDFC Bank remain domestic systemically important
banks
(D-SIBs). .
▪ HDFC BANK
▪ Founded : 1994
▪ HQ : Mumbai, Maharashtra
▪ SEBI Introduces Framework for Corporate Debt Market Development Fund (CDMDF).
▪ SEBI proposed that asset management companies set up surveillance and internal control systems
for the
deterrence of possible market abuse and fraudulent transactions.
▪ SEBI plans to set up a Research Analyst Administration and Supervisory Body (RAASB) to administer
▪ SEBI has introduced a regulatory framework for online investment platforms that facilitate
investments
▪ SEBI Introduced Risk disclosure Framework for Trading by Individual Traders in Equity F&O Segment.
▪ SEBI introduced the Legal Entity Identifier (LEI) system for issuers of non-convertible securities,
▪ NDTV appoints former SEBI Chairman UK Sinha and business leader Dipali Goenka as Independent
Directors.
▪ Sebi introduces Application Supported by Blocked Amount (ASBA) -like facility for secondary market
trading in India.
▪ NSE gets the final SEBI approval to launch Social Stock Exchange.
Swaps(CDS) market as protection buyers and sellers in a bid to facilitate the deepening of the
domestic
▪ It is the regulatory body for securities and commodity markets in India established in 1988.
▪ Its main objectives are to protect the interests of investors in securities and promote the
development of
the securities market in India by regulating intermediaries, ensuring transparency and accountability
of
▪ It is owned by the Ministry of Finance, Government of India, but functions as an autonomous body
with
▪ It has the power to issue guidelines, rules and regulations, investigate and punish fraudulent
business
practices.
▪ It is the regulator of the Capital market and Commodities market in India.
▪ Madhabi Puri Buch is the current and 10th Chairperson of the SEBI.
▪ Headquarters : Mumbai
▪ SatPal Bhanu has been appointed as the Managing Director (MD) of Life Insurance Corporation of
India
(LIC).
▪ LIC Acquires 6.7% Stake In Jio Financial Services Via RIL De-Merger Action.
▪ LIC Raises Stake in Tech Mahindra to 8.88% Through Open Market Transactions.
▪ Tablesh Pandey and M. Jagannath have been appointed as the managing directors of the Life
Insurance
Company (LIC).
▪ Life Insurance Corporation of India (LIC) has launched LIC Jeevan Azad Plan.
▪ The minimum basic sum assured under LIC Jeevan Azad Plan is Rs 2 lakh and the maximum basic
sum
▪ Founded : 1956
▪ Headquarters : Mumbai
▪ It is India's largest life insurance company and also the country's largest investment company.
▪ Cabinet has cleared India's National Green Hydrogen Mission, which aims to make the country a
global
▪ NTPC Limited and Gujarat Gas Limited (GGL) have commissioned India’s first green hydrogen
blending project in the piped natural gas (PNG) network of NTPC Kawas, Gujarat.
▪ The mission aims to achieve a production capacity of 5 million metric tons of hydrogen per year by
2030.
▪ India has announced the definition of Green Hydrogen. The Green Hydrogen Standard for India sets
a
▪ Tata Steel and ACME Group Join Forces For India’s Largest Green Hydrogen Project Odisha’s
▪ Ministry of New and Renewable Energy Sources has unveiled draft and roadmap for Green
Hydrogen
Ecosystem.
▪ European Investment Bank (EIB) has announced its support for India’s National Green Hydrogen
▪ India’s top oil firm IOC will set up green hydrogen plants at all its refineries as it pivots a Rs 2-lakh
crore
green transition plan to achieve net-zero emissions from its operations by 2046.
▪ Reliance Industries Limited (RIL) and Ashok Leyland unveiled India’s first Hydrogen Internal
▪ Indian PSU refiners to set up 137,000 tonnes per annum green hydrogen facility by 2030.
▪ Axis Bank Introduces ‘Infinity Savings Account’ with Zero Domestic Transaction Fees.
▪ Axis Bank partners with RBI Innovation Hub to launch Kisan Credit cards.
▪ Axis Bank Partners with Kiwi to Bolster ‘Credit on UPI’ on RuPay Credit Cards.
▪ Axis Bank has launched the ‘one-view’ feature on its mobile application which enables account
▪ Axis Bank has appointed NS Vishwanathan, former deputy governor of the Reserve Bank of India, as
non-executive chairman.
▪ Axis Bank launches Digital Onboarding platform ‘Sarathi’ for POS Terminals.
▪ Axis Bank and India Shelter Finance Corporation ltd announce strategic partnership under the co-
lending
model.
▪ Axis Bank Partners with OPEN to Launch a Fully Digital Current Account.
▪ AXIS BANK
▪ Founded : 1993
▪ HQ : Mumbai, Maharashtra
▪ Yes bank partnered with fintech Zaggle for next-gen corporate credit card.
▪ YES Bank goes live with UPI interoperability on Central Bank Digital Currency (CBDC).
▪ Reliance General Insurance becomes first insurer to accept Central Bank Digital Currency (CBDC)
eRupee (e₹) in tie-up with YES Bank
▪ YES Bank announced the unveiling of its new logo, which forms part of its “refreshed brand
identity.”
YES BANK launches new logo, to roll out campaign 'Life Ko Banao Rich'.
▪ YES Bank has collaborated with National E-Governance Services Limited (NeSL) to issue its first
▪ Cashfree Payments partners with YES Bank to offer Global Collections service for exporters.
▪ Yes Bank is an Indian bank headquartered in Mumbai, India and was founded by Rana Kapoor and
▪ YES BANK
▪ Founded : 2004
▪ YES BANK launches new logo, to roll out campaign 'Life Ko Banao Rich'.
▪ The Asian Development Bank (ADB) and Fourth Partner Energy Private Limited (Fourth Partner)
signed a long-term loan of up to 1.2 billion Indian rupees (about $14.7 million) .
▪ ADB Approves USD 40.5 Million Loan to Enhance Childhood Development and Maternal Mental
Health in Meghalaya.
▪ Government of India and Asian Development Bank (ADB) signed a $200 million loan as additional
▪ Asian Development Bank (ADB) and the Government of India signed a $141.12 million loan
agreement
▪ Alok Kumar has been appointed as a member of the Asian Development Bank’s (ADB) High-level
▪ Pakistan is the largest recipient of ADB loans in Asia, Pakistan received loans of USD 5.58 billion.
▪ Asian Development Bank (ADB) has announced its plans to invest in non-convertible debentures
valued
▪ Indian government and the Asian Development Bank (ADB) signed loan agreements aggregating to
$1.22 billion.
▪ ADB has grown to encompass 68 members; of which 49 are from within Asia and the Pacific and 19
outside.
▪ It is a regional multilateral financial institution focused on countries in the Asia and Pacific region.
▪ It currently has 68 members – of which 49 are from the Asia and Pacific region and 19 from outside.
▪ Union Minister Rajnath Singh, Ministry of Defence (MoD) has set up a 9-member committee of
experts
▪ Indian Banks’ Association (IBA) has formed a five-member working group for the Implementation of
recommendations from the Reserve Bank of India’s committee on the working of Asset
Reconstruction
Companies (ARCs).
▪ Government of India has constituted an expert panel headed by former Law Secretary TK
Vishwanathan
to propose reforms in the Arbitration and Conciliation Act and reduce the burden on the courts.
▪ National Tiger Conservation Authority (NTCA) has established an 11-member Cheetah Project
Steering
Committee under the Ministry of Environment, Forest and Climate Change, and Rajesh Gopal,
secretary
▪ Government of India has constituted a Peace Committee in Manipur under the Chairpersonship of
▪ IRDAI has recently constituted a five-member expert committee comprising medical experts and
insurers
to advise on matters related to mental health and insurance; Headed By : Pratima Murthy.
▪ Razorpay forms 4-member advisory board to strengthen corporate governance; Head-former RBI
deputy
governor NS Vishwanathan.
▪ Ministry of Finance has set up of a four-member committee forms panel to suggest changes to
National
▪ Ministry of Housing and Urban Affairs has set up a 14-member committee to look into stalled real
estate
▪ Ministry of Electronics and Information Technology (MeitY) has constituted a nine-member task
force
▪ International Financial Services Centres Authority (IFSCA) has formed an expert committee to
create a
roadmap to encourage Indian startups/fintech domiciled abroad to relocate to the GIFT City in
Gujarat.
Chaired By - G. Padmanabhan.
WORLD BANK IN NEWS 2023 ▪ World Bank has approved $1.5 billion in financing to accelerate India’s
development of low-carbon energy. ▪ World Bank has approved a substantial funding package of 700
million dollars for Sri Lanka. ▪ World Bank has approved $391 million in financing to improve access
to high-quality healthcare services and to economic opportunities for people in Assam and Tripura. ▪
World Bank approves $150-million loan for Resilient Kerala programme. ▪ World Bank has granted its
approval for a USD 255.5 million loan aimed at enhancing the quality of technical education in
government-run institutions across India. ▪ World Bank approves $150-million loan for Resilient
Kerala programme. ▪ World Bank (WB) launched its first dedicated road safety project in South Asia
with a USD 358 million financing agreement signed in Dhaka with the government of Bangladesh. ▪
Indian origin Ajay Banga confirmed as the 14th President of World Bank. ▪ Ministry of Education and
the World Bank held a unique workshop on School-to-Work Transition under the STARS Program. ▪
The Cabinet approved the Strengthening Teaching-Learning and Results for States (STARS) Project in
October 2020. ▪ World Bank has approved a loan of US $ 363 million for the supply of clean drinking
water from taps to 2 million rural households in Karnataka. ▪ World Bank’s Board of Executive
Directors has approved USD 100 million loan under Odisha State Capability and Resilient Growth
Program. ▪ According to the World Bank’s (WB) annual report ‘State and Trends of Carbon Pricing
2023’ released on May 23, 2023, revenues collected from carbon taxes and Emissions Trading
Systems (ETS) globally have reached a record high, about US$95 billion in 2022. ▪ World Bank’s
Executive Board of Directors has approved USD 108 million loan for Assam, to help the state improve
disaster preparedness and enhance flood forecasting. ▪ India and the World Bank have signed aloan
agreement for the construction of the Green National Highway Corridors Project (GNHCP) in four
States. ▪ These four states are-Himachal Pradesh, Rajasthan, Uttar Pradesh and Andhra Pradesh. ▪
World Bank has signed two complementary loans with India worth USD 500 million each to support
and enhance the country’s healthcare infrastructure. Follow us: Official Site, Telegram, Facebook,
Instagram, Instamojo 305 ▪ India will be the first country in the world to receive $100 billion from
remittances during 2022, the World Bank. ▪ WORLD BANK ▪ Founded : 1944 ▪ Headquarters :
Washington Dc ▪ 14th President : Ajay Banga ▪ MD&CFO : Anshula Kant ▪ Chief Economist : Carman
Reinhart ▪ Executive Director : Rajesh Khullar ▪ Member Countries :189 ▪ World Bank Group : 5 (IBRD,
IDA, IFC, MIGA and ICSID). ▪ All of these efforts support the Bank Group’s twin goals of ending
extreme poverty by 2030 and boosting shared prosperity of the poorest 40% of the population in all
countries. ▪ World Bank was created at the 1944 Bretton Woods Conference, along with the
International Monetary Fund (IMF). ▪ India is a memORLD BANK IN NEWS 2023
▪ World Bank has approved $1.5 billion in financing to accelerate India’s development of low-carbon
energy.
▪ World Bank has approved a substantial funding package of 700 million dollars for Sri Lanka.
▪ World Bank has approved $391 million in financing to improve access to high-quality healthcare
services
▪ World Bank has granted its approval for a USD 255.5 million loan aimed at enhancing the quality of
▪ World Bank (WB) launched its first dedicated road safety project in South Asia with a USD 358
million
▪ Ministry of Education and the World Bank held a unique workshop on School-to-Work Transition
under
▪ The Cabinet approved the Strengthening Teaching-Learning and Results for States (STARS) Project in
October 2020.
▪ World Bank has approved a loan of US $ 363 million for the supply of clean drinking water from
taps to
▪ World Bank’s Board of Executive Directors has approved USD 100 million loan under Odisha State
▪ According to the World Bank’s (WB) annual report ‘State and Trends of Carbon Pricing 2023’
released
on May 23, 2023, revenues collected from carbon taxes and Emissions Trading Systems (ETS) globally
▪ World Bank’s Executive Board of Directors has approved USD 108 million loan for Assam, to help
the
▪ India and the World Bank have signed aloan agreement for the construction of the Green National
▪ These four states are-Himachal Pradesh, Rajasthan, Uttar Pradesh and Andhra Pradesh.
▪ World Bank has signed two complementary loans with India worth USD 500 million each to support
▪ India will be the first country in the world to receive $100 billion from remittances during 2022, the
World
Bank.
▪ WORLD BANK
▪ Founded : 1944
▪ Headquarters : Washington Dc
▪ All of these efforts support the Bank Group’s twin goals of ending extreme poverty by 2030 and
boosting
▪ World Bank was created at the 1944 Bretton Woods Conference, along with the International
Monetary
Fund (IMF).
▪ India is a member of IBRD, IFC, IDA and MIGA. The country is not a member of the ICSIDber of IBRD,
IFC, IDA and MIGA. The country is not a member of the ICSID
▪ NITI Aayog has recently released the Export Preparedness Index 2022.
▪ This time Tamil Nadu has achieved the top rank by leaving behind Maharashtra and Gujarat.
▪ NITI Aayog, United Nations join hands to accelerate sustainable development in India.
▪ PM Modi chairs the 8th meeting of the NITI Aayog Governing Council held at the New Convention
▪ The meeting is focused on the theme of "Growth India @ 2047: Role of Team India".
▪ BVR Subrahmanyam was appointed as the new Chief Executive Officer of Niti Aayog.
▪ The government has monetised assets worth ₹26,000 crore during FY23 against the target of ₹1.6
lakh
▪ NITI Aayog, the Indian government’s policy think-tank, recently released a report titled “Promoting
▪ AI automation company Simplify has launched InsuranceGPT, the world's first generative AI tool for
insurance.
▪ Odisha TV, an Odia-based news station, has unveiled “Lisa,” India’s first regional AI news anchor.
▪ Meta and Microsoft have jointly announced the expansion of their artificial intelligence partnership
by
introducing their new large language model (LLM) called “Llama 2“.
▪ Elon Musk has launched his AI startup, xAI, aiming to create an alternative to ChatGPT.
▪ Unique Identification Authority of India (UIDAI) has recently launched a chatbot to help people get
an
answer to their queries related to the Aadhaar card. It is called “Aadhaar Mitra”.
▪ Aaj Tak, unveiled Sana, the first AI-generated news anchor in the country.
▪ ChatGPT.
▪ Cyber Security experts have sent out warnings about the potential use of ChatGPT to write phishing
▪ About:
▪ It is a type of artificial intelligence that can understand and generate natural language text.
▪ It is trained on large amounts of text data and uses an algorithm called a transformer to learn how
to
▪ OpenAI:
▪ OpenAI is a research institute and company that focuses on developing artificial intelligence
technology
▪ It was founded in 2015 by a group of entrepreneurs and researchers, including Elon Musk, Sam
Altman,
▪ Reserve Bank of India (RBI) has canceled the license of United India Co-operative Bank, a bank in
Uttar
Pradesh.
▪ RBI Grants Non-Banking Institution License to Mahalaxmi Cooperative Bank in Dharwad, Karnataka
▪ Equitas Holdings Ltd, a prominent non-banking financial company (NBFC) in India, has voluntarily
▪ RBI cancelled the registration of Pune-based Kudos Finance and Investments and Mumbai-based
Credit
▪ Reserve Bank of India (RBI) due to insufficient capital and earning potential revoked the licence of
▪ Telangana has launched India’s first Agricultural Data Exchange (ADeX) and Agriculture Data
▪ Dr Jitendra Singh, had launched the CSIR Prima ET11, the first indigenous e-Tractor developed by
the
Central Mechanical Engineering Research Institute (CMERI), Durgapur, a public engineering R&D
institution in Durgapur, West Bengal, and a constituent laboratory of the Indian Council of Scientific
▪ Sanchi, a world heritage site located in the Raisen district of Madhya Pradesh, is all set to become
India's
▪ Google celebrates India's street food 'pani puri' with an interactive game Doodle, allowing users to
help
▪ Uttar Pradesh government announced that the Buddh international circuit in Greater Noida will
host
▪ India's First ‘Sahiwal’ Breed Calf Given Birth Through ‘Cow Surrogacy’ At TTD's Goshala In Tirupati.
▪ Recently, the PM has inaugurated India’s first facility to produce rare earth permanent magnets in
Visakhapatnam.
▪ India's first private hill station Lavasa was sold to Darwin Platform Infrastructure for Rs 1.8 thousand
crore after the approval of the National Company Law Tribunal (NCLT).
▪ According to the Kolkata Metro Rail Corporation, India's first underwater metro service, the East-
West
▪ Union Minister for Road Transport and Highways Nitin Gadkari unveiled the country's first drone-air
▪ Luminous Power Technologies announced its plan to build the country's first green energy-based
solar
▪ PARAKH stands for The Performance Assessment, Review, and Analysis of Knowledge for Holistic
Development.
▪ Uttar Pradesh on track to be first Indian state with 100% EVs in govt depts.
▪ Shivangi Singh being the first woman pilot to fly the Rafale fighter aircraft, is a trailblazer in the
Indian
Air Force.
▪ India’s first “Water Metro” services will be inaugurated by the Prime Minister Narendra Modi on
April
▪ Mana village on India-China border in UK’s Chamoli district declared as ‘India’s first village’ by BRO.
▪ Narendra Modi has laid the foundation stone for India’s first Digital Science Park coming up at the
▪ PM Modi laid the foundation stone of the India’s first urban transport ropeway on March 24, 2023,
in
Varanasi.
▪ City Union Bank (CUB) launched India's first Voice Biometric Authentication banking app for its
mobile
▪ India’s first semi high-speed regional rail services in NCR named ‘RAPIDX’.
▪ NSE Indices Ltd, a subsidiary of National Stock Exchange (NSE), has launched India’s first-ever Real
Estate Investment Trusts (Reits) and Infrastructure Investment Trusts (InvITs) Index.
▪ India’s first National Centre of Excellence in Green Port & Shipping (NCoEGPS) in Gurugram,
Haryana.