February 2022 | Page 20 of 331

NON – BANKING FINANCIAL COMPANY: UPSC Daily Important Topic | 19 February 2022

NON – BANKING FINANCIAL COMPANY. ✓Bank is a financial institution engaged primarily in mobilizing deposits and forwarding loans. ✓Banks are regulated by the Central bank of the country—in case of India, the RBI (Reserve Bank. ✓Another category of financial institution—the non-bank—is almost similar in its functions but main difference (though, highly simplified) being that it […]

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Daily Current Affairs – 19 February 2022 | Gkseries

Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 19 February 2022, we have tried to cover each and every point and also included all

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World Pangolin Day 2022: 19 February

Every year, World Pangolin Day is celebrated on the “Third (3rd) Saturday of February”. In 2022, the annual World Pangolin Day is being celebrated on 19th February 2022. it marks the 11th edition of the event. The day aims to raise awareness about these unique mammals and speed up conservation efforts. Pangolins are one of the most heavily trafficked mammals in

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Ministry of Power notifies Green Hydrogen and Green Ammonia Policy

Government had launched the National Hydrogen Mission on India’s 75th Independence Day (i.e. 15th August, 2021). The Mission aims to aid the government in meeting its climate targets and making India a green hydrogen hub. This will help in meeting the target of production of 5 million tonnes of Green hydrogen by 2030 and the

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SIDBI expands its MSME programme to Bihar

SIDBI has partnered with the Bihar govt to develop the state’s MSME ecosystem. It signed two MoUs with the Industries Department, Govt of Bihar and Bihar Industrial Area Development Authority (BIADA). Under the MoU it will deploy Project Management Units (PMU) in making necessary interventions for facilitating the development of the MSME ecosystem. SIDBI is the principal financial institution for MSME development in the

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India’s GDP projected at 8.8% in FY22: SBI Ecowrap report

The State Bank of India (SBI) Research Report, Ecowrap, has revised downwards the gross domestic product (GDP) growth rate of India for FY22 (2021-22) to 8.8 percent. Earlier this was estimated at 9.3 percent. The real GDP will be around Rs 2.35 lakh crore more or 1.6% higher than the FY20 real GDP of Rs 145.69 lakh crore, the report said.

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Kotak Mahindra Bank ties up with Ezetap for integrated PoS solutions

Private sector lender Kotak Mahindra Bank Ltd (KMBL) said on Friday that it has partnered with Ezetap to provide integrated Point of Sale (PoS) solutions across 4,000 locations in India. The initiative will further strengthen the Bank’s presence in the digital payments market space. The integrated solution provided by Ezetap will enable the merchants availing

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Career Counselling Workshop ‘Pramarsh 2022’ launched in Bikaner

Minister of State for Culture & Parliamentary Affairs, Arjun Ram Meghwal has launched ‘Pramarsh 2022’, a mega career counselling workshop, for the students of the Bikaner District region in Rajasthan. One lakh pupils from over a thousand schools across the Bikaner district, mostly from rural areas, took part in this session. It is first such incidence in India that more

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India’s first water taxi service inaugurated to connect South Mumbai with Navi Mumbai

The long-awaited water taxi services linking Mumbai’s east coast with the mainland in Navi Mumbai and other locations — the first of its kind in India — was inaugurated on February 17, 2022 by Chief Minister Uddhav Thackeray in the presence of Union Shipping Minister Sarbananda Sonowal. The Water Taxi service will connect the twin

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IndusInd Bank to facilitate digital transactions on e-NAM

IndusInd Bank has been empaneled by the SFAC to facilitate digital collection and settlement services on e-NAM portal. Under this arrangement, the bank will offer an array of transaction services through digital modes including multi-net banking , debit card, NEFT, RTGS, IMPS and UPI to the buyer and seller. As of January 2022, there are over 1.7 crore farmers and more than

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