Current Affairs August 2022

SIDBI and TPRMG join hands to set up 1000 green energy enterprises

SIDBI and TPRMG join hands to set up 1000 green energy enterprises

Small Industries Development Bank of India (SIDBI) has partnered with the TP Renewable Microgrid Ltd (TPRMG), a wholly-owned subsidiary of Tata Power. Aim: To set up 1,000 green energy enterprises throughout the country As per the agreement, SIDBI will provide them a “Go REsponsive, ENterprise incentive (GREENi)”,after the entrepreneurs finish a capacity-building programme organised by TPRMG. Tata Power CEO: Praveer […]

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Mack Rutherford becomes youngest pilot to fly solo around the world

Mack Rutherford becomes youngest pilot to fly solo around the world

Mack Rutherford (17), Belgian-British dual national has become the the youngest person to fly solo around the world in a small aircraft. He landed on an airstrip of Sofia (Capital of Bulgaria) to complete his task and claimed two Guinness World Records. Rutherford is also the youngest person to circumnavigate the globe in a microlight plane. His solo trip flying around

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Sourav Ganguly appointed as first brand ambassador of DreamSetGo

Sourav Ganguly appointed as first brand ambassador of DreamSetGo

India’s first premium sports experiences and travel platform, DreamSetGo has appointed Sourav Ganguly as its first brand ambassador. He will play a key role in promoting DSG’s curated experiences through its key partnerships with Manchester City, Chelsea FC, ICC Travel and more. DreamSetGo became the ‘Official Travel Agent’ of the ICC Men’s T20 World Cup Australia 2022 and

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RBI imposes restrictions on Thodupuzha Urban Co-operative Bank

RBI imposes restrictions on Thodupuzha Urban Co-operative Bank

The RBI has imposed certain restrictions on Kerala-based, Thodupuzha Urban Co-operative Bank for a period of six months (August 23, 2022). Reason: Due to its deteriorating financial condition Impact: Restriction on granting or renewing loans and advances and making any investments. Suspended withdrawal in the bank’s savings and current accounts for depositors. The bank will continue its banking business with restrictions till

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HDFC Bank to acquire 9.94% stake in Go Digit Life Insurance

HDFC Bank to acquire 9.94% stake in Go Digit Life Insurance

HDFC Bank would invest in Go Digit Life Insurance Ltd, the general insurer backed by Canada-based Fairfax Group. HDFC Bank has proposed an investment of between Rs 49.9-69.9 crore (two tranches) by subscribing to equity shares of the company for an equity stake of up to 9.944% of the paid-up equity share capital of the company. Recently, Go Digit General Insurance filed draft

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Tata Neu partners with HDFC Bank to launch co-branded credit card variants

Tata Neu partners with HDFC Bank to launch co-branded credit card variants

Tata Neu and HDFC Bank have partnered to launch two co-branded credit cards variants- (1) Tata Neu Plus HDFC Bank Credit Card (2) Tata Neu Infinity HDFC Bank Credit Card Customers will earn 2% NeuCoins with Tata Neu Plus HDFC Bank Credit Card on all purchases on partner Tata brands. And, customer will earn 5% NeuCoins with Tata Neu Infinity HDFC Bank Credit

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BOB financial launched contactless credit card with Indian Army

BOB financial launched contactless credit card with Indian Army

A co-branded RuPay credit card for Indian Army personnel has been introduced by BOB Financial Solutions Limited (BFSL), a fully owned subsidiary of Bank of Baroda (BoB), in collaboration with National Payments Corporation of India (NPCI). This co-branded credit card will be available on the RuPay platform and have contactless features. All members of the Indian Army

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