Current Affairs for Bank Promotion

Current affairs play important in bank Promotion Exam.

Agreements News

3. AU Small Finance, ICICI Pru Life tie up to offer life insurance solutions

  • AU Small Finance Bank has announced a strategic partnership with ICICI Prudential Life Insurance to offer life insurance solutions. The tie-up aims to deliver “paperless, secure, and hassle-free life insurance”.
  • Through the corporate agency arrangement, over 18 lakh customers of AU Bank across over 700 banking touchpoints in 13 states and 2 Union territories, will have easy access to the entire suite of customer-centric protection and long-term savings products of ICICI Prudential Life.
  • AU Bank even claimed that these products will enable customers to provide financial security to themselves and their families and help them achieve their financial goals.

Important takeaways for all competitive exams:

  • AU Bank HQ: Jaipur;
  • AU Bank MD & CEO: Sanjay Agarwal.

6. ICICI Bank and Google Pay collaborate to bring digital registration of FASTag

  • ICICI Bank has announced that it is collaborating with Google to issue FASTag. It has become the first bank to join hands with Google Pay for the issuance of FASTag.
  • Customers will now be able to order, track and recharge ICICI Bank FASTag via the Google Pay app.
  • Currently, Google Pay users could recharge their FASTag on the app, but purchasing one directly from the Google app was not possible.

Important takeaways for all competitive exams:

  • CEO of Google: Sundar Pichai; Headquarters: California, United States.

Science and Technology News

7. Harsh Vardhan launches India’s 1st indigenous pneumonia vaccine ‘Pneumosil’

  • The Union Health Minister Dr Harsh Vardhan launched India’s first indigenously developed vaccine against pneumonia.
  • The Pneumococcal Conjugate Vaccine (PCV) named ‘Pneumosil’ has been developed by Pune-based Serum Institute of India (SII) in collaboration with the Bill and Melinda Gates Foundation and PATH, an international, nonprofit global health organization based in Seattle.

Important takeaways for all competitive exams:

  • Serum Institute of India CEO: Adar Poonawalla.
  • Serum Institute of IndiaFounder: Cyrus S. Poonawalla.
  • Serum Institute of IndiaFounded: 1966.
  • Serum Institute of India Headquarters location: Pune.

Books and Authors 

8. Late Justice Rajindar Sachar’s Autobiography: ‘In Pursuit of Justice’

  • The family of Late Justice Rajindar Sachar in association with The Indian Society of International Law and The Indian Law Institute is organizing the book launch “In Pursuit Of Justice: An Autobiography” written by Late Justice Rajindar Sachar. The book has been posthumously published.
  • Justice Rajindar Sachar was a socialist, an egalitarian, a defender of civil liberties, a deeply engaged citizen of India, and, above all, a humanist.
  • A man who believed in standing for the last man in the line, he was ‘armed’ with a moral compass that never wavered.

Miscellaneous News

9. Kerala’s Arya Rajendran becomes India’s youngest mayor from Thiruvananthapuram

  • The 21-year-old college student, Arya Rajendran has been elected the new mayor of Thiruvananthapuram Corporation, of Kerala.
  • The Communist Party of India (Marxist) leader, Arya is the youngest person in India to occupy the post of mayor anywhere in the country.
  • Arya won 54 votes out of 99 votes cast in the civic body polls in Kerala. She is also the state president of Balasangam, the children’s wing of the CPI(M).
  • Arya is a second-year student of Bachelor of Science (B.Sc) in Mathematics at the All Saints College.

10. INCOIS launches “Digital Ocean” app for information sharing

  • The Union Minister of Earth Sciences, Science & Technology, Dr Harsh Vardhan virtually inaugurated the web-based application “Digital Ocean”.
  • It has been developed by Hyderabad-based Indian National Centre for Ocean Information Services (INCOIS) an autonomous organization under M/o Earth sciences. Digital Ocean is a first of its kind digital platform for Ocean Data Management.
  • Digital Ocean is a step towards Prime Minister’s vision of Digital India, to transform India into a digitally empowered society and knowledge economy
  • Digital Ocean will serve as a one-stop-solution for all the data related to the ocean.
  • It will help to share this knowledge about the ocean with a wide range of users including research institutions, operational agencies, strategic users, the academic community, maritime industry and policymakers, as well as general public and the common man that too free of cost.

Important takeaways for all competitive exams:

  • Director of INCOIS: T. Srinivasa Kumar.
  • INCOIS Founded: 1998.
  • Headquarters of INCOIS: Pragathi Nagar, Hyderabad.

11. Nitin Gadkari announces Multi-Model Logistics Park in Assam’s Silchar

  • Union Minister for Road Transport and Highways, Nitin Gadkari has announced that a multi-modal logistics park in Assam.
  • It will be constructed in Silchar and the Balacherra-Harengajao section of the Silchar-Saurashtra Highway will be completed in March 2022.
  • Mr Gadkari made this announcement at a public meeting at Zero Point on the East-West Corridor at Madhurmukh at Rangpur.


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