- The Indian Overseas Bank (IOB) has granted a loan of Rs 1000 crore to Jammu and Kashmir Infrastructure Development Finance Corporation Ltd (JKIDFC). Out of these funds, Rs 500 crore are already disbursed by the IOB. It will help to enhance credit growth and fund the various infrastructure development programs in the region.
- Static Part:
- HQ of IOB: Chennai
- Tagline of IOB: Good people to grow with
- The Insolvency and Bankruptcy of India (IBBI) have signed MoU with Indian Banks Association (IBA) in order to work jointly to enhance capacity building for the financial creditors. They will work to enhance capacity building in the areas like insolvency, bankruptcy, and allied ones.
- Static Part:
- HQ of IBBI: New Delhi
- HQ of IBA: Mumbai
- Awards and Recognition: National Mineral Development Corporation Ltd: It has won 1st prize in the Ispat Rajbhasha Award for 2018-19 and 2020-21 and the Ispat Rajbhasha Prerna Award for 2019-20.
- Aarushi Verma (National Level Shooter) is selected to represent India at the 2041 Climate Force Antarctica Expedition. She is also an active environmentalist.
- Priyanka Nutakki: She has become India’s 23rd Woman Grandmaster. She has secured her final WGM-norm at MPL’s forty-seventh National Women Chess Championship.
- ‘Jharokha-Compendium of Indian handicraft/ handloom, art and culture’: It is the name of the program organized by the Ministry of Culture and Ministry of Textiles jointly. The program will promote India’s art, culture, handicrafts, and handlooms. The first event of the program is organized at Bhopal, Madhya Pradesh and it will be held at 16 locations in 13 states and UTs.
- Microsoft to setup its 4th Data Centre in India
- 9th SLINEX (Sri Lanka–India Naval Exercise)
- ‘Donate-a-Pension’ Initiative
- Appointments on 9th March 2022
- ‘UPI123Pay’
Question:
Q.1 Which bank has granted the loan of Rs 1000 crore to Jammu and Kashmir Infrastructure Development Finance Corporation Ltd (JKIDFC)?
a. Indian Overseas Bank
b. Union Bank of India
c. Punjab National Bank
d. Bank of Baroda
a. Indian Overseas Bank
b. Union Bank of India
c. Punjab National Bank
d. Bank of Baroda
