- Important Days & Events: June 3rd is observed as “World Bicycle Day”
- To recognize bicycling as a way to get a sustainable form of traveling that also ensures one’s physical well-being.
- Appointments: Ashwani Bhatia has been appointed as a whole-time member of the market regulator Securities and Exchange Board of India (Sebi). Earlier he was MD of SBI
- Retirement: MD & CEO, S Krishnan announced his retirement from the role, with effect from May 31, 2022.
- Banking & Insurance:
- Kotak Bank has launched Kotak Cherry aims to be an open architecture platform, which will help investors in choosing from a wide array of offerings beyond the ones manufactured by Kotak group.
- HDFC ties up with Accenture for digital transformation. It will revamp HDFC’s customer experience and business processes to provide greater operational agility and efficiency, and drive business growth.
- Kiya.ai launched India’s first-ever banking metaverse called Kiyaverse. It helps to enable consumers to transact, access banking information, and avail of various banking products virtually.
- SBI General Insurance has launched a new health insurance vertical, to focus on new innovative health products, in-house claim settlement process, etc.
- CarTrade Tech partners with IDFC First Bank to offer financing solutions for used cars.
- Mukesh Ambani surpasses Gautam Adani and is spot as Asia’s richest man.
- Union Minister for Youth Affairs and Sports, Anurag Thakur has launched a nationwide ‘Fit India Freedom Rider Cycle rally’.
- The Punjab government has launched an ‘e-stamp facility’ to abolish the physical stamp papers in order to bring efficiency.
- Union Minister of Home Affairs Amit Shah has the foundation stone for an Olympic-level sports complex in Ahmedabad, Gujarat at a cost of 632 crores.
- Sachin Tendulkar has been re-appointed as United Nations Children’s Fund (UNICEF) ‘Goodwill Ambassador’ for a record 20th year.
- Blue Dart has signed an agreement with UNFCCC on climate-neutral ‘New Pledge’.
- To improve the ease of living for the common man, the government is planning to launch ‘Jan Samarth’ a common portal for the delivery of various schemes run by different ministries.
- Digital payments in India projected to reach $10 trn by 2026
- Bank Credit to NBFCs increases 10% to Rs 10.5 trn in FY22
- SEBI Smoothens approval Process for Change in Control of Portfolio Manager
- SBI Revises FY23 economic growth forecast to 7.5%
- Purchasing Managing Index surges to 11-year high in May
Questions:
Q.1 Which Indian Entrepreneur has surpassed Gautam Adani to become Asia’s richest person?a. Azim Premji
b. Ratan Tata
c. Mukesh Ambani
d. Sudha Murthy
Q.2 Which bank has tied up with Accenture to provide operational agility and efficiency, and drive business growth?
a. Kotak bank
b. HDFC bank
c. Induslnd bank
d. ICICI bank
