19 June 2018 Current Affairs

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EAM Sushma Swaraj Embarks on 4- Nation tour
External Affairs Minister Sushma Swaraj left for a seven-day tour of Italy, France, Luxembourg and Belgium, which is aimed at deepening India’s strategic engagement and trade ties with the four European countries.

ICICI Bank names Sandeep Bakhshi as COO
The ICICI Bank board has appointed ICICI Prudential Life Insurance CEO Sandeep Bakhshi as whole-time director and chief operating officer (COO), creating a new top position at India’s second largest private bank, to steer all its businesses.

11th Common Review Mission Report Released
Shri Ashwini Kumar Choubey, Minister of State for Health and Family Welfare released the 11th Common Review Mission (CRM) report of the National Health Mission. Speaking at the function, Shri Choubey stated that India has registered a record 22% reduction in MMR since 2013, which is the highest percentage decline so far when compared to all the previous reductions in MMR as per the earlier rounds of SRS.

India’s exports hit six month high in May
India’s exports grew 20.18 percent to $28.86 billion in May, recording the highest number in six months. India’s trade deficit widened to a four-month high of $14.62 billion in May as imports surged nearly 15%

RBI eases norms for FPIs to invest in debt
The Reserve Bank of India has eased investment norms for foreign portfolio investors (FPIs) in debt especially into individual large corporates. The move will help attract more overseas flows and thereby help arrest the recent fall in the rupee on one hand and also lift the recent fall in demand for corporate bonds.

Oriental Bank of Commerce awarded for Atal Pension Yojana
Oriental Bank of Commerce has been awarded as the best public sector bank for Atal Pension Yojana for the year 2017-18. MoS for Finance Shiv Pratap Shukla presented the awarded to Mukesh Kumar Jain, MD & CEO of the bank.

New Zealand’s teenage player Amelia Kerr sets world record
New Zealand’s teenage player Amelia Kerr has created a world record in the women’s ODI cricket by scoring an unbeaten 232 runs in a match against Ireland in Dublin. Amelia Kerr was 17 years old. She recorded 232 runs (unbeaten) that included 31 boundaries and 2 sixes, in 145 balls.

Karnataka Bank launches ‘Deposit Only Card’
Karnataka Bank Ltd has launched ‘KBL-Deposit Only Card’ that enables hassle-free cash deposit transactions at the bank’s 24X7 e-lobby services. This card is specially meant for the bank’s current/overdraft customers.


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