Current Affairs : 20 August 2016

SBI board approves merger of 5 associate banks, BMB with itself

  • State Bank of India (SBI) board has approved merger of its five associate banks and Bharatiya Mahila Bank (BMB) with itself to create a global-sized bank with assets worth over Rs 37 lakh crore. 
  • These five associate banks are State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Travancore and Bharatiya Mahila Bank.

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Doha Bank set to open branch in Kerala

  • Doha Bank QSC is formally inaugurating its 1st branch in Kerala on August 27 by the State Chief Minister Pinarayi Vijayan. 
  • The branch is located at first floor of Lulu Mall in Edappally (Kochi) Kerala.The branch offers all banking products to corporate and retail customers. 
  • The Bank has its other two branches in Mumbai.

Union Power Ministry launches portal for electronic bidding and e-reverse auction

  • Union Power Ministry Piyush Goyal has launched a portal in New Delhi for electronic bidding and e-reverse auction of tariff-based electricity transmission projects to enhance transparency in transmission sector. 
  • The portal is launched to mark a shift from present manual auction process to electronic mode for determining the lowest bidder for the projects.

Sachin Tendulkar adopts drought-affected village under SAGY

  • Cricket icon and Rajya Sabha MP Sachin Tendulkar has selected Donja village in Osmanabad district of Maharashtra for development under the Sansad Adarsh Gram Yojana (SAGY). 
  • Under SAGY,each member of parliament needs to choose one village from their constituency and develop it as a model village. 
  • The programme was launched by Prime Minister Narendra Modi on the birth anniversary of Jayaprakash Narayan, on 11 October 2014.

Maharashtra launches India’s first Crime Criminal Tracking Network System

  • The Maharashtra Government has become first state in the country to launch comprehensive ‘Crime Criminal Tracking Network System’ (CCTNS) in Mumbai. 
  • It was launched through the operationalisation of 34 cyber laboratories across the state in order to combat growing cybercrimes. 
  • All police stations in the state will be linked with one another for sharing information about crimes in their respective jurisdictions.

IIT-Kanpur adopts five villages under Namami Gange

  • The Indian Institute of Technology (IIT)-Kanpur has adopted 5 villages (Katri Ladhva Khera, Ramel Nagar, Khoyra Katree, Pratapur and Hari Hindpur) in Uttar Pradesh under the Namami Gange programme. 
  • Civil engineering department of IIT-Kanpur will use its expertise to restrict the flow of sewage into the River Ganga. 
  • IIT-Kanpur is one of the 13 educational institutes directed by the Union Government to adopt villages and turn them into role models in sanitation for others to replicate.

World’s highest & longest glass bottomed bridge to open this weekend

  • Much heralded world’s highest and longest glass bottomed bridge in China will open this weekend to visitors 
  • It connects two mountain cliffs in what are known as the Avatar mountains in Zhangjiajie, Hunan province. 
  • The 430 meters long bridge costed 3.4 million dollars to build and stands 300 meters above ground.

Narsingh Yadav’s Olympic dream over as CAS hands him 4 years ban

  • Indian wrestler Narsingh Yadav’s (74-kg) hopes of participating in the Rio Olympics have been dashed . 
  • The Court of Arbitration for Sport (CAS) has denied him permission to take part and handed him a four-year doping ban. 
  • He was scheduled to take on Frenchman Zelimkhan Khadjiev in qualification round.

Usain Bolt wins 3rd consecutive 200m Gold

  • Jamaican sprinter Usain Bolt retained the 200 metres Gold for the second time. 
  • Bolt clocked 19.78 seconds to finish at the top of the podium. 
  • Earlier, he had won the 100 metres Gold, is eyeing an unprecedented treble.

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