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.