Prashant Kumar selected as MD & CEO, Sunil Mehta as Non-Executive Chairman & of YES Bank
March 15, 2020

- On March 14, 2020 Government selected former Chief Financial Officer & deputy Managing Director(MD) of SBI Prashant Kumar as MD & Chief Financial Officer(CEO), the former Punjab National Bank(PNB) MD Sunil Mehta as Non-Executive Chairman, Mahesh Krishnamurthy & Atul Bheda as non-executive directors of the reconstructed board of Yes Bank.
- State Bank of India (SBI), which has a 49 % stake in Yes Bank, will nominate 2 directors & Reserve Bank could select one or more additional directors.
Newly Discovered insect species named after singer Lady Gaga
March 15, 2020

- On March 11, 2020 A newly discovered species of treehopper has been named “Kaikaia Gaga” after American singer Lady Gaga.
- The species was named by Brendan Morris, PhD candidate in entomology from University of Illinois, United States (US).
- The species were found near the Pacific coast of Nicaragua and the species seems to be beautiful, vibrant as pop diva, have crazy horns with wacky fashion sense.
Scientists at ARCI- Hyderabad emeges ‘solar receiver tube technology’ for industrial process heat
March 15, 2020

- On March 13, 2020, Scientists at the International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI), Hyderabad (Telangana), has emerged a cost-effective ‘solar receiver tube technology’ that absorbs solar radiation and transforms it into heat for the targeted applications, especially in industries.
- ARCI has filed 2 patent applications for this technology, and also signed an MoU(Memorandum of understanding) with Greenera Energy India Private Limited for technology transfer, that aims to develop the solar receiver tube for wider market absorption.
Manipur CM announces CMAST & CMAT scheme to encourage athletes & artists
March 15, 2020

- Manipur Chief Minister N. Biren Singh has announced the scheme for the welfare of sportspersons and artists of the State.
- Chief Minister’s Akhannaba Sanaroising gi Tengbang (CMAST) is for the welfare of sportspersons
- Chief Minister Artist Sing gi Tengbang (CMAT) is for the betterment of artists
CRPF inks MoU with Aditya mehta foundation to train its specially-abled troops in areas of cyber security & AI
March 16, 2020

- On March 13, 2020, The Central Reserve Police Force (CRPF), India’s largest Central Armed Police Force, has inked a Memorandum of Understanding (MoU) with Aditya Mehta Foundation (AMF),a non-profit organization which helps people with disabilities to pursue sports, to train its 189 CRPF personnel who had lost their limbs in operations in areas of cyber security, artificial intelligence (AI) and paralympic sports.
- The agreement inked in the presence of CRPF’s Director General (DG) AP Maheshwari, will help create newer opportunities for such personnel to continue as the integral part of the force.
Phool Dei festival was observed in Uttarakhand
March 16, 2020

- On March 14, 2020 Uttarakhand Chief Minister (CM) Trivendra Singh Rawat celebrated the traditional harvest festival “Phool Dei”.
- The festival also showcases the inner bonding between the communities who all are residing in the hills.
- It is the harvest festival of Uttarakhand that is celebrated in the month of Chaitra (March- April) in the Hindu Calendar.
RBI revises exposure limits for urban cooperative banks to single, group borrowers
March 16, 2020

- On March 13, 2020, Reserve Bank of India (RBI) has revised exposure limits for urban cooperative banks (UCBs) of tier-1 capital to a single borrower to 15% and a group of borrowers to 25%.
- The revised exposure limits shall be applicable to all types of fresh exposures received by UCBs.
- The RBI had earlier allowed UCBs to have exposures up to 15% and 40% of their capital funds to a single borrower and a group of borrowers, respectively.
Justice Bansi Lal Bhat got selected as officiating chairperson of NCLAT for 3 months
March 16, 2020

- On March 14, 2020, According to the Ministry of Corporate Affairs, Government of India (GoI), Justice (Retd.) Bansi Lal Bhat has been selected as the officiating Chairperson of the National Company Law Appellate Tribunal (NCLAT) for a period of 3 months with effect from March 15, 2020 or until a regular Chairperson is appointed, whichever is earlier.
- The government has also selected Justice (Retd.) Anant Bijay Singh as a Judicial Member of NCLAT & Ms. Shreesha Merla and Mr. Alok Srivastava as Technical Members.
National Vaccination Day 2020
March 16, 2020

- National Vaccination Day is celebrated every year on 16th March 2020.
- This day is observed throughout India to spread awareness and the importance of getting timely vaccinations.
- This day was first celebrated in 1995 and the first dose of Oral Polio Vaccine was given in India.
- On March 27, 2014, the World Health Organization(WHO) declared India a polio-free country.
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