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Daily Archives: March 27, 2025

RBI Imposes Penalties on HDFC Bank, Punjab & Sind Bank, and KLM Axiva Finvest for Regulatory Non-Compliance

RBI Imposes Penalties on HDFC Bank, Punjab & Sind Bank, and KLM Axiva Finvest for Regulatory Non-Compliance

On March 26, 2025, the Reserve Bank of India (RBI) announced penalties on HDFC Bank, Punjab & Sind Bank, and KLM Axiva Finvest for deficiencies in regulatory compliance. The penalties have been imposed due to non-compliance with specific RBI directives, particularly in areas related to Know Your Customer (KYC), financial inclusion, and banking regulations. Details …

MoRD and UNICEF YuWaah Sign Statement of Intent to Empower Rural Women and Youth

MoRD and UNICEF YuWaah Sign Statement of Intent to Empower Rural Women and Youth

The Ministry of Rural Development (MoRD) and the United Nations Children’s Fund (UNICEF) YuWaah have signed a Statement of Intent (SOI) to empower rural women and youth across India. The three-year partnership focuses on creating livelihood opportunities, promoting entrepreneurship, and enhancing digital infrastructure for rural communities. Objectives of the Partnership The MoRD and UNICEF YuWaah …

Netumbo Nandi-Ndaitwah Sworn in as Namibia’s First Female President

Netumbo Nandi-Ndaitwah Sworn in as Namibia’s First Female President

Netumbo Nandi-Ndaitwah made history on March 21, 2025, by becoming Namibia’s first female president. Her inauguration coincided with Namibia’s 35th Independence Day. A veteran of the South West Africa People’s Organisation (SWAPO), she won the November 2024 elections with 58% of the vote. The outgoing president, Nangolo Mbumba, handed over power during a ceremony attended …

Canara Bank Appoints S. K. Majumdar as Executive Director

Canara Bank Appoints S. K. Majumdar as Executive Director

Canara Bank has appointed S. K. Majumdar as its Executive Director, effective March 24, 2025. Prior to this, he served as the Chief Financial Officer (CFO) of the bank. With over 25 years of experience, Majumdar has played a vital role in various administrative and operational capacities within the organization. His extensive expertise in finance …

West Bengal Police Launches Mobile App for Transparent Transfers

West Bengal Police Launches Mobile App for Transparent Transfers

The West Bengal Police has introduced a mobile application designed to streamline the transfer process for its personnel, ensuring transparency and efficiency. This initiative aims to eliminate malpractices such as bribery and favoritism in transfer postings. The app, integrated with the e-HRMS software, will be used by police personnel ranging from constables to sub-inspectors to …

Chief of Naval Staff Admiral Dinesh K. Tripathi Inaugurates New North Jetty at Naval Base

Chief of Naval Staff Admiral Dinesh K. Tripathi Inaugurates New North Jetty at Naval Base

Chief of Naval Staff Admiral Dinesh K. Tripathi inaugurated the new North Jetty at the Naval Base in Kochi on March 27, 2025. The jetty is designed to enhance berthing capacity and support services for naval ships and auxiliary vessels, strengthening India’s maritime capability and operational efficiency. Significance of the New North Jetty The newly …

DRDO & Indian Navy Successfully Test-Fire VLSRSAM Missile

DRDO & Indian Navy Successfully Test-Fire VLSRSAM Missile

The Defence Research & Development Organisation (DRDO) and the Indian Navy have successfully conducted the flight-test of the Vertically-Launched Short-Range Surface-to-Air Missile (VLSRSAM) on March 26, 2025. The test was carried out from a land-based vertical launcher at the Integrated Test Range (ITR), Chandipur, Odisha. The missile successfully engaged and destroyed a high-speed aerial target …

Darjeeling’s Padmaja Naidu Himalayan Zoological Park Launches DNA Preservation Project

Darjeeling’s Padmaja Naidu Himalayan Zoological Park Launches DNA Preservation Project

The Padmaja Naidu Himalayan Zoological Park in Darjeeling has become India’s first zoo to preserve DNA samples of wildlife found in snowy regions. The project, launched in collaboration with the Centre for Cellular and Molecular Biology (CCMB), Hyderabad, aims to aid conservation efforts for endangered species. Chief Wildlife Warden Debal Roy confirmed that 60 DNA …

B Sumeeth Reddy Announces Retirement from Badminton to Focus on Coaching

B Sumeeth Reddy Announces Retirement from Badminton to Focus on Coaching

India’s doubles badminton specialist B Sumeeth Reddy has announced his retirement from professional badminton to fully dedicate himself to coaching. A key player in India’s badminton circuit, Sumeeth was a part of the 2022 Commonwealth Games silver medal-winning squad and has had a successful career spanning over a decade. He shared the news on social …