Top Best Current Affairs 24 July 2020 (2)

Ethiopia, Egypt and Sudan to resume talks to break a deadlock on Ethiopia's Grand Renaissance Dam reservoir on Nile.

Union Bank of India (UBI), after its amalgamation with Corporation Bank and Andhra Bank, has announced a corporate agency agreement with Life Insurance Corporation of India (LIC) to distribute latter's policies.

The Appointment Committee of the Cabinet (ACC) approved the appointment of Sumit Deb as the Chairman and Managing Director of the National Mineral Development Corporation (NMDC) till 28th February 2023, the date of his superannuation.

Kannan CS Warrier, Senior Principal Scientist (Scientist F) at the Institute of Forest Genetics and Tree Breeding (IFGTB) received the 2019 National Award of Excellence for Outstanding Research in Forestry from the Indian Council of Forestry Research and Education (ICFRE).

FamPay, India's first Neobank for teenagers, in partnership with IDFC First Bank launched India's 1st numberless card, FamCard. FamPay with National Payments Corporation of India(NPCI) developed this card.

Rahul Bajaj, the present non-executive chairman of Bajaj Finance has decided to step down on July 31, 2020 and he will be replaced by his son Sanjiv Bajaj (the present Vice Chairman of the company) from August 1.

The Ministry of Corporate affairs has extended the tenure of Bethala Shanta Vijaya Prakash Kumar, the acting President of National Company Law Tribunal (NCLT) for one month with effect from 5th July, 2020. This is his second extension.

Non-life insurer SBI General Insurance Company Limited announced that it has appointed Prakash Chandra (P C) Kandpal as its Managing Director (MD) and Chief Executive Officer (CEO), effective from July 20. He succeeds Pushan Mahapatra, who has been appointed as a director (strategic investments & digital initiatives).