Top Best Current Affairs 3 November 2020 (2)

New Delhi: Axis Bank on Friday announced a revised stake acquisition agreement with Max Financial. According to the revised agreement, Axis Bank will acquire up to 9% of the equity share cap of Max Life. The bank's subsidiaries Axis Capital Limited and Axis Securities Limited (together 'Axis Entities') will together acquire up to 3% of equity of Max Life. Axis Entities will have a right to acquire an additional stake of up to 7%.

India-based private sector lender RBL Bank has launched instant payouts for fintech firms by partnering with payments giant Visa. Under this partnership, the bank will leverage Visa's real-time push payments platform Visa Direct, across the country. Visa Direct facilitates instant, real-time fund settlement through debit and credit cards. It will allow RBL Bank to create technology-led banking solutions catering to the growing needs of merchants and partners. Further, this will enable fintech firms to create digital payment solutions for the end customers.

All over the world, October 31 is observed as 'World Thrift Day.' As its alternate name 'International Day of Savings' suggest, this is an important day to remember for each and every one of us. It is dedicated to the promotion of savings and how imperative it is to know more about the same. In India, this day is celebrated on October 30.

Although there are still five months for the year to end, NABARD- Goa said that it had completed its targeted loan sanction under the Rural Infrastructure Development Fund (RIDF) to the state for 2020-21. The development financial institution disclosed that loans worth Rs 85.04 crore were sanctioned during the year to the Goa government under RIDF for various social infrastructure projects.

In West Bengal, Kolkata will soon feature India's first "Tyre Park", where artworks made from scrap and defective parts will be on display. The West Bengal Transport Corporation will launch this Tyre Park.

World Vegan Day is observed globally on 1st November every year. This day is celebrated to spread benefits of veganism for humans, non-human animals, and the natural environment. Vegan Day is an opportunity to promote the benefits of a vegan diet and veganism in general.

The Indian Air Force (IAF) successfully test-fired an air-launched version of the BrahMos supersonic cruise missile from a Sukhoi fighter aircraft in the Bay of Bengal. The aircraft took off from an airbase in Punjab & reached the Bay of Bengal after mid-air refuelling.

Indian boxers Amit Panghal, Sanjeet and Ashish Kumar have won gold medals at the recently concluded Alexis Valentine International Boxing Tournament held in Nantes, France. The tournament was the first international event that Indian boxers were a part of since the lockdown.