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1.Economy

‘Home Utsav’, a virtual property exhibition, launched by ICICI Bank

1 5 Daily Current Affairs Update | 07 September 2020

ICICI Bank has launched a virtual property exhibition ‘Home Utsav’ for both outsiders and customers.

It will showcase real estate properties from prominent developers virtually

The exhibition can be accessed on www.homeutsavicici.com.

Quick Fact: ICICI Bank’s taglines are Khayal Apka and Hum hai na.

2.Person in News

S Krishnan appointed new MD & CEO of Punjab & Sind Bank

2 5 Daily Current Affairs Update | 07 September 2020

Appointments Committee of the Cabinet (ACC) has approved the appointment of S Krishnan as the Managing Director and Chief Executive Officer of Punjab & Sind Bank.

Prior to this, he was Executive Director of Canara Bank.

He will be replacing S Harishankar in this post.

Quick Fact: The tagline of Punjab & Sind Bank is Where Service is a Way of Life

3.Person in News

Murali Ramakrishnan appointed new MD & CEO of South Indian Bank

3 5 Daily Current Affairs Update | 07 September 2020

RBI has approved the appointment of Murali Ramakrishnan as Managing Director and CEO of the South Indian Bank

Prior to this he was an advisor at South Indian Bank and Senior General Manager, Strategic Project Group, ICICI Bank.

Quick Fact: The tagline of South Indian Bank is Experience Next Generation Banking

4.Sports

P Iniyan wins World Open Online Chess Tournament

4 5 Daily Current Affairs Update | 07 September 2020

Indian Grandmaster P Iniyan has won the prestigious 48th Annual World Open online chess tournament

He won against 120 players from 16 countries including more than 30 grandmasters

He defeated Grandmasters Baadur Jobava of Georgia, Sam Sevian, Sergey Erenburg of USA and Nyzhyk Illia of Ukraine.

5.Miscellaneous

New book launch: Let Us Dream: Authored by Pope Francis

5 5 Daily Current Affairs Update | 07 September 2020

The book narrates three major crisis from the pope’s life to show how a crisis can teach an individual to deal with problems they face in their lives

It is in the form of exchanges between Pope Francis and his biographer Austen Ivereigh

The book will be released in December 2021.

6.Defence and Security

Indra Navy maritime exercise conducted between India and Russia

6 3 Daily Current Affairs Update | 07 September 2020

The 11th edition of a biennial bilateral maritime exercise, Indra Navy, was conducted by Indian and Russian navies.

The exercise took place in the Bay of Bengal

It seeks to work on the interoperability of the two navies and improve the understanding as well as the procedures for multi-faceted maritime operations

Quick Fact: Russian Ruble is the currency of Russia


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