*Daily Current Affairs One-Liner: October 11*

- The Reserve Bank of India (RBI) has imposed monetary penalties on 5 cooperative banks for deficiencies in regulatory compliance, These co-operative banks are: SBPP Co-operative Bank Limited - ₹13 lakh, The Sahayadri Sahakari Bank Ltd - ₹6.00 lakh, Rahimatpur Sahakari Bank Ltd - ₹1.00 lakh, The Gadhinglaj Urban Co-operative Bank Ltd - ₹3.00 lakh, The Kalyan Janata Sahakari Bank Ltd - ₹4.50 lakh.

- Reserve Bank of India (RBI) Governor Shaktikanta Das released the 4th bi-monthly monetary policy for 2023-24.
- The Reserve Bank of India (RBI) has raised the limit for gold loans under the Bullet Repayment Scheme from ₹2 lakh to ₹4 lakh for Urban Co-operative Banks (UCBs) that have met their target and sub-targets under Priority Sector Lending (PSL) as of March 31, 2023.
- The Reserve Bank of India’s (RBI) decision to consider Open Market Operations (OMO) sale of government securities is a significant tool in its arsenal for managing liquidity in the financial system.
- Reserve Bank of India (RBI) has allowed Non-Banking Financial Companies (NBFCs) classified as middle and base layer entities, to utilise credit risk mitigation tools to offset their exposure with eligible credit risk transfer instruments.
- The 8th BRICS International Competition Conference will be held in New Delhi.
- Principal Scientific Advisor to the Government of India Ajay Kumar Sood inaugurated the Bharat NCX 2023.
- NLC India Limited, a Navratna Central Public Sector Undertaking (CPSE) under the Ministry of Coal has won 810 MW Solar PV project capacity from Rajasthan Rajya Vidyut Nigam Limited.
- Union Minister for Fisheries, Animal Husbandry and Dairying Shri Parshottam Rupala will inaugurate the 16th Agricultural Science Congress (ASC) at Hotel Le Meridien, Kochi, Kerala.
- President Smt Droupadi Murmu inaugurated an International Research Conference on ‘From research to impact: Towards Just and Resilient Agri-Food Systems’.
- GST collection increased to ₹1.63 lakh cr in September year-on-year.
- Tanzania President Dr Samia Suluhu Hassan was conferred with an Honorary Doctorate by Jawaharlal Nehru University for her pivotal role in fostering stronger India-Tanzania relations.
- Indian-origin professor Dr Joyeeta Gupta has received the Spinoza Prize, the highest distinction in Dutch science for her work in the field of climate change at a ceremony in the Netherlands.
- India and Saudi Arabia have agreed to promote investments in each other’s country in the new and renewable energy sector.
- Sri Lanka is set to take over the chairmanship of the Indian Ocean Rim Association (IORA) during the 23rd Council of Ministers' Meeting, which is scheduled for October 11, 2023, in Colombo.
- President Vladimir V. Putin claimed that Russia had successfully tested the Burevestnik missile.
- The Delhi government has established a 'green war room' with the aim of addressing air pollution by implementing a 24x7 monitoring system and the Winter Action Plan.
- Ramaswamy N has been appointed as the Chairman and Managing Director (CMD) of General Insurance Corporation of India (GIC Re).
- The Indian Navy, in collaboration with the State Bank of India (SBI), introduced the 'Nav-eCash' card, an innovative e-cash card designed to function in both online and offline modes, even at sea without direct connectivity to the bank.
- Air India has successfully acquired its inaugural A350-900 aircraft through a finance lease transaction facilitated by HSBC, with the transaction taking place within the Gujarat International Finance Tec-City (GIFT City).
- International Day of Girl Child 2023 will occur on October 11.

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📚October 12 2023 - Current Affairs📚
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