India’s First Multipurpose Green Hydrogen Pilot Project

• SJVN Limited has recently inaugurated the nation's first multipurpose green hydrogen pilot project at its 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) located in Jhakri, Himachal Pradesh.
• This project aims to generate 14 kg of green hydrogen daily during an eight-hour operational period.

Rabi Sankar Re-Appointed RBI Deputy Governor

• The Appointments Committee of the Cabinet (ACC) has granted approval for the re-appointment of T. Rabi Sankar as Deputy Governor of the Reserve Bank of India (RBI) for a duration of one year, starting from May 3, 2024.
• Sankar, an experienced central banker with over three decades of service at the RBI, was initially appointed as Deputy Governor on May 3, 2021, for a term of three years.

World Intellectual Property Day 2024

• The World Intellectual Property Organization (WIPO) celebrates World Intellectual Property Day every year on April 26^th.
• This day aims to highlight the importance of intellectual property (IP) in fostering innovation and creativity.
• The official theme for World Intellectual Property Day 2024 is ‘IP and the SDGs: Building Our Common Future with Innovation and Creativity.’

Axis Bank Re-Appoints Amitabh Chaudhry as MD & CEO

• Axis Bank’s board has given the approval for Amitabh Chaudhry to continue serving as Managing Director & CEO for an additional three years, starting from January 2025, pending approval from the RBI.
• In addition, Independent Directors Meena Ganesh and Gopalaraman Padmanabhan have been re-appointed for four-year terms each.

NABARD-RBI Innovation Hub Partnership Accelerates Digital Agri Lending

• NABARD and the RBI Innovation Hub have entered into a strategic collaboration to transform agricultural lending through digitalization.
• This partnership is focused on improving loan processing efficiency and making agricultural loans more accessible to farmers throughout India.