1. Arun Jaitley launches Pradhan Mantri Vaya Vandana Yojana pension scheme with 8% fixed rate
i. Finance Minister Arun Jaitley formally launched Pradhan Mantri Vaya Vandana Yojana (PMVVY), a pension scheme exclusively for senior citizens with 8% fixed rate of interest on their savings.
- Present chairman of LIC is V K Sharma.
i. Bank of Baroda has entered into an agreement with Directorate General of Supplies & Disposal (DGS&D) for extending various banking services to Government e-Marketplace (GeM).
- MD and CEO of Bank of Baroda is P. S. Jayakumar.
- Headquarter of Bank of Baroda is in Vadodara.
i. India’s Karamjyoti Dalal has won bronze medal at the World Para Athletics Championships 2017 in the discus-throw. In the women’s F55 category of discus-throw, she managed a throw of 19.02 m.
- The first IPC Athletics World Championships were held in Berlin, Germany in 1994.
i. Kerala will be hosting the fifth edition of South India Writers Ensemble (SIWE) at Chengannur, a town in Kerala’s coastal Alappuzha district from 24 July 2017.
- Chief Minister of Kerala is Pinarayi Vijayan.
- Governor of Kerala is Palaniswamy Sathasivam.
i. Sanjay Kothari, Chairman of Public Enterprises Selection Board, has been appointed as Secretary to President-elect Ram Nath Kovind.
- Kovind will be sworn in as the 14th president of India on July 25.
i. Senior diplomat and External Affairs Ministry spokesperson Gopal Baglay appointed as Joint Secretary in the Prime Minister’s Office.
- Gopal Baglay has been appointed in place of Vinay Mohan Kwatra, who has been already named as India’s Ambassador to France.
i. Sports Minister Vijay Goel and Road Transport and Highways Minister Nitin Gadkari today flagged off the 10th Slum Yuva Daud at Khichripur in New Delhi.
- Chief Minister of Delhi is Arvind Kejriwal.
i. Karnataka Bank, in association with its PNB MetLife, has launched Met Loan and Life Suraksha (MLLS), a single premium plan covering the loan liability of a customer.
- MD and CEO of Karnataka Bank Mahabaleshwara M.S.
- Sameer Bansal is the Director of PNB MetLife.
i. State Bank of India (SBI), the Carlyle Group and GE have announced that they have signed definitive agreements, whereby SBI and Carlyle Group will acquire GE Capital’s entire stake in SBI Card, the second-largest credit card franchise in India.
- Chairman of SBI is Arundhati Bhattacharya.
- Headquarter of SBI is in Mumbai.