Daily GK Current Affairs viable of 26th February 2022

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Daily GK Current Affairs News viable of 26th February 2022. – Here is the Regular current affairs viable of 26th February 2022 covering the following news headlines: International IP Index 2022, Mirabai Chanu, EX DHARMA GUARDIAN-2022, Union MSMERuPay Credit Card, Brickworks Ratings, Standard Chartered.

Daily Current Affairs update are incorporated with the important news that made the current affairs headlines for competitive exams. Daily Current Affairs Update is the complete box of the important news that held all day long. One should have complete knowledge about banking terms, current affairs news, etc.

So, here is the GK update of 26th February 2022 to help you prepare the Current affairs part. After reading this section, you can successfully attempt current affairs quiz.

Table of Contents

Here current affairs have been categorized which is as follows

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National News
Business News
Banking News
Sports News
Obituaries News

National News

MSME Technology Centre to be set up in Sindhudurg

The Union Minister for Micro, Small and Medium Enterprises (MSME), Narayan Rane has announced the setting up of MSME-Technology Center with an outlay of Rs. 200 crores, in Sindhudurg, Maharashtra.
MSME-Technology Center will provide best technology, incubation as well as advisory support to the industry, especially MSMEs to enhance their competitiveness and provide skilling services to the employed and unemployed youth of the sector to enhance their employability.
The Ministry is presently focused on creating a benchmark for MSMEs across the country by taking them to new heights in terms of exports, quality of products, contribution to GDP and providing world class infrastructure to all MSMEs in India.

Business News

Standard Chartered tie up with IATA for payment platform for airline industry

Global banking group Standard Chartered has partnered with the International Air Transport Association (IATA) to launch a payments platform for the airline industry in India.
IATA Pay will be a new payment option that enables participating airlines to provide instant payment options like UPI Scan and Pay and UPI Collect (Request to Make Payment). Standard Chartered will support the rollout of IATA Pay in other markets as well.
IATA Pay in India is powered by Standard Chartered’s Strat2Bank Pay, a payments platform that helps online merchants digitize collections through multiple payment options through a single global connectivity.

Bharti Airtel to acquire 4.7% stake of Vodafone in Indus Towers

Bharti Airtel has decided to acquire an additional 4.7 per cent stake in Indus Towers from Vodafone Group, the company announced. The two companies signed an agreement on the condition that Vodafone will use the proceeds to invest in Vodafone Idea (Vi) and the latter will clear its pending dues with Indus Towers.
In addition, Airtel is also protected with a capped price, which is lower than the price for the block of Indus shares sold by Vodafone on February 24. This shall be value accretive to Airtel and protect its existing significant shareholding in Indus Towers. With the acquisition, Airtel’s shareholding in Indus Towers will increase to 46.4 per cent. Vodafone holds a 28.1 per cent stake in the company at present and its shareholding will reduce to 21 per cent.

Banking News

Union Bank launches ‘Union MSMERuPay Credit Card’

Union Bank of India in association with National Payments Corporation of India (NPCI) has launched ‘Union MSME RuPay Credit Card’. It is a first of its kind initiative in the industry, which provides simplified and digital delivery of finance to Micro, Small and Medium Enterprises (MSMEs) to meet their business related operating expenses.
The Dedicated Card for MSMEs will be available to eligible borrowers of Union Bank of India. The Central MSME RuPay Credit Card was launched by the Union Minister for Micro, Small and Medium Enterprises Shri Narayan Rane in a two-day MSME conference to be organized in Sindhudurg district of Maharashtra on February 25, 2022.

Important takeaways for all competitive exams:

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Union Bank of India Headquarters: Mumbai;
Union Bank of India CEO: Rajkiran Rai G.;
Union Bank of India Founded: 11 November 1919, Mumbai.

Sports News

Mirabai Chanu wins gold at Singapore Weightlifting International

Indian weightlifter and 2020 Tokyo Olympics silver medalist, Mirabai Chanu has won the gold medal in the 55kg weight category at the Singapore Weightlifting International 2022 on February 25, 2022.
Chanu lifted 191 kg (86 kg + 105 kg) to stand at the top of the podium. With this win, 27-year-old Chanu has qualified for the 2022 Commonwealth Games (CWG) in Birmingham in the 55kg weight category. She has also qualified for Commonwealth Games in 49kg weight category based on Commonwealth ranking.

Obituaries News

Odisha’s first tribal CM Hemananda Biswal passes away

Hemanand Biswal, the first tribal chief minister of Odisha as well as the last Congress chief minister of the state, passed away. He was 82 years old. Bhuyan Adivasi Biswal of Jharsuguda district served as Chief Minister twice from 1989 to 1990 and from 1999 to 2000.
In December 1999, he was again made the chief minister, when the then chief minister Giridhari Gamang was replaced due to his failure in relief and rehabilitation measures after the 1999 super cyclone that ripped through the Odisha coast.

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