- State Bank of India is planning to launch a loan product named “SAFAL” for organic cotton growers.The product Safe and Fast Agriculture Loan (SAFAL) is primarily focussed on organic cotton growers who don’t have any credit history.SBI will use Artificial Intelligence (AI) and Machine Learning (ML) for this purpose.
- As per the EASE Banking Reforms Index 2.0, Bank of Baroda has been placed at the first spot.State Bank of India and Oriental Bank of Commerce (OBC) got the 2nd and 3rd place respectively. The Indian Banking Association (IBA) makes EASE (Enhanced Access and Service Excellence) reform index.The aim of this index is to bring fruitful change in the PSBs by brining in healthy competition among these PSBs and by encouraging them to learn from each other.
- Former Lok Sabha MP and Bollywood actor, Paresh Rawal have been appointed as the new chief of National School of Drama by President Ram Nath Kovind.In a career span of over three decades, Rawal has been acknowledged with numerous awards, including the prestigious National Film Award for Best Supporting Actor in 1994.He was conferred with the Padma Shri in 2014 for his contribution to the entertainment industry.
- On 8th September 2020, The 1st World Solar Technology Summit was held virtually. The summit was inaugurated by Prime Minister of India Narendra Modi.The main objective of the summit is to pay attention to state-of-the-art technologies and next-generation technologies. Such technologies will play an important role in making solar energy more efficiently, more than 26,000 participants from 149 nations joined the summit virtually.
- The International Association for Suicide Prevention (IASP) observes World Suicide Prevention Day (WSPD) on 10 September every year.The purpose of this day is to raise awareness around the globe that suicide can be prevented. The theme for the 2020 World Suicide Prevention Day is ‘Working Together to Prevent Suicide’.The International Association for Suicide Prevention (IASP) collaborates with the World Health Organization (WHO) and the World Federation for Mental Health (WFMH) to host World Suicide Prevention Day with various activities around the world since 2003.
History on the Date:
(1972) American long distance runner Frank Shorter scores a famous win in the men’s marathon in 2:12:19.8 at the Munich Olympics