Current Affairs Sep 16, 2015

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1. UAE deports 4 from Kerala for ‘IS links’: A Hindu is among the four youths deported from the United Arab Emirates (UAE) on suspicion of being sympathisers of the Islamic State (IS), a senior government official has said.

2. Hungary looks down EU border: The right-wing Hungarian government shut the main land route for asylum-seekers into the EU, taking matters into its own hands to halt Europe’s influx of refugees.

3. British Indian on Man Booker Prize shortlist: A British author of Indian descent is one of the six novelists short-listed for the prestigious Man Booker Prize, 2015.

4. Malcolm Turnbull sworn in as Australia’s PM: Former Banker and businessman Malcolm Turnbull was sworn in as Australia’s 29th Prime Minister, becoming the country’s fifth premier in eight years after an internal revolt in the ruling Liberal Party forced Tony Abbott to quit.

5. Syndicate Bank plans Rs.3000 crore capital infusion: Syndicate Bank plans a capital infusion of about Rs.3000 crore through a combination of bonds and sale of shares to large institutional investors this year to strengthen its operations.

6. RBI may limit size of lender consortiums: The Reserve Bank of India (RBI) is considering a proposal that would limit the number of participants in a single lenders’ consortium, in a bid to encourage banks to carry out better independent credit checks and do more to chase rogue borrowers.

7. SBI Card introduces a new card for online shopping: SBI Card, a joint venture between State Bank of India and GE Capital, on Tuesday rolled out an online specific credit card — Simply CLICK — in partnership with seven e-commerce players.

8. Solar plant mandatory for all new highrises in Tamil Nadu: In yet another green initiative, the Tamil Nadu government has decided to make it mandatory for all new multistorey (more than four floors) buildings in the state to have solar power generation facility.