current affairs 12 August 2022

Justice Uday Umesh Lalit appointed as 49th Chief Justice of India.

• President, Droupadi Murmu has approved the appointment of Justice Uday Umesh Lalit as the 49th Chief Justice of India for three months.
• He will replace CJI Justice N V Ramana, who will retire on 26th August 2022.
• He was appointed as Judge of the Supreme Court (SC) in August 2014.
• He will be the second CJI to be directly elevated to SC from the Bar, after Justice S.M. Sikri (13th CJI).
• He was enrolled as an Advocate by the Bar Council of Maharashtra and Goa in 1983.

Russia successfully launches Iran's satellite into orbit.

• A Russian rocket has successfully launched an Iranian satellite named Khayyam, into orbit by the Soyuz rocket from the Russia-leased Baikonur launch facility in Kazakhstan.
• The name of satellite was named after Omar Khayyam, a Persian scientist who lived in the 11th and 12th centuries.
• The satellite fitted with high-resolution camera will be used for environmental monitoring and will remain fully under its control.

IDFC FIRST Bank joins hands with LetsVenture to support startups.

• IDFC FIRST Bank and LetsVenture have partnered to support the startup ecosystem by providing curated products and solutions to startups (founders and investors).
• IDFC FIRST Bank provides customised solutions to start-ups under its FIRST WINGS programme.
• With this, it makes IDFC FIRST Bank a preferred banker to all startups on LetsVenture's Scalix.
• LetsVenture's Scalix is a newly launched platform that supports the startUp ecosystem.
• IDFC FIRST CEO: V. Vaidyanathan

RBI issues Digital lending norms to curb malpractices.

• RBI has issued the regulatory framework to make digital lending safe for customers.
• The RBI has mandated that digital loans must be credited directly in the bank accounts of borrowers and not through any third party.
• Any fees, charges, payable to Lending Service Providers in the credit intermediation process shall be paid directly by Regulated Entities and not by the borrower.
• Automatic increase in credit limit without explicit consent of borrower is prohibited.

Manisha Kalyan, Sunil Chhetri named AIFF Footballers of the Year 2021-22.

• National captain Sunil Chhetri has been named the AIFF Men's Footballer of the Year for the seventh time, while Manisha Kalyan named the AIFF women's footballer for the 2021-22 season.
• Chhetri and Kalyan were nominated as the winners by their respective national team coaches Igor Stimac and Thomas Dennerby.
• He is the third highest goal scorer among active international players.
• Emerging Footballer of the Year:
• Women: Martina Thokchom
• Men: Vikram Partap Singh