Current affairs 28 July 2023

Heritage Byculla Railway station received the UNESCO award 2023.

• The Byculla Railway station, a heritage site on the Central line of the Mumbai Suburban Railway, was awarded by UNESCO after its successful restoration to its original glory in July 2023.
• The project, launched in July 2019 by Shaina NC, Trustee of I Love Mumba and in memory of her father Nana Chudasama, aimed to revive the station's original architectural splendor.
• Minister for Railways, Ashwini Vaishnav congratulated Central Railway.

RBI permits banks to open vostro accounts from 22 countries.

• The Reserve Bank has permitted 20 banks operating in the country to open 92 Special Rupee Vostro Accounts (SRVAs) of partner banks from 22 countries like Bangladesh, Belarus, Botswana, Fiji, Germany, Guyana and Israel, Kazakhstan, Kenya, Malaysia, Maldives.
• Aim: To promote bilateral trade in local currencies.
• Minister of State for Commerce and Industry Som Parkash informed that an MoU has been signed between the RBI and the Central Bank of UAE in July 2023

MRPL becomes largest single-location PSU refinery in India.

• The Mangalore Refinery and Petrochemicals Limited (MRPL), a mini-Ratna CPSE PSU refinery based in coastal Karnataka has become the single largest PSU refinery in the country for the year 2022-23.
• It processed 17.14 million metric tonnes of crude oil during the past financial year.
• It processes 10 per cent of the total crude oil refined by the PSU petroleum refineries in the country.
• MRPL can process more than 250 different types of crude from around the world.

Union Home Minister Amit Shah launches "Mera Gaon Meri Dharohar".

• Union Home Minister Amit Shah launches a virtual platform, part of the unique initiative of Mera Gaon Meri Dharohar under the Azadi Ka Amrit Mahotsav at Qutub Minar in New Delhi.
• MGMD, a pan-India project under the National Mission on Cultural Mapping in coordination with the Indira Gandhi National Centre for the Arts (IGNCA)
• The main objective of the project is to culturally map India's 6.5 lakh villages on a comprehensive virtual platform

HDFC Bank overtakes SBI in CRISIL's corporate banking ranking for 2023.

• India’s largest private lender HDFC Bank has overtaken State Bank of India (SBI) to earn top spot on the list of 2023 CRISIL’s Greenwich market share Leaders in Large Corporate Banking.
• According to Coalition Greenwich many of the gains for large private sector and foreign banks came at the expense of the smaller banks.
• Indian companies are joining forces with the country’s largest banks to help fuel their drive to become bigger, more international and more efficient.