30th March 2024 Daily Current Affairs
International Affairs
1. Indian-British writer’s book in inaugural Women’s Prize for Non-fiction sho
- Indian-British journalist and commentator Madhumita Murgia’s book which explores the impact of AI on human society has been shortlisted for the 2024 inaugural Women’s Prize for Non-fiction.
- The six books cover a broad range of subjects – from life writing, religion, art and history, to AI, social media and online politics.
Banking & Finance
2. Kotak Bank acquires Sonata Finance for Rs 537 cr
- Kotak Mahindra Bank has acquired NBFC Sonata Finance Pvt Ltd for Rs 537 crore.
- Sonata is operating in 10 states through 549 branches and has an Asset Under Management (AUM) of approximately Rs 2,620 crore as of December 31, 2023.
- The Bank has acquired 100 % of the issued and paid up capital of Sonata Finance Private Limited, a Non-Banking Finance Company (NBFC), a microfinance institution registered with the RBI for a total consideration of approximately Rs 537 crore.
