Lt Gen Dalbir Singh Suhag to be next Army Chief

1.    Lt Gen Dalbir Singh Suhag to be next Army Chief

i. Lt Gen Dalbir Singh Suhag will be the next Army Chief succeeding Gen Bikram Singh as the government on Tuesday appointed him to the top post, ignoring protests from BJP. 

ii. The Appointments Committee of the Cabinet, headed by Prime Minister Manmohan Singh, approved the recommendation of the Defence Ministry a day after it was received, sources said. 

iii. 59-year-old Lt Gen Suhag, a Gurkha officer, is currently the Vice Chief of Army Staff and the seniormost among the Lt Generals. 

iv. He will have a tenure of 30 months as the Chief of the force when he takes over from Gen Singh who retires on July 31. 
v. An alumnus of Sainik School, Chittorgarh, Suhag joined NDA in 1970 and was commissioned into 4/5 GR (FF) in June 1974. 

2.    Maj. Gen. Kristin Lund is first woman to lead UN force

i. Secretary-General Ban Ki-moon appointed the first woman to command a United Nations peacekeeping force a Norwegian general who has served in Lebanon, the first Gulf War, Bosnia and Afghanistan. 

ii. Norwegian Maj. Gen. Kristin Lund will replace Chinese Maj. Gen. Chao Liu on Aug. 13 as commander of about 1,000 UN peacekeepers in Cyprus, UN spokesman Stephane Dujarric announced on Monday. 

iii. Lund, 55, joined the Norwegian army in 1979 and went on her first overseas mission in 1986 as transport officer with the UN peacekeeping mission in Lebanon.

iv. She said that's where she fell in love with the United Nations and learned that "maybe the most important weapon that you have is communication and to build relations.

v. After her appointment as Norway's first female major general in 2009, she took over command of 45,000 light infantry troops as chief of staff of the Norwegian Home Guard. In January, she was chosen to head veterans affairs on the Norwegian Defense Staff. 

3.    Govt likely to infuse additional capital of up to Rs. 8000 crore in public sector banks

i. The government is likely to infuse an additional capital of upto 8,000 crore rupees in the public sector banks during the current fiscal, to expand their capital base. 

ii. This was disclosed by Financial Services Secretary GS Sandhu in New Delhi yesterday. He said, a provision of 11,500 crore rupees have been made in the interim budget. The government had infused 14,000 crore rupees in PSU banks during the last financial year.

iii. According to RBI, Indian PSU banks will require an additional capital of five lakh crore rupees to meet the new global banking norms.

iv. He said, the gross NPAs in January to March quarter in 2013-14, came down to 4.44 per cent from 5.07 per cent in the previous quarter of October-December of the same fiscal. 
v. The Secretary said, the banks may go for change in management of the parties who wilfully do not clear their dues.