The Reserve Bank of India has imposed a penalty of Rs 93 lakh each on Axis Bank and IDBI Bank for non-compliance with certain directions issued by RBI.
An in-principle approval letter has been issued to Maharashtra for an amount of Rs.600 crore for reviving and upgrading various ITIs/ polytechnics under the SIDBI Cluster Development Fund (SCDF).
PM-DAKSH (Pradhan Mantri Dakshta Aur Kushalta Sampann Hitgrahi) Yojana, implemented by the Ministry of Social Justice and Empowerment, is a National Plan for the skilling of marginalized persons.