The RBI has approved the appointment of former Comptroller and Auditor General Vinod Rai as the Independent Chairman of Unity Small Finance Bank Limited (Unity Bank).
The name of YES Asset Management has been rechristened as WhiteOak Capital Asset Management and therefore the name of YES Mutual Fund has been changed to WhiteOak Capital Mutual Fund.
India Ratings and Research (Ind-Ra) has projected the real gross domestic product (GDP) growth rate of the Indian economy to grow at 7.6 per cent year-on-year in 2022-23 (FY23).