The Union Cabinet has approved USD 808 million (INR 6,062.45 crore) for a new scheme 'Raising and Accelerating MSME Performance' (RAMP). The new scheme assisted by the World Bank is expected to commence in the financial year of 2022-23.
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.
Union Minister for Ports, Shipping and Waterways and AYUSH Sarbananda Sonowal has announced to organize the first Incredible India International Cruise Conference-2022 in Mumbai, Maharashtra.
The Securities and Exchange Board of India (SEBI) has launched an Ideathon named 'Manthan', for supporting new ideas and innovations in the securities market.
EXAMIANS