The Prime Minister of India Narendra Modi and his British counterpart Boris Johnson has been unveiled an ambitious 10-year road map to elevate the India-UK bilateral relationship to a comprehensive strategic partnership.
The RBI has imposed a monetary penalty of Rs 3 crore against ICICI Bank for violating norms related to classification, valuation and operation of investment portfolio by banks.
The Individual borrowers and small businesses with loan outstanding of up to Rs 25 crore, who have not taken restructuring earlier and were standard as of March 2021, will be considered for restructuring till September 30, 2021.
A special long-term repo operations has been announced for small finance banks worth Rs 10,000 crore under a special long-term repo operations to lend to MFIs amid COVID-19 crises
EXAMIANS