The Government of India and the Asian Development Bank (ADB) signed a $251 million loan for integrated urban flood protection and management in the Chennai-Kosasthalaiyar basin.
The Reserve Bank of India has issued revised Prompt Corrective Action (PCA) Framework for Scheduled Commercial Banks and it will be effective from January 1, 2022.
Department of Financial Services (DFS), under the finance ministry, has issued guidelines to be adopted by all public sector banks (PSBs) on Staff Accountability Framework for NPA Accounts up to Rs. 50 crore'.
EXAMIANS