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.
Investigative journalist and media executive Maria Ressa of the Philippines has been named as the winner of 2021 UNESCO/Guillermo Cano World Press Freedom Prize.
EXAMIANS