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.
SEBI Chairperson Madhabi Puri Buch launched the 'Manthan', a six-week-long ideathon, in association with various institutions including BSE, NSE, NSDL, CDSL, KFintech, CAMS, LinkInTime and MCX.
Ministry of Finance oversees the 'Stand Up India Scheme', which aims to promote entrepreneurship among women, Scheduled Castes (SC) & Scheduled Tribes (ST) categories, to help them in starting a Greenfield enterprise.