The New Development Bank issued a Chinese yuan 7 billion bond (about USD 1.04 billion) in the China Interbank Bond Market with a 3-year maturity period.
The Reserve Bank of India (RBI) in a sudden move on May 4, 2022, increased the policy repo rate by 40 basis points to 4.40 percent with immediate effect.
The pilot project envisages training for about 250 beneficiaries of 17 clusters of 17 districts selected from six states of India- Madhya Pradesh, Chhattisgarh, Gujarat, Rajasthan, Maharashtra and Odisha.
BJP leader and former Union minister Vijay Sampla has been appointed as the chairperson of the National Commission for Scheduled Castes (NCSC) for a second time.
Northern Arc Capital Limited, a non-banking finance company (NBFC) that serves the credit needs of underserved households and businesses, has formed a strategic alliance with Indian Bank.