Current Affairs - July 2022
On which bank did RBI impose a monetary penalty of Rs.1 crore for non-compliance with certain directions on 'Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016'?
RBI has imposed a monetary penalty of Rs.1 crore on IndusInd Bank for non-compliance with certain directions issued by RBI on 'RBI (KYC) Directions, 2016'.
The Board of Executive Directors of the World Bank has approved the financing of USD 250 million to support the "India State Support Program for Road Safety", a project by the Indian government to improve road safety.
Rajarshi Gupta has taken over as Managing Director of ONGC Videsh Ltd (OVL), the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC).
PM Narendra Modi has addressed the NIIO (Naval Innovation and Indigenisation Organisation) Seminar 'Swavlamban at Dr. Ambedkar International Centre in New Delhi.