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.
The State Bank of India (SBI) has signed a Memorandum of Understanding (MoU) with the Border Security Force (BSF) to provide solutions for financial security to BSF personnel through the Central Armed Police Salary Package (CAPSP) Scheme.
China has signed a wide-ranging security pact with the Solomon Islands that seeks to enhance social stability and long-term tranquillity in the Islands.
Vice Chief Lt Gen Manoj Pandey is all set to take over as the Chief of Army Staff as the current Chief of Army Staff General MM Naravane, seen as the frontrunner for the post of Chief of Defense Staff, will retire by the end of this month.