the Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on the State Bank of India (SBI) or violating subsection (2) of section 19 of the Banking Regulation Act, 1949.
The Andhra Pradesh Legislative Assembly passed the AP Motor Vehicles Taxation (Amendment) Bill, 2021, for enhancing the tax on motor vehicles and net additional revenue of Rs.409.58 crore per annum.
The Indian Government and the Asian Development Bank (ADB) signed a $300 million loan agreement to improve primary healthcare in the urban areas of 13 states.