The Reserve Bank of India (RBI) withdrew the restrictions on American Express Banking Corp and allowed the company to onboard new customers following satisfactory compliance with data storage norms.
To bolster strategic partnership and defence cooperation, India and Vietnam have kick-started the 3rd edition of Vietnam-India bilateral army exercise "Ex VINBAX 2022".
The Reserve Bank has imposed several restrictions, including on the withdrawal of funds, on three cooperative banks in view of their deteriorating financial condition.
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