25 July 2021 Current Affairs
Reserve Bank of India (RBI) has overhauled rules for extending what amount of loans to directors of other banks and relatives of directors?
Reserve Bank of India (RBI) has overhauled rules for extending loans to directors of other banks and relatives of directors. As per the amendments, the central bank has allowed banks to extend personal loans up to Rs. 5 crores to directors of other banks.
Kerala Bank has launched a loan scheme titled 'Kerala Bank Samagra' for the infrastructure development of Primary Agricultural Credit Cooperatives (PACS).
The Indian Navy and the UK Navy Aircraft Carrier Strike Group (CSG)-21 participated in a two-day bilateral Passage exercise (PASSEX) in the Bay of Bengal, led by HMS Queen Elizabeth.
The Indian Olympic Association has roped in Adani Group as a sponsor for the Indian contingent at the ongoing Tokyo Games. IOA secretary general Rajiv Mehta, who is in Tokyo, announced the development.
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