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.
AP Abdullahkutty has been elected as the chairperson of the Haj Committee of India, while for the first time, two women have been chosen as its vice-chairpersons- Munnawari Begum and Mafuja Khatun.