India has announced financial assistance of USD 900 million loan to Sri Lanka to help the island nation in building up its depleted foreign reserves and for food imports.
Reserve Bank of India has approved Fino Payments Bank for commencing international (Cross Border) remittance business under the Money Transfer Service Scheme (MTSS).
Insurance Regulatory and Development Authority of India (IRDAI) has chosen the following insurers as Domestic Systemically Important Insurers (D-SIIs) for 2021-22:
Bratya Basu and Khalid Hussain have won Sahitya Akademi Award 2021 for a play and collection of stories 'Sullan Da Salan', in Hindi and Punjabi language category respectively.