The Reserve Bank of India has cancelled the license of Sarjerodada Naik Shirala Sahakari Bank Sangli, Maharashtra due to a lack of sufficient capital and earning potential.
Singapore's T. Raja Kumar has been elected as the next President of the Financial Action Task Force (FATF) for a period of two years, will assume office with effect.
Professor Narayan Pradhan has been selected for the 31st GD Birla Award for Scientific Research for his outstanding contribution in the field of material sciences.