The Reserve Bank has decided to reduce the Ways and Means Advances (WMA) for States Governments and Union Territories (UTs) from Rs 51,560 crore to Rs 47,010 crore, considering the improvement in the pandemic situation.
The Reserve Bank on Thursday asked Urban Cooperative Banks (UCBs) not to create any honorary position or title such as Chairman Emeritus and Group Chairman at the board level as it results in the creation of a shadow authority.
World Health Day is celebrated worldwide every year on the 7th of April. Various programs and arrangements are managed by the World Health Organisation.
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