The government has raised the compensation to the kind of victims of Hit and Run Motor accidents to 2 lakh rupees in case of death which is an eight-fold increase from the current cap of 25 thousand rupees.
Singapore-based T Raja Kumar has been appointed as the chairman of the Financial Action Task Force, the world's anti-money laundering and anti-terrorism financing agency.
Bank of Maharashtra has partnered with Mahagram (a fintech company) to roll out the 'Bank Sakhi' project in Odisha. Mahagram would provide the Bank of Maharashtra with financial technology and infrastructure support to augment rural financial inclusion.