Reserve Bank of India (RBI) Governor Mr Shaktikanta Das announced Bharat Bill Payment System (BBPS) to facilitate inward gross payments for Non-Resident Indians (NRIs) to pay bills in India.
Prime Minister Narendra Modi has launched the 'India International Bullion Exchange (IIBX)', at the Gujarat International Finance Tec-City (GIFT City) near Gandhinagar, Gujarat.
The administration informed Parliament that concrete actions were taken by the RBI and government-assisted banks in recovering bad loans of more than Rs 8.6 lakh crore over the previous eight fiscal years.
EXAMIANS