The Reserve Bank of India has superseded the Board of Directors of Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL) under Section 45-IE (1) of the Reserve Bank of India Act, 1934.
US-based Stanford University's Professor Eric A. Hanushek and Mumbai-based Dr Rukmini Banerji have been felicitated with the 2021 Yidan Prize, the world's highest education accolade.
As per Section 3 of the SARFAESI Act, a company can carry the business of asset reconstruction only after obtaining a certificate of registration from RBI and, having the owned fund of not less than Rs 2 crore.
The State Bank of India has partnered with the Indian Navy to launch a NAV-eCash card for the naval personnel onboard the country's largest Naval Aircraft carrier INS Vikramaditya.
The Nobel Prize in Chemistry for the year 2021 has been awarded jointly to Benjamin List (Germany) and David MacMillan (the USA) "for the development of asymmetric organocatalysis".
EXAMIANS