The central government has amended Part II of the Flag Code of India to allow the national flag of India to be displayed in the open and on houses and buildings "day and night".
The reforms include loosening restrictions on foreign institutional investors' (FPIs') ability to invest in the debt market and raising the automated route's external commercial borrowing (ECB) cap from USD 750 million or its equivalent to USD 1.5 billion.
RBI and the Bank Indonesia (BI) signed a Memorandum of Understanding on July 16, 2022, in Bali, Indonesia, on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting to improve mutual cooperation between the two central banks.
Airtel Payments Bank will help Axis Bank digitise last-mile cash collections by utilising the broad reach of its digital-led neighbourhood banking concept.