An in-principle approval letter has been issued to Maharashtra for an amount of Rs.600 crore for reviving and upgrading various ITIs/ polytechnics under the SIDBI Cluster Development Fund (SCDF).
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.
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the continuation of the Atal Innovation Mission (AIM) for a further period till March 2023.