12 May 2021 Current Affairs
The RBI has excluded Lakshmi Vilas Bank from the Second Schedule of the Reserve Bank of India Act, 1934. The Lakshmi Vilas Bank was merged with which bank?
The RBI has excluded Lakshmi Vilas Bank from the Second Schedule of the Reserve Bank of India Act, 1934. The move was taken after the crisis-ridden Lakshmi Vilas Bank was merged with DBS Bank India Ltd.
Due to India's rapidly increasing Covid-19 cases, the Rajasthan government has decided to impose a complete lockdown in the state from 10th May 2021 until 24th May 2021.
The NABARD has given financial support of Rs 9,162 crore to the state during the last financial year for the development of agriculture and allied sectors amid Covid-19 pandemic.
The Steel Authority of India Ltd has regained market capitalization of Rs 50,000 crore, after its stock climbed over 80 per cent in the past one and half month.
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