The RBI has imposed a monetary penalty of Rs 3 crore against ICICI Bank for violating norms related to classification, valuation and operation of investment portfolio by banks.
Around 581 Pressure Swing Adsorption medical oxygen plants will be installed in various states and NHAI will be the nodal agency for executing civil and electrical work for these facilities
A special long-term repo operations has been announced for small finance banks worth Rs 10,000 crore under a special long-term repo operations to lend to MFIs amid COVID-19 crises
The Delhi government will provide financial assistance of Rs 5,000 to auto-rickshaw and taxi drivers in the city to help them tide over the COVID-19 crisis.