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.
Investigative journalist and media executive Maria Ressa of the Philippines has been named as the winner of 2021 UNESCO/Guillermo Cano World Press Freedom Prize.
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