The Reserve Bank of India (RBI) has announced the launch of the 'Scheme of Penalty for non-replenishment of ATMs', as per which it will impose monetary penalties on ATMs/WLAs that run out of cash. The Scheme shall be effective from October 01, 2021.
The Reserve Bank of India has raised the limit for collateral-free loans to Self-Help Groups (SHG) under the DAY-NRLM (Deendayal Antyodaya Yojana - National Rural Livelihoods Mission) from Rs. 10 lakhs to Rs. 20 Lakhs.
The Indian Navy has inked a Memorandum of Understanding (MoU) with the Infrastructure Development Finance Company (IDFC) FIRST Bank to initiate 'Honour FIRST', a premium banking solution for serving personnel and veterans of the Indian Navy.
The Supreme Court of India has fined 8 parties including BJP and Congress for non-compliance with its order on making public criminal records of candidates.
UNICEF India and Facebook have launched a one-year joint initiative on ending violence against children with a special focus on online safety. The partnership seeks to create a safe environment for children online and offline.
The Reserve Bank of India (RBI) has started a public awareness campaign to warn people against digital banking frauds. For the new campaign, RBI has roped in Olympic Gold medalist Neeraj Chopra.
EXAMIANS