The Indonesian navy submarine 'KRI Nanggala (402)', that went missing in the waters off the coast of Bali Island, is reported to be found split into three pieces on the sea bed, at a depth of 850 meters.
The Shivalik Small Finance Bank Limited has received the licence from RBI under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India.
The NDB priced its 5-year USD 1.5 billion benchmark bond. This transaction is the third USD benchmark bond offering of the Bank in the international markets.
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