The Government has released Rs 8,257.88 crores to Indian States and Union Territories (UTs) towards the India COVID-19 Emergency Response and Health System Preparedness Package during 2020-21.
The Reserve Bank of India has cancelled the licence of Madgaum Urban Co-operative Bank Limited, Margao, Goa, as the bank with its current financial position would be unable to pay its present depositors in full.