7 May 2021 Current Affairs
What amount of liquidity support has been announced by the RBI for the small finance banks under a special long-term repo operations to lend to MFIs amid COVID-19 crises?
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 Individual borrowers and small businesses with loan outstanding of up to Rs 25 crore, who have not taken restructuring earlier and were standard as of March 2021, will be considered for restructuring till September 30, 2021.
With Covid-19 cases rising in Bengaluru, the Indian Air Force has decided to establish a 100-bed Covid treatment facility at its Air Force Station in Jalahalli.
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.
EXAMIANS