Prompt Corrective Action (PCA) refers to the watch list of weak banks, by the Reserve Bank of India. The regulator imposes restrictions like curbs on lending among others, on such banks.
Technology Major Facebook launched its largest creator education and enablement programme in India. Named "Born on Instagram" the programme includes an e-learning course, aimed at encouraging, educating and enabling creators.
According to the Union Finance Ministry' status report on India's external debt, India's External debt to GDP ratio increased marginally to 21.1% from 20.6% as of end-March 2020.
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