Due to the lender's worsening financial situation, the RBI imposed some limitations on Mumbai-based Raigad Sahakari Bank, including a withdrawal cap of Rs 15,000 per customer.
The Reserve Bank of India (RBI) published an article titled "Privatisation of Public Sector Banks: An Alternate Perspective" in the August 2022 issue of its bulletin.
The Indian Institute of Technology (IIT) Madras launched the 'Nilekani Centre at AI4Bharat' to promote the state of Indian language technology with the intention to create a societal impact.