The Reserve Bank of India (RBI) has approved an extension in the tenure of Murli M Natarajan as the managing director and chief executive officer (MD & CEO) of DCB Bank for a period of two years.
State Bank of India (SBI) has raised 3-year funds of $500 million (over Rs 3,800 crore) through a syndicated loan facility at "very fine pricing" through its IFSC Gift City branch.
Ministry of Road, Transport and Highways will help in providing instant information related to road accidents and in claims of accident compensation To help speed up the e-DAR has been developed in consultation with various insurance companies.