The RBI has constituted a six-member panel to carry out comprehensive review of the working of Asset Reconstruction Companies in the financial sector ecosystem. The panel will be headed by former Executive Director of RBI, Sudarshan Sen.
The Government has approved Rs. 945 Crore corpus for the fund, which will be divided over the next 4 years beginning April 01, 2021, for providing seed funding to eligible startups through eligible incubators across India.
The United Kingdom has added India to its travel "red list" on a precautionary basis. This came after the nation reported 103 cases of a coronavirus variant that was first identified in India.
EXAMIANS