HDFC bank becomes the first bank in India to issue an Electronic Bank Guarantee (e-BG) in partnership with National E-Governance Services Limited (NeSL).
Indian Army chief General Manoj Pande was conferred the title of Honorary General of the Nepali Army by Nepal President Bidya Devi Bhandari in Kathmandu.
The Finance Ministry constituted an expert committee headed by former SEBI chief M. Damodaran to examine and suggest measures to address regulatory issues to scale up investments by venture capital (VC) and private equity (PE).