The Asian Development Bank (ADB) has joined hands with price housing financier IIFL (India Infoline) Home Finance Ltd, a subsidiary of IIFL home finance to reduce carbon emissions and preserve water and vitality in India. IIFL is the technical assistance of the program.
The Reserve Bank of India has raised the limit for collateral-free loans to Self-Help Groups (SHG) under the DAY-NRLM (Deendayal Antyodaya Yojana - National Rural Livelihoods Mission) from Rs. 10 lakhs to Rs. 20 Lakhs.
The Reserve Bank of India (RBI) has announced the launch of the 'Scheme of Penalty for non-replenishment of ATMs', as per which it will impose monetary penalties on ATMs/WLAs that run out of cash. The Scheme shall be effective from October 01, 2021.
EXAMIANS