The Reserve Bank on Thursday asked Urban Cooperative Banks (UCBs) not to create any honorary position or title such as Chairman Emeritus and Group Chairman at the board level as it results in the creation of a shadow authority.
Prime Minister Narendra Modi releases a commemorative coin and postage stamp on the occasion of the 400th Parkash Purab celebrations at Red Fort, Delhi.
The World Trade Organization (WTO) has downgraded its forecast for global GDP growth in Financial Year 2022 to 2.8 percent from the previously predicted 4.1 percent.
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