US-based Stanford University's Professor Eric A. Hanushek and Mumbai-based Dr Rukmini Banerji have been felicitated with the 2021 Yidan Prize, the world's highest education accolade.
The Reserve Bank of India has superseded the Board of Directors of Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL) under Section 45-IE (1) of the Reserve Bank of India Act, 1934.
The Centre has approved the setting up of seven new mega textile parks, or PM MITRA parks across the country to help to further the growth of the textile sector in the economy and position India strongly on the Global textiles map.
As per Section 3 of the SARFAESI Act, a company can carry the business of asset reconstruction only after obtaining a certificate of registration from RBI and, having the owned fund of not less than Rs 2 crore.