Reserve Bank of India (RBI) has overhauled rules for extending loans to directors of other banks and relatives of directors. As per the amendments, the central bank has allowed banks to extend personal loans up to Rs. 5 crores to directors of other banks.
The Indian Olympic Association has roped in Adani Group as a sponsor for the Indian contingent at the ongoing Tokyo Games. IOA secretary general Rajiv Mehta, who is in Tokyo, announced the development.
EXAMIANS