Due to the lender's worsening financial situation, the RBI imposed some limitations on Mumbai-based Raigad Sahakari Bank, including a withdrawal cap of Rs 15,000 per customer.
Air India has introduced a new policy, under which it will provide an extension of service to select pilots on a contract basis for a period of 5 years after retirement.
Ananth Narayan Gopalakrishnan, an associate professor at SP Jain Institute of Management and Research (SPJIMR), has been appointed a whole-time member of the Securities and Exchange Board of India (SEBI).
Paytm, a digital financial services company, announced that it has partnered with Samsung stores across India to enable smart payments and its loan service Paytm Post-paid through the deployment of point-of-sale devices.