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.
In section 45ZL of the Reserve Bank of India Act, 1934, the Reserve Bank publishes the minutes of the proceedings of the meeting on the fourteenth day after every meeting of the Monetary Policy Committee.
Industrialist Ratan Tata has launched India's first Companionship Startup for senior citizens, Goodfellows, to encourage intergenerational friendships.