The Reserve Bank of India has imposed a penalty of Rs 93 lakh each on Axis Bank and IDBI Bank for non-compliance with certain directions issued by RBI.
The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the continuation of the Atal Innovation Mission (AIM) for a further period till March 2023.
Asian Development Bank and HSBC India have signed an agreement to establish a USD 100 million partial guarantee programme to support more than 4,00,000 micro-borrowers and mostly women-run micro-enterprises across India.
EXAMIANS