A Navratna company under the administrative control of the Ministry of Power, announced it has named Ravinder Singh Dhillon as Chairman and Managing Director of the company.
The New Development Bank issued a Chinese yuan 7 billion bond (about USD 1.04 billion) in the China Interbank Bond Market with a 3-year maturity period.
Rajiv Ranjan has been appointed as the ex-officio member of the Monetary Policy Committee (MPC) by the Central Board of Directors of the Reserve Bank of India (RBI).