NPPA is an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers. It acts as an independent Regulator for pricing of drugs and to ensure availability and accessibility of medicines at affordable prices.
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.
The SVC Co-operative Bank (SVC Bank) has entered into an agreement with the Small Industries Development Bank in India (SIDBI) to improve the flow of credit to MSMEs.
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