India has been ranked at 51st position in terms of money parked by its citizens and enterprises with a Swiss bank in 2020, as per the data released by Swiss National Bank.
As per the World Investment Report 2021 by the UN Conference on Trade and Development, India was the fifth-largest recipient of FDI inflows in the world in 2020.
The RBI has approved Centrum Financial Services Limited which will take over the Punjab & Maharashtra Co-operative Bank Ltd., Mumbai (PMC), and re-launch it as a Small Finance Bank.
EXAMIANS