The RBI has imposed a monetary penalty of Rs 3 crore against ICICI Bank for violating norms related to classification, valuation and operation of investment portfolio by banks.
With Covid-19 cases rising in Bengaluru, the Indian Air Force has decided to establish a 100-bed Covid treatment facility at its Air Force Station in Jalahalli.
The RBI Governor Shaktikanta Das has announced a Covid-19 healthcare package of Rs 50,000 crore to entities for access to emergency health security during the second wave of Covid-19.