The Union Cabinet chaired by Prime Minister Narendra Modi approved an interest subvention of 1.5 percent per annum on short-term agriculture loans up to Rs 3 lakh to ensure "adequate credit flow in the agriculture sector".
Reserve Bank of India (RBI) Governor Mr Shaktikanta Das announced Bharat Bill Payment System (BBPS) to facilitate inward gross payments for Non-Resident Indians (NRIs) to pay bills in India.
Parshottam Rupala, Union Minister for Fisheries, Animal Husbandry and Dairying, launched the Online Market Place feature 'Aqua Bazaar' in the 'MatsyaSetu' mobile app.
Financial Services Institutions Bureau (FSIB) has recommended Mohammad Mustafa for the post of National Bank for Agriculture and Rural Development Chairman.