Tamil Nadu Chief Minister M.K. Stalin has launched the Moovalur Ramamirtham Ammaiyar Higher Education Assurance scheme titled 'Pudhumai Penn' at a function in Chennai.
The Reserve Bank of India announced the guidelines on digital lending. The central bank has given regulated entities (RE) till November 30th to put in place adequate systems and processes to ensure that 'existing digital loans' comply with fresh lending guidelines.
The Indian Government, along with the Reserve Bank of India (RBI), has prepared an action plan for the facilitation of special rupee accounts for trade settlements.