As a means of cleaning up bank books, Bad Bank was established for stressed assets. The establishment of a bad bank was announced in the Union Budget. It is known as the National Asset Reconstruction Company Limited (NARCL).
At the recent 47th G7 summit, the G7 (Group of Seven) Countries proposed a 'Build Back Better World (B3W) initiative to counter China's Belt and Road Initiative (BRI).
Bank of Maharashtra and the National Bank for Agriculture & Rural Development (NABARD) has signed a Memorandum of Understanding (MoU). The MoU is to boost ongoing developmental initiatives linked to priority sector lending in Maharashtra.
The International Cricket Council (ICC) inducted Mongolia, Tajikistan, and Switzerland as members at its 78th Annual General Meeting. Mongolia and Tajikistan as the 22nd and 23rd members of the Asia region.
EXAMIANS