The Reserve Bank of India has approved the appointment of Baldev Prakash as Managing Director and CEO of J&K Bank for three years from the date of taking charge or April 10, 2022, whichever is earlier.
Beijing-based multilateral development bank Asian Infrastructure Investment Bank (AIIB) and the Asian Development (ADB) will co-finance a USD 2 billion loan for India to procure COVID-19 vaccines under ADB's Asia Pacific Vaccine Access Facility (APVAX).
ICGS Sarthak is fourth in the series of five Offshore Patrol Vessels (OPVs) being built by Goa Shipyard Limited for the ICG, to boost maritime safety and security of India.