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).
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