The Individual borrowers and small businesses with loan outstanding of up to Rs 25 crore, who have not taken restructuring earlier and were standard as of March 2021, will be considered for restructuring till September 30, 2021.
The RBI has imposed a monetary penalty of Rs 3 crore against ICICI Bank for violating norms related to classification, valuation and operation of investment portfolio by banks.
With Covid-19 cases rising in Bengaluru, the Indian Air Force has decided to establish a 100-bed Covid treatment facility at its Air Force Station in Jalahalli.