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.
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.
A special long-term repo operations has been announced for small finance banks worth Rs 10,000 crore under a special long-term repo operations to lend to MFIs amid COVID-19 crises