Former NITI Aayog CEO Amitabh Kant has been named as India's new Sherpa for the G-20, replacing Piyush Goyal, Minister for Commerce & Industry and Consumer Affairs.
RBI has imposed a monetary penalty of Rs.1 crore on IndusInd Bank for non-compliance with certain directions issued by RBI on 'RBI (KYC) Directions, 2016'.