The Financial Services Institutions Bureau (FSIB) has recommended G Rajkiran Rai for the position of Managing Director at the National Bank for Financing Infrastructure and Development (NaBFID).
The measures include easing norms for FPI investment in the debt market, and increasing the External Commercial Borrowing (ECB) limit under the automatic route from USD750 million or its equivalent per financial year to USD 1.5 billion.
Maharashtra's Maha Metro and the Centre's National Highway Authority of India (NHAI) received the Asia Book of Records and India Book of Records certifications.
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