The World Bank has issued the world's first Wildlife Conservation Bond (WCB) or the "rhino bond", raising $150 million to help efforts to increase the endangered black rhino population in South Africa, the bank said in a statement on Thursday.
The Reserve Bank of India has imposed a penalty of Rs 93 lakh each on Axis Bank and IDBI Bank for non-compliance with certain directions issued by RBI.
The India Post Payments Bank (IPPB) has launched an initiative called Fincluvation, as a part of the occasion of the Azadi ka Amrit Mahotsav to celebrate the 75th anniversary of Indian Independence.