Director of the Department of Economic & Policy Research (DEPR), RBI, Dr Ashutosh Raravikar has authored a new book titled "Indian Banking in Retrospect - 75 years of Independence".
The Reserve Bank of India announced the guidelines on digital lending. The central bank has given regulated entities (RE) till November 30th to put in place adequate systems and processes to ensure that 'existing digital loans' comply with fresh lending guidelines.
Odisha government distributed Rs 869 crore to 41.85 state farmers under the Krushak Assistance for Livelihood and Income Augmentation (KALIA) scheme and assured them of additional aid for crop losses due to floods in the state.
Union minister of home affairs and minister of cooperation Amit Shah on Monday assigned homegrown dairy giant - Amul and the country's national dairy board - the National Dairy Development Board - the task to make India self-reliant in manufacturing dairy machinery.