Reserve Bank of India (RBI) has overhauled rules for extending loans to directors of other banks and relatives of directors. As per the amendments, the central bank has allowed banks to extend personal loans up to Rs. 5 crores to directors of other banks.
Indian Institute of Technology, Kanpur (IIT-K) has launched the first technology innovation hub to find cybersecurity solutions for anti-drones technologies, intrusion detection systems, block-chain and cyber-physical systems.