Commodore Kasargod Patnashetti Gopal Rao, a 1971 war hero and recipient of the Mahavir Chakra, passed away. Rao was a recipient of the Veer Seva Medal also.
The Lok Sabha passed a bill that provides account holders security of their money by allowing access to up to Rs 5 lakh within 90 days of a bank coming under a moratorium imposed by RBI.