In RBI's recent report on "Monetary Transmission in India", the share of outstanding loans related to external benchmark lending rates (EBLR-similar to repo rate) increased from as low as 2.4% in September 2019 to 28.5% in March 2021.
Amid political turmoil caused by the assassination of President Jovenel Moise, Ariel Henry on Tuesday was appointed as the new Prime Minister of Haiti.
The Arogya Rakshak, a non-linked, non-participating, regular premium, individual health insurance plan, has been introduced by the Life Insurance Corporation of India (LIC).
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