The RBI has issued a notification harmonizing the rules for the appointment of urban co-operative banks (UCB) chiefs and whole-time directors (WTDs) with those of private banks.
The Andhra Pradesh Chief Minister re-launched the YSR Bima scheme with new guidelines, where the government itself will directly pay the insurance amount to the family of the deceased to make the insurance claims easier.
The Indian Army inducted the first batch of 12 indigenously designed and developed Short Span Bridging systems into the Corps of Engineers at Delhi which are designed by DRDO and manufactured by Larsen and Toubro Limited.
The government has extended the superannuation age of IPO-bound LIC Chairman to up to 62 years by making the amendment to the Life Insurance Corporation of India (Staff) Regulations, 1960.
EXAMIANS