As a means of cleaning up bank books, Bad Bank was established for stressed assets. The establishment of a bad bank was announced in the Union Budget. It is known as the National Asset Reconstruction Company Limited (NARCL).
International Chess Day is celebrated on 20 July, since 1966. International Chess Day celebrates one of the most ancient and most popular games in history.
Former India and Mohun Bagan shot-stopper Shibaji Banerjee, who famously denied Brazil's legendary football player Pele from scoring a goal in an exhibition match in 1977, will be conferred with Mohun Bagan Ratna posthumously.