1. Reserve Bank of India (RBI) has imposed the restrictions on the business activities of City Co-operative Bank Ltd.
2. First-ever India-South Africa business summit will be held in Johannesburg, South Africa.
3. Sanjay Bhattacharya has been appointed as the next Ambassador of India to Turkey.
4. Private sector lender Yes Bank has received approval from the Reserve Bank of India (RBI) to have presence in London and Singapore to support the diaspora business and also international trade.
5. The Cabinet Committee on Economic Affairs chaired by the Prime Minister, Shri Narendra Modi gave its approval for restructured Centrally Sponsored Scheme of Rashtriya Gram Swaraj Abhiyan (RGSA).
6. The Reserve Bank of India has updated its master direction on KYC - Know Your Customer - norms, making Aadhaar key for the due diligence process at banks and financial institutions.
7. The Union Cabinet today approved a proposal to promulgate Fugitive Economic Offenders Ordinance 2018 that provides for confiscating properties and assets of economic offenders like loan defaulters who flee the country.
8. Indian animation pioneer and multiple National Award winner Bhimsain Khurana had passed away. He was 82.
