World Bank offers additional $4.3 billion aid to India

World Bank offers additional $4.3 billion aid to India      International organization, World Bank has offered additional $4.3 billion aid to Indiathrough the International Bank for Reconstruction and Development(IBRD) for funding the poverty alleviation initiatives in the country.      The International Bank for Reconstruction and Development is a unit of the World Bank focused on middle-income lending. India, which is […]

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RBI to compensate banks to promote banking inclusion in North-East

RBI to compensate banks to promote banking inclusion in North-East      The Reserve Bank of India has said that it will compensate 100 per cent revenue loss to banks for five years to encourage financial inclusion in the North-East regionin the country.     RBI Deputy General Manger T Jamang said that under the plans, a banking […]

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