1. Cooperative banks to be supervised by RBI; govt to bring an ordinance
The Union government has decided to bring 1,482 urban cooperative banks and 58 multi-state cooperative banks, under the supervisory powers of the Reserve Bank of India, said I&B minister Prakash Javadekar after a meeting of the Union Cabinet earlier today. The RBI's powers as they apply to the scheduled banks will also apply to cooperative banks, said the minister. Read on...
2. Good that Ramdev has given Covid-19 medicine, but rules matter: Minister
MoS for the Union Ayush Ministry Shripad Naik on Wednesday said