Two banks have already shown interest. Bank of Baroda and ICICI Bank's applications have come, Axis Bank's is a work-in-progress, and a consortium led by Union Bank and Daiichi is also exploring participation, PFRDA chairman Sivasubramanian Ramann said.
Mizuho Bank aims to build a Japan-India investment corridor using its banking strength and the Avendus Capital acquisition, as CEO Masahiko Kato highlights rising Japanese investor interest and Indias growing strategic appeal.
A woman and two Chicago police officers were injured when a squad car hit a CTA bus traveling through the Ukrainian Village neighborhood, Chicago police said.
The Reserve Bank of India is introducing new rules to make credit more accessible. Banks will no longer need 'no dues' certificates from borrowers. A quarter of new bank branches will open in smaller towns. Lenders must maintain a high credit-deposit ratio in rural areas. These changes aim to boost credit flow and financial inclusion across India.
A 44-year-old man was riding a CTA Green Line train when he was stabbed in the face by another passenger in the Grand Boulevard neighborhood, Chicago police said.
