SIRC 26
Indian
Maha: 64 kin of victims of twin landslides in Raigad receive Rs 5 lakh compensation each
RBI to penalise banks for non-availability of cash in ATMs from Oct 1
In this connection, it said a review of downtime of ATMs due to cash-outs was undertaken and it was observed that ATM operations affected by cash-outs lead to non-availability of cash and cause avoidable inconvenience to the members of the public.
It has, therefore, been decided that the banks/ White Label ATM Operators (WLAOs) will strengthen their systems/ mechanisms to monitor the availability of cash in ATMs and ensure timely replenishment to avoid cash-outs, the central bank said.
”Any non-compliance in this regard shall be viewed seriously and shall attract monetary penalty as stipulated in the ‘Scheme of Penalty for non-replenishment of ATMs’,” the RBI said.
Punjab govt to cover 8.5 lakh farming families under health insurance scheme
Punjab Mandi Board Chairman Lal Singh. added that the Board would pay the entire premium for the insurance cover of all the farmers, who will get cashless treatment facility up to Rs 5 lakh per annum.
He further said all these farmers and their families will now be covered with effect from August 20, 2021.
Will RBI joining NGFS help in climate finance?
The 22nd Financial Stability Report (FSR22) of the RBI had, about the “climate-related risk” that the value of financial assets/liabilities could be affected either by continuation in climate change (physical risks), or by an adjustment towards a low-carbon economy (transition risks). The manifestation of physical risks could lead to a sharp fall in asset prices and increase in uncertainty, it said.
International
Royal Caribbean cruises faces potential liability for New Zealand volcano deaths
Cruise ship passengers were among the tourists on White Island on Monday when it erupted. While no lawsuits have yet been filed, legal experts said they expected action in U.S courts by injured passengers and families of those who died.There were 47 people on the island at the time. Eight have been officially declared dead and more than 20 are being treated for severe burns
Shipping industry and insurers face uncertain new fuel risks and rule
Swiss health startup dacadoo secures funding for its global growth
Boeing 737 MAX Planes to Remain Grounded Rest of This Year: FAA
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