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7th JULY 2020 CURRENT AFFAIRS


World Bank approves $400 mn for rejuvenation of river Ganga


The World Bank has signed a loan agreement of $400 million with Government of India to enhance support for the Namami Gange programme. The loan agreement aims to make the Ganga a clean and healthy river. The loan amount of $400 million comprises a loan of $381 million and a proposed Guarantee of up to $19 million. The new project will aim to stem the pollution levels in the iconic river and work towards strengthening the management of the river basin which is home to more than 500 million people.




YES Bank launches ‘Loan in Seconds’ for instant loan disbursement


YES Bank has launched a digital solution, “Loan in Seconds” for instant disbursement of retail loans. The account holders identified by the bank can avail this quick loan disbursal facility without any document.




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