IT has been reported that the State Bank of India (SBI) has signed up with the Reliance Money Infrastructure (RMIL), an Anil Arnbani group company, a 'business correspondent' deal to source a range of banking services. The deal authorises the RMIL to identify borrowers; collect, process, and submit loan applications; promote credit groups; and take up post-sanction monitoring, follow-up and recovery. As the service provider, the RMIL will also collect small-value deposits; sell micro-insurance, mutual fund and pension products; and receive and deliver small-value remittances.

The Polit Bureau of the Communist Party of India (Marxist) issued the following statement on May 6, 2014.
THE rally addressed by Narendra Modi at Faizabad on May 5 had a portrait of Lord Ram as the backdrop. Narendra Modi also made a direct appeal invoking the name of Ram in his political statements. These are a blatant misuse of religious appeal for electoral purposes. The Election Commission should immediately take action against this electoral offence.

MICHAEL J Schaack, captain of police in Chicago at the time of the Haymarket episode, was in charge of arresting the revolutionaries and framing up charges against them during the historic trial. He was thus deeply involved in the matter from beginning to end and was also a witness to the last days of the martyrs and their martyrdom.

THE CPI(M) which is contesting two Lok Sabha seats (Araku and Tirupati) and 33 assembly seats has undertaken intensive campaigning meeting the people. Its top leaders including Polit Bureau members Sitaram Yechury, Brinda Karat, B V Raghavulu, Central Secretariat member V Sreenivasa Rao, CC member K Hemalatha, J&K state secretary Mohd Yusuf Tarigami, Tripura LF ministers Jitendra Choudhary and others campaigned for CPI(M) candidates.

THE Bodoland Territorial Area Districts (BTAD) in lower Assam which had witnessed carnage over the years have, once again, been transformed into a killing zone since May 1 last. The memories of the 2008 ethnic and communal clashes in Darrang-Udalguri districts and the gruesome incidents of the 2012 July-August riots in Kokrajhar-Chirang-Baksa districts within BTAD are still fresh in the minds of the people. The 2012 riots left over 100 dead and 4.85 lakh displaced, some of whom even today live in refugee camps.