The boy, Kanav, suffers from spinal muscular atrophy (SMA), a genetic neuromuscular disorder that affects the nerve cells that control voluntary muscles (motor neurons).
For China's ruling Communist Party it is an opportunity to showcase the country's sporting, organisational and technological prowess, having been largely closed off during the pandemic.
Failing to comply with the direction, regulated entities (REs) would compensate the borrower at the rate of Rs 5,000 for each day of delay, RBI said in a notification.