Airtel Payments Bank become India’s first payments bank to integrate UPI on its digital platform

The Airtel Payments Bank (APB) has become the India’s first payments bank to integrate the UPI on its digital platform. This will add to customer choice and convenience for making secure digital payments to online/offline merchants and making instant money ..

Jitendra Singh to inaugurate first ‘Pension Adalat’ in New Delhi

Dr Jitendra Singh, the Minister of State for Public Grievances and Pensions, will inaugurate the first Pension Adalat in New Delhi on September 20, 2017. The Pension Adalats is being convened with the objective of bringing the aggrieved pensioner, the ..

Arun Jaitley launches Google’s UPI-based digital payment service ‘Tez’

Arun Jaitley, the Union Finance Minister, has launched Google’s UPI-based digital payment service ‘Tez’ in New Delhi. The app that will let users link their phones to their bank accounts to pay for goods in physical stores and online. It ..

ICEX launched world’s first diamond future

The Indian Commodity Exchange (ICEX) has become the world’s first derivatives exchange to launch diamond futures contract. Initially, the contracts are launched in size of 1 carat with compulsory delivery. This will create an entirely new market for the diamond ..

Mamta Suri taken charge as new Executive Director of Insolvency and Bankruptcy Board of India (IBBI)

Dr. Mamta Suri has taken charge as Executive Director of Insolvency and Bankruptcy Board of India (IBBI) in New Delhi on August 16, 2017. Before joining IBBI, Dr. Suri was serving as Chief General Manager, Insurance Regulatory Development Authority of ..

Tata Power becomes first power utility to introduce a QR code based bill payments system in India

Tata Power has become the first power utility to introduce a QR code based bill payments system in India. The QR code linked to Unified Payments Interface (UPI) will be printed on the electricity bills. The customers can scan the ..

The National Conference on “Insolvency and Bankruptcy: Changing Paradigm” was held in Mumbai

Arun Jaitley, the Union Minister of Finance, Defense and Corporate Affairs, was the Chief Guest at the National Conference on ” Insolvency and Bankruptcy: Changing Paradigm”, which was held at Mumbai on August 19, 2017. Besides inaugurating the conference, Jaitley ..

NABARD conferred ‘best performance award’ for 2016-17 to Karnataka Vikas Grameen Bank

The National Bank for Agriculture and Rural Development (NABARD) has conferred the ‘best performance award’ for 2015-16 and 2016-17 to Karnataka Vikas Grameen Bank (KVGB) for its work in the field of credit-linking joint liability groups (JLGs). The KVGB is ..