RBL Bank (formerly known as Ratnakar Bank Ltd) has selected Amazon Web Services (AWS), the Cloud Computing arm of Amazon as its Preferred Cloud Provider to strengthen its Artificial Intelligence (AI)-based Banking Solutions and bring digital transformation to the bank.
The Indian Navy has inked a Memorandum of Understanding (MoU) with the Infrastructure Development Finance Company (IDFC) FIRST Bank to initiate 'Honour FIRST', a premium banking solution for serving personnel and veterans of the Indian Navy.
The Reserve Bank of India (RBI) has announced the launch of the 'Scheme of Penalty for non-replenishment of ATMs', as per which it will impose monetary penalties on ATMs/WLAs that run out of cash. The Scheme shall be effective from October 01, 2021.
Small Industries Development Bank of India (SIDBI) has unveiled 'Digital Prayaas' an app-based digital-lending platform to facilitate loans to entrepreneurs from low-income groups.
Nagaland has been conferred with seven national awards on the first Van Dhan Annual Awards 2020-21, during the celebration of the 34th foundation day of the Tribal Cooperative Marketing Development Federation of India Limited (TRIFED).
Bollywood actor Ayushmann Khurrana was recently appointed as Unicef's Celebrity Advocate for their global campaign EVAC (Ending Violence Against Children), and he wants to build awareness on a national level about online safety for children in India.