The Union Cabinet approved additional funding of Rs 820 crore for India Post Payments Bank (IPPB) for the expansion of its services to all post offices in the country. Out of the 1.56 lakh post offices, IPPB currently operates from 1.3 lakh post offices. Since the launch, it has opened over 5.25 crore accounts with 82 crore aggregate number of transactions.
NTPC Ltd., India's largest power utility, announced the signing of a Memorandum of Understanding (MoU) with Energy Vault Holdings, Inc, a leader in sustainable, grid-scale energy storage solutions.
The Haryana State Government launches 'e-Adhigam' scheme under which nearly 3 lakh students will be receiving tablet computers to aid their online education.
India Post Payments Bank (IPPB), Department of Post (DoP), and Ministry of Communication have introduced issuer charges for the Aadhaar Enabled Payment System (AePS).