PhonePe, a digital payments platform, has joined hands with an internet exchange point, Extreme IX to enable a faster digital payments experience for 370 million PhonePe users.
Ajay Kumar Sood, a member of the Prime Minister's Science, Technology and Innovation Advisory Council, has been appointed to the post for three years, replacing renowned biologist K Vijayaraghavan.
Asian Development Bank and HSBC India have signed an agreement to establish a USD 100 million partial guarantee programme to support more than 4,00,000 micro-borrowers and mostly women-run micro-enterprises across India.