Daily News

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RBI amends KYC norms, allows banks to use V-CIP

The RBI has amended the KYC norms allowing banks and other lending institutions regulated by it to use Video based Customer Identification Process (V-CIP), a move which will help them onboard customers remotely. V-CIP is a consent based alternative method.

Did you Know

Video recording should be stored in a safe and secure manner.

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SBI announces 'residential builder finance with buyer guarantee' scheme

SBI has announced RBBG scheme aims at giving a push to residential sales and improve homebuyers' confidence. Under this scheme, SBI will issue a guarantee for completion of select residential projects to customers who have availed home loans from it.

Did you Know

Guarantee will be till the project gets Occupation Certificate.

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Census India-2021 to begin on 1st April 2020

Census India-2021 will begin on 1st of April 2020 and will end on 30th of September. Census India-2021 will be conducted through a mobile phone application, moving away from the traditional pen and paper. The 15th Indian Census took place in 2011.

Did you Know

It is the 16th Indian Census and 8th after Independence.

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Over 1000 Fast Track Special Courts to be set up for speedy disposal of rape, POCSO cases

Over 1000 Fast Track Special Courts will be set up in the country for speedy disposal of cases relating to rape & Protection of Children from Sexual Offences (POCSO) Act. These courts will be set-up as a part of the National Mission for Safety of Women.

Did you Know

Criminal Law (Amendment) Act, 2018 has already enacted.

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The City of Destiny Gearing Up to Host MILAN 2020

The City of Destiny-Visakhapatnam is gearing up to host International Naval event ‘MILAN’ in March 2020. MILAN is a multilateral naval exercise aimed to enhance professional interaction between friendly foreign navies. Theme- ‘Synergy Across the Seas’.

Did you Know

41 navies have been invited for the exercise.

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MS Swaminathan & G Muniratnam bags Muppavarapu Venkaiah Naidu National Awards

Agricultural Scientist Dr M S Swaminathan and well-known social worker, Dr. Gutta Muniratnam were respectively chosen as the first recipients of ‘Muppavarapu Venkaiah Naidu National Award for Excellence’ & ‘Muppavarapu National Award for Social Service’.

Did you Know

Each award carries a cash prize of Rupees Five Lakh & citation.

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South Asian Trade and Travel Exchange Expo 2020 begins in New Delhi

South Asian Trade & Travel Exchange Expo-2020 sponsored by J&K Tourism Dept & supported by Ministry of Tourism has begun in New Delhi. The 27th Edition of SATTE has witnessed participation of over 1,000 delegates from over 50 countries & 28 Indian states.

Did you Know

SATTE is an important avenue for the promotion of tourism.

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India-born author Jasbinder Bilan bags UK children's book award

India-born author Jasbinder Bilan has bagged a coveted UK children's book award for her debut novel 'Asha and the Spirit Bird'. The story set in the Himalayan territory of her Indian roots and inspired by the special childhood bond with her grandmother.

Did you Know

Bilan will receive 5,000 pounds as the winner of the award.

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Amit Shah released a book titled Karmayoddha Granth

The Union Minister for Home Affairs Amit Shah released a book titled "Karmayoddha Granth" written on the life of Prime Minister Narendra Modi. The book describes all the schemes and measures that Modi government launched for the welfare of the people.

Did you Know

The book talks about three parts of PM Modi's life.

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3rd Khelo India games to begin on 10 January at Guwahati, Assam

The Kabaddi and gymnastics began on 10 January in the third Khelo India youth games. The opening ceremony of the event will be held at Sarusajai stadium, Guwahati. It will be conducted in partnership with IOA, School Games Federation of India & Assam.

Did you Know

Assam CM-Sarbanand Sonowal, Union Sports minister-Kiren Rijiju

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Indian embassies celebrated Pravasi Bhartiya Diwas

Indian embassies in different countries celebrated Pravasi Bhartiya Diwas on 9 January to mark the contribution of Overseas Indian community in the growth of India. On 9 January 1915 Mahatma Gandhi-the greatest Pravasi-returned to India from South Africa.

Did you Know

Later he led freedom struggle & changed the lives of Indians.

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World Hindi Day 2020: January 10

World Hindi Day (Vishwa Hindi Divas) is being celebrated on January 10. The day commemorates the anniversary of the first World Hindi Conference held in Nagpur of January 10, 1975, which saw 122 delegates from 30 countries participating in it.

Did you Know

Hindi Divas is celebrated on September 14 every year.

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RBI releases national strategy for financial inclusion

RBI) has chalked out an ambitious strategy for financial inclusion till 2024, in which it aims to strengthen the ecosystem for various modes of digital financial services in all Tier-II to Tier VI centres to create the necessary infrastructure.

Did you Know

National Strategy for Financial Inclusion period-2019-24.