Daily News

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RBI announces third cohort under regulatory sandbox with 'MSME lending' as theme

The first cohort for regulatory sandbox was under the theme of retail payments.

In its second cohort under regulatory sandbox the RBI had announced 'Cross-border Payments' as its theme.

The Regulatory sandbox allows the regulator, innovators, financial service providers and customers to conduct field tests to collect evidence on the benefits and risks of new financial.

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Jammu and Kashmir Lieutenant Governor Manoj Sinha inaugurates 'Saath' initiative for women associated with SHGs

J-K LG Sinha launched Rural Enterprises Acceleration Programme titled 'Saath' for Self Help Group (SHG) women. here are 48000 SHGs in Jammu and Kashmir.

There are 48000 SHGs in Jammu and Kashmir.

Four lakh women are connected to these SHGs.

This Saath initiative will stress on mentoring and market linkages of products created by these women.

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Bank of India ties-up with MAS Financial Services for co-lending

BOI has entered into a co-lending arrangement with MAS Financial Services for MSME loans.

The tie-up comes on the occasion of the bank's 116th Foundation Day ('Azadi Ka Amrit Mahotsav').

Co-lending was introduced by the RBI to increase the credit flow to the unserved & underserved sector by utilising nimble-footed NBFC coverage to the informal sector.

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Flipkart Unveils D2C Initiative ‘Flipkart Boost’ To Support Made In India Brands

Flipkart, India's leading e-commerce platform, has unveiled the introduction of 'Flipkart Boost,' an integrated initiative designed to help new era digital-first consumer companies to expand their growth to the next level.

Flipkart Boost would develop Made in India brands with end-to-end support, including planning, advertising,cataloguing, logistics, quality control,etc.

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Tata AIA ropes in Neeraj Chopra as its brand ambassador

Tata AIA Life Insurance has entered into a multi-year brand partnership Olympic gold medallist Neeraj Chopra, as its brand ambassador.

Post-Olympic win, this is his first brand partnership.

As part of the partnership, Chopra will support Tata AIA’s efforts in offering life protection and health and wellness solutions to its consumers over the next few years.

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Neeraj Chopra who won gold in the javelin throw.

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Raja Randhir Singh appointed acting president of Olympic Council of Asia

India's Raja Randhir Singh has taken over as acting president of the Olympic Council of Asia as Sheikh Ahmad Al-Fahad Al-Sabah appeals a guilty verdict in a Swiss forgery trial.

A five-time Olympic shooter and an Asian Games gold medallist in 1978, Singh was promoted to the role from his position as an honorary life vice president.

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Olympic Council of Asia Headquarters: Kuwait City, Kuwait;
Founded: 16 November 1982

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Daniel Ricciardo won the F1 Italian Grand Prix 2021

Australian Daniel Ricciardo won the Italian Grand Prix in a stunning McLaren one-two with Lando Norris at Monza, Italy.

One title rivals Max Verstappen and Lewis Hamilton took each other out of the race. The victory was McLaren's first since 2012 and Ricciardo's first since he was at Red Bull in 2018.

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RBI develops escalation matrix for redressal of complaints of SGB investors

The Reserve Bank of India (RBI) has drawn up an escalation matrix for redressal of customer complaints of investors of Sovereign Gold Bond (SGB).

The nodal officer of the Receiving Office will be the first point of contact for attending to the queries/complaints.

SGBs are government securities denominated in grams of gold.They are substitutes for holding physical gold.

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The bond is issued by RBI on behalf of the Union government.

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Paytm Payments Bank launches India’s first FASTag-based metro parking facility

Paytm Payments Bank Ltd (PPBL) has enabled the country’s first FASTag-based metro parking facility in partnership with Delhi Metro Rail Corporation (DMRC).

As an acquiring bank for the parking facility at the Kashmere Gate metro station, PPBL will facilitate the processing of all FASTag based transactions for cars having a valid FASTag sticker]

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UNESCO Literacy Prize awarded to NIOS for Innovation in Education

The National Institute of Open Schooling (NIOS) of India, Noida won the prestigious UNESCO King Sejong Literacy Prize 2021 for 'enabling education of persons with disabilities through technology-enabled inclusive learning materials, with a specific focus on Indian Sign language-based content' in an award function organised at UNESCO's New Delhi.

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Prize established in 1989, with the support of the Government of the Republic of Korea.

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Gujarat Nurse Bhanumati Gheewala To Get National Florence Nightingale Award For Service Amid COVID

The Florence Nightingale Award will be given to a nurse, Bhanumati Gheewala, from Sir Sayajirao General Hospital, Gujarat.

She has been in charge of COVID-19 positive pregnant women's deliveries as well as infant care. She worked in the gynaecology department as well in the paediatric ward.

The Florence Nightingale Award is given by the Indian Nursing Council.

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Indian Nursing Council : statutory agency under the Ministry of Health and Family Welfare

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RBI approves re-appointment of Vaidyanathan as IDFC FIRST Bank chief

The Reserve Bank of India (RBI) has granted its approval for the re-appointment of V. Vaidyanathan as the Managing Director & Chief Executive Officer of IDFC FIRST Bank.

Vaidyanathan’s re-appointment as MD & CEO is for 3 years, effective from December 19, 2021.

Vaidyanathan took over as the MD & CEO of IDFC FIRST Bank in December 2018 after Capital First & IDFC Bank merger.

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Super 30 founder Anand Kumar conferred with Swami Brahmanand Award 2021

Mathematician Anand Kumar conferred with the Swami Brahmanand Award 2021 for his contribution in the field of education through his 'Super 30' initiative, which prepares underprivileged students for the IIT entrance exam. Friederike Irina Bruening, a German national received the first Swami Brahmanand Award for cow protection in 2019.

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'Super 30' is a coaching programme of Kumar's Patna-based Ramanujan School of Mathematics

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Angelina Jolie Announces Her Book 'Know Your Rights And Claim Them: A Guide For Youth'

Angelina Jolie recently announced that her upcoming book, Know Your Rights and Claim Them: A Guide for Youth is all set to get published. She further added a note on social media for all her fans explaining the importance of equal rights and announced that she will soon be interacting with some young people, who have been fighting for their rights for years.

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Samantha Stosur, Zhang Shuai win US Open women's doubles title 2021

Experience triumphed over youth as Australian Sam Stosur and Zhang Shuai of China beat Americans Coco Gauff and Caty McNally 6-3 3-6 6-3 in a tightly fought U.S. Open women’s doubles 2021.

The duo, who also won together at the Australian Open in 2019.

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Rahul Dravid appointed brand ambassador for Piramal Realty

Real estate company Piramal Realty, the realty arm of the Piramal Group, has roped in former captain of the Indian cricket team Rahul Dravid as a brand ambassador for its portfolio of four residential projects and one commercial project.

These projects include Piramal Mahalaxmi (Jacob Circle), Piramal Vaikunth (Thane), Piramal Revanta (Mulund), Piramal Aranya (Byculla),etc.

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Hindi Diwas 2021: 14th September

India celebrates Hindi Diwas, also known as Hindi Day, on September 14 every year to commemorate the adoption of Hindi in the Devanagari script as one of the official languages of the nation.

One of the reasons behind celebrating this day is to prevent the increasing trend of the English language in the nation and the neglect of Hindi.

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