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RBI launches उद्गम - UDGAM - Centralised Web Portal for searching Unclaimed Deposits

The Governor, Reserve Bank of India launched a Centralised Web Portal उद्गम UDGAM (Unclaimed Deposits – Gateway to Access inforMation). This portal has been developed by RBI for use by members of public to facilitate and make it easier for them to search their unclaimed deposits across multiple banks at one place.

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Trinidad And Tobago Inks Pact For Sharing Indian Technology Stack

Trinidad and Tobago has signed an agreement with the Indian government for sharing the India Stack, which is a collection of open application programming interfaces and digital public goods for identity, data and payment services.

It shall create a robust ecosystem of startups, developers and system integrators working around it on next-gen innovation.

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Minister of State for Electronics and IT: Rajeev Chandrasekhar.

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Mohit Kumar becomes first Indian wrestler since 2019 to win U20 World Wrestling Championship

Indian wrestler Mohit Kumar scripted history by becoming the Under 20 World Champion in the men’s 61 Kg Freestyle category. The Championship is being held at Amman City in Jordan from August 14 to 20.

Mohit defeated Russia’s Eldar Akhmadudinov 9-8 in the final to become the fourth Indian Freestyle Wrestler to win a Junior World Championship.

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RBI approves appointment of PR Seshadri as MD and CEO of South Indian Bank

According to Thrissur-based South Indian Bank the Reserve Bank of India (RBI) has approved the appointment of P R Seshadri as managing director and chief executive officer of the bank for a period of three years with effect from October 1, 2023.

South Indian Bank was established in 1929 at Trichur, Kerala State.

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IRCTC, Delhi Metro Rail Sign MoU for QR code--based tickets

In order to offer DMRC tickets with QR codes via the IRCTC platform, the Indian Railway Catering and Tourism Corporation (IRCT) and the Delhi Metro Rail Corporation (DMRC) signed a memorandum of understanding (MoU).

The effort would help passengers of the IRCTC and the DMRC by expediting the travel process and cutting down on the amount of time spent in station lines.

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Axis Bank partners with RBI Innovation Hub to launch Kisan Credit cards and MSME loans powered by the new Public Tech Platform

Axis Bank announced the launch of two lending products powered by the Public Tech Platform for Frictionless Credit (PTPFC), introduced by the Reserve Bank Innovation Hub (RBIH), a wholly owned subsidiary of the RBI.

Axis Bank will offer Kisan Credit Card (KCC) and unsecured MSME loans to small business customers, powered by the platform.

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PM hails India's first 3D printed Post Office at Cambridge Layout, Bengaluru

The Prime Minister, Shri Narendra Modi has called India's first 3D printed Post Office at Cambridge Layout, Bengaluru, a testament to our nation's innovation and progress. According to the postal officials, the construction of this post office building was carried out by construction company Larsen & Toubro Limited while IIT Madras provided technical guidance.

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NLC India Limited enters into Long Term Power Usage Agreement for 300 MW Solar Project with Rajasthan

NLC India Limited, a Navratna Central Public Sector Undertaking under the administrative control of Ministry of Coal has entered into Long Term Power Usage Agreement with Rajasthan Urja Vikas Nigam limited for supply of 300 MW Solar Power under CPSU Scheme at Rajasthan.

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Chairman, Central Water Commission Launches Mobile App ‘Floodwatch’ To Provide Real-Time Flood Forecasts To Public

The Chairman, Central Water Commission (CWC), Shri Kushvinder Vohra today launched the mobile application, "FloodWatch” with the aim of using mobile phones to disseminate information related to the flood situation and forecasts up to 7 days on a real-time basis to the public. The in-house developed user-friendly app has readable and audio broadcast.

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Two reforms introduced for Mobile User Protection to promote a cleaner and safer digital ecosystem

In strengthening Government of India’s commitment to foster a digitally inclusive society while maintaining the highest standards of security and customer protection, Shri Ashwini Vaishnaw, Minister of Communications, Railways and Electronics & IT, today launched two reforms towards digital transformation and enhancing customer Protection.

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Prime Minister to address G20 Health Ministers’ meeting in Gandhinagar through video conferencing

As part of India’s G20 presidency, the G20 Health Ministers’ meeting formally began today. Prime Minister Narendra Modi will virtually address the meeting in the afternoon. Addressing the meeting, Addressing at the inaugural session, WHO Director General , Dr. Tedros Adhanom Ghebreyesus commended India for its steps taken in advancing Universal Health Coverage.

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Don't compound penal interest on loans : RBI to Banks, NBFCs

Reserve Bank issued guidelines to banks, NBFCs on levying of penal rates of interest on loans. RBI in a circular dated 18th Aug 2023 mentioned that there shall be no capitalisation of penal charges i.e., no further interest computed on such charges.

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SBI plans to open 300 branches across country in current financial year

State Bank of India is planning to open 300 new branches across the country in the current financial year. The SBI currently has 22 thousand 405 branches across the country and 235 foreign branches and offices.

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Priya Malik wins Gold medal at 2023 U20 World Wrestling Championships in Jordan

Indian grappler Priya Malik won Gold medal at the 2023 U20 World Wrestling Championships in Jordan. Priya became just the second woman wrestler from India to be crowned U20 world championship.

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Sadbhavana Diwas Observed with Pledge Taking in DEPwD

'Sadbhavana Diwas' is observed nation-wide on 20th August annually but as it falls on a Sunday this year, Sadbhavana Pledge taking was organised today, i.e. 18th August, 2023 in all Government Offices.

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Indian Coast Guard carries out successful mid sea medical evacuation of a Chinese national off Mumbai

The Indian Coast Guard has successfully conducted medical evacuation of a Chinese national from a Panama flagged research vessel, MV Dong Fang Kan Tan No 2, around 200 Kms in Arabian sea off Mumbai on the intervening night of 16-17 Aug 23. The evacuation was carried out amidst challenging weather conditions and dark night.

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