The Reserve Bank of India has given its nod to Equitas Small Finance Bank and its parent company Equitas Holdings Ltd's merger plan, subject to certain restrictions.
The Ministry of Electronics and IT (MeitY) has released the draft National Data Governance Framework for mobilizing non-personal data of citizens for use by both public and private entities to improve services.
The pilot project envisages training for about 250 beneficiaries of 17 clusters of 17 districts selected from six states of India- Madhya Pradesh, Chhattisgarh, Gujarat, Rajasthan, Maharashtra and Odisha.
The Reserve Bank of India has imposed a penalty of Rs 29.79 lakhs on Unimoni Financial Services Limited for non-compliant with norms on Small-Prepaid Payment Instruments (PPI) requirements.