The Indian Army is conducting a 20-day long exercise named Parvat Prahar. It is conducted amid the disengagement process between India and China in the Gogra-Hot Springs area on the Line of Actual Control (LAC).
The National Minorities Development and Finance Corporation (NMDFC) announced that it had entered into an agreement with ICICI Bank for the creation of mobile applications and financial accounting software.
The Reserve Bank of India (RBI) namely HDFC Bank has been selected for the 'test phase' of the 'On Tap' application facility for the theme 'Retail Payments' under regulatory Sandbox.