India's largest insurer Life Insurance Corporation of India (LIC) has been allowed by the Reserve Bank of India (RBI) to raise its holding in private lender IndusInd Bank to 9.99 per cent from the existing 4.95 per cent.
The Union Ministry of Electronics and Information Technology (MeitY) has awarded Karnataka Bank with two DigiDhan awards instituted for achieving the target with the highest percentage in BHIM-UPI transactions under the private sector bank category consecutively for two years 2019-20 and 2020-21.
Indian-origin professor Neeli Bendapudi has created history as the first woman and person of colour to be named as the president of America's prestigious Pennsylvania State University, the educational institution announced.
EXAMIANS