Due to the lender's worsening financial situation, the RBI imposed some limitations on Mumbai-based Raigad Sahakari Bank, including a withdrawal cap of Rs 15,000 per customer.
Paytm, a digital financial services company, announced that it has partnered with Samsung stores across India to enable smart payments and its loan service Paytm Post-paid through the deployment of point-of-sale devices.
Industrialist Ratan Tata has launched India's first Companionship Startup for senior citizens, Goodfellows, to encourage intergenerational friendships.