Open Network for Digital Commerce (ONDC) is been managed by Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry.
The Indian Railways has planned to deploy its indigenously developed Automatic Train Protection (ATP) system, 'Kavach', in a phased manner across all the networks.
State Bank of India will set up an Innovation, Incubation and Acceleration Center in Hyderabad, Telangana, which will be operational within six to nine months of on-boarding of a consultant.
India's third-largest private sector bank, Axis Bank has been awarded IFR Asia's Asian Bank of The Year, for its breadth of coverage and depth of expertise in the Asian investment banking space.
Bank of Maharashtra has partnered with Mahagram (a fintech company) to roll out the 'Bank Sakhi' project in Odisha. Mahagram would provide the Bank of Maharashtra with financial technology and infrastructure support to augment rural financial inclusion.