Reserve Bank of India has approved Fino Payments Bank for commencing international (Cross Border) remittance business under the Money Transfer Service Scheme (MTSS).
The Government of India has sanctioned and notified the Scheme for the amalgamation of the Punjab and Maharashtra Co-operative Bank Ltd. with Unity Small Finance Bank Ltd. (USFBL).
India's first innovation centre for graphene is set to come up in Thrissur, Kerala. This will be the first graphene Research and Development (R&D) incubation centre in India.