The Reserve Bank of India announced the guidelines on digital lending. The central bank has given regulated entities (RE) till November 30th to put in place adequate systems and processes to ensure that 'existing digital loans' comply with fresh lending guidelines.
NITI Aayog partnered with World Resources Institute (WRI), India has launched the country's 1st national electric freight platform- e-FAST India (Electric Freight Accelerator for Sustainable Transport).
Private lender Axis Bank and Square Yards (an integrated real estate platform) have announced the launch of 'Open Doors', a co-branded home buyer ecosystem.
Queen Elizabeth II, the longest reigning monarch of Britain passed away at the age of 96. She reigned for 70 years and 7 months to be exact, which is longer than any other monarch in British history.