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).
According to data released by the National Payments Corporation of India (NPCI), Paytm Payments Bank Ltd emerged as the biggest receiver of UPI amount in the October to December 2021 quarter.
An agreement was exchanged in which India is extending a $190-million line of credit to Mauritius for the Metro Express Project and other infrastructure projects.