Reserve Bank of India (RBI) Governor Mr Shaktikanta Das announced Bharat Bill Payment System (BBPS) to facilitate inward gross payments for Non-Resident Indians (NRIs) to pay bills in India.
Indian men's volleyball team won the bronze medal by defeating Korea 3-2 in the 14th Asian U-18 Championship in Tehran. In a 5-set thriller, India defeated South Korea in the third-place playoff.
The National Minorities Development and Finance Corporation (NMDFC) has signed an agreement with ICICI Bank for the development of financial accounting software and mobile application.
Retail inflation softened to 6.71 per cent in July due to moderation in food prices but remained above the Reserve Bank's comfort level of 6 per cent for the seventh consecutive month.