The Asian Development Bank (ADB) has joined hands with price housing financier IIFL (India Infoline) Home Finance Ltd, a subsidiary of IIFL home finance to reduce carbon emissions and preserve water and vitality in India. IIFL is the technical assistance of the program.
The Indian Navy has inked a Memorandum of Understanding (MoU) with the Infrastructure Development Finance Company (IDFC) FIRST Bank to initiate 'Honour FIRST', a premium banking solution for serving personnel and veterans of the Indian Navy.
The Reserve Bank of India (RBI) has announced the launch of the 'Scheme of Penalty for non-replenishment of ATMs', as per which it will impose monetary penalties on ATMs/WLAs that run out of cash. The Scheme shall be effective from October 01, 2021.
Small Industries Development Bank of India (SIDBI) has unveiled 'Digital Prayaas' an app-based digital-lending platform to facilitate loans to entrepreneurs from low-income groups.
Nagaland has been conferred with seven national awards on the first Van Dhan Annual Awards 2020-21, during the celebration of the 34th foundation day of the Tribal Cooperative Marketing Development Federation of India Limited (TRIFED).