The Housing Development Finance Corporation (HDFC) Ltd. partnered with Accenture for digitizing its lending business by using a cloud-native platform for application, processing, credit underwriting and disbursement.
Urban cooperative banks (UCBs) were allowed to provide doorstep banking services to meet the needs of customers, especially senior citizens and differently-abled persons.
International Monetary Fund Managing Director Kristalina Georgieva announced the appointment of Indian national Krishna Srinivasan as Director of the Asia and Pacific Department (APD).
India has registered the sharpest rise among the Asian economies, with a six-place jump from 43rd to 37th rank on the index due to gains in economic performance.