The administration informed Parliament that concrete actions were taken by the RBI and government-assisted banks in recovering bad loans of more than Rs 8.6 lakh crore over the previous eight fiscal years.
Paytm, a digital financial services company, announced that it has partnered with Samsung stores across India to enable smart payments and its loan service Paytm Post-paid through the deployment of point-of-sale devices.
Tata Consultancy Services (TCS) has partnered with a subsidiary of Financial Institutions, Inc. 'Five Star Bank' on its digital transformation journey.
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