The Union Cabinet approved additional funding of Rs 820 crore for India Post Payments Bank (IPPB) for the expansion of its services to all post offices in the country. Out of the 1.56 lakh post offices, IPPB currently operates from 1.3 lakh post offices. Since the launch, it has opened over 5.25 crore accounts with 82 crore aggregate number of transactions.
Every year during May 8-9, the United Nations marks the Time of Remembrance and reconciliation for those who lost their lives during the Second World War.
Northern Arc Capital Limited, a non-banking finance company (NBFC) that serves the credit needs of underserved households and businesses, has formed a strategic alliance with Indian Bank.
Sky Bridge 721, the world's longest suspension footbridge has opened in the Czech Republic for tourists. The spectacular bridge is 721 metres long. The Czech Republic, also called Czechia, is a landlocked country in Central Europe.