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.
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.
Iran's new President Ebrahim Raisi named the chairman of a powerful state-owned foundation sanctioned by the United States as his first vice-president.
The Reserve Bank of India (RBI) has started a public awareness campaign to warn people against digital banking frauds. For the new campaign, RBI has roped in Olympic Gold medalist Neeraj Chopra.
RBL Bank (formerly known as Ratnakar Bank Ltd) has selected Amazon Web Services (AWS), the Cloud Computing arm of Amazon as its Preferred Cloud Provider to strengthen its Artificial Intelligence (AI)-based Banking Solutions and bring digital transformation to the bank.
EXAMIANS