The Reserve Bank of India (RBI) namely HDFC Bank has been selected for the 'test phase' of the 'On Tap' application facility for the theme 'Retail Payments' under regulatory Sandbox.
The Reserve Bank of India announced the guidelines on digital lending. The central bank has given regulated entities (RE) till November 30th to put in place adequate systems and processes to ensure that 'existing digital loans' comply with fresh lending guidelines.
Senior Indian Information Service officer Dr. Vasudha Gupta has been appointed as the Director General of the News Services Division of All India Radio.
Former India Chief of Naval Staff, Admiral Sunil Lanba has been conferred Singapore's prestigious military award, the Pingat Jasa Gemilang (Tentera) or Meritorious Service Medal (Military) (MSM(M)), by President Halimah Yacob.