FIRSTAP – India’s First Sticker-based Debit Card

IDFC First Bank, in association with the National Payments Corporation of India (NPCI), recently launched FIRSTAP – India’s first sticker-based debit card. What is a sticker-based debit card? A sticker-based debit card allows the user to make transactions by simply ..



Kisan Sabha Application developed by CSIR launched

On May 1, 2020, the Council of Scientific and Industrial Research-Central Road Research Institute (CSIR-CRRI) launched Kisan Sabha Application. The application was launched to connect farmers to freight transportation and supply chain. Highlights The application aims in providing timely support ..


Common Service Centres of GoI to take over E-Commerce in rural areas

On April 29, 2020, the Government of India announced that the Common Service Centres will now take over village level online retail chain. The step is expected to reach more than 60 crores of people in rural region. Highlights The ..


Punjab & Sind Bank sets up a centralized hub Cen-MARG to process retail and MSME loans

The Punjab & Sind Bank has set up the Centralised MSME & Retail Group (Cen-MARG) for credit facilities at its head office in New Delhi. Now, all MSME and retail credit approvals will be performed at this centralised set up. ..

India launches third IT corridor in China

India has launched its third IT corridor in China. The corridor will facilitate partnerships between Indian and Chinese companies. National Association of Software and Services Companies (NASSCOM) entered into a partnership with China’s Xuzhou city from Jiangsu Province in China ..


RBI launchs a ‘Survey on Retail Payment Habits of Individuals (SRPHi)’

The Reserve Bank of India (RBI) has launched a ‘Survey on Retail Payment Habits of Individuals (SRPHi)’ to capture payment habits of individuals in six cities, including four metropolitan towns. According to RBI release, the survey will cover a sample ..