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Daily Archives: May 22, 2021

May 22, 2021 -_3.1

DRDO develops Covid-19 antibody detection kit ‘DIPCOVAN’

India’s Defence Research and Development Organisation (DRDO) has developed a Covid-19 antibody detection kit. The DIPCOVAN kit can detect both spikes as well as nucleocapsid proteins of Coronavirus with a high sensitivity of 97%. It has been approved by the Indian Council of Medical Research and has been developed by the Defence Institute of Physiology …

May 22, 2021 -_5.1

IDBI Bank launches digital loan processing system

IDBI Bank announced the launch of its fully digitized loan processing system, offering over 50 products to MSME and the agriculture sector. The Loan Processing System (LPS) for MSME and Agri products seamlessly integrate with data fintech, bureau validations, document storage, account management and customer notifications among others. Buy Prime Test Series for all Banking, …

May 22, 2021 -_6.1

Bihar govt launches ‘HIT Covid App’ to ensure regular monitoring

Bihar government has launched ‘HIT Covid App’ to ensure regular monitoring and tracking of those Covid-19 patients, who are in home isolation across the state. HIT stands for home isolation tracks. Chief Minister Nitish Kumar said the app will help the health workers in regular monitoring of home-isolated patients. Buy Prime Test Series for all …

May 22, 2021 -_7.1

Donations related to Covid-19: Haryana, Gujarat reimburse GST

Haryana and Gujarat have become the first few states to announce reimbursement of Goods and Services Tax (GST) components paid for Covid-19 related medical supplies. These medical supplies include oxygen concentrators, ventilators, medicines which would be donated free of cost to the state governments. Waiver from Haryana is till June 30, while that of Gujarat …

May 22, 2021 -_8.1

SBI and HyperVerge Partner for AI-powered Online Account Opening

HyperVerge announced its partnership with SBI, with one of its flagship products, the Video Banking solution, which aims to achieve a 10x improvement in the number of account openings per day per agent. The new service will offer a quick and completely paperless experience to customers with minimal ID documents. Assisted by AI engines with …

May 22, 2021 -_9.1

Barcelona Women beat Chelsea Women to win Women’s Champions League trophy

Barcelona Women beat Chelsea Women to win the Women’s Champions League trophy. Chelsea conceded four goals in the first 36 minutes as Barcelona blew them away to win their first Women’s Champions League in Gothenburg. Buy Prime Test Series for all Banking, SSC, Insurance & other exams Barcelona is the first Spanish side to win …

May 22, 2021 -_11.1

ITR filing deadline for FY21 extended by two months to September 30

The Central Board of Direct Taxes (CBDT) has extended the due date for filing income tax returns for assessment year (AY) 2021-22, for individuals, by two months, to September 30, 2021. Earlier the deadline was July 31, 2021. Buy Prime Test Series for all Banking, SSC, Insurance & other exams The decision to extend timelines …

May 22, 2021 -_12.1

RBI increases the limit for Full-KYC PPIs to Rs 2 lakh from Rs 1 lakh

The Reserve Bank of India has increased the maximum amount outstanding in respect of full-KYC PPIs (KYC-compliant PPIs) from Rs. 1 lakh to Rs. 2 lakh. Apart from this, The Reserve Bank of India (RBI) has mandated that all prepaid payment instruments (PPIs) or mobile wallets such as Paytm, PhonePe and Mobikwik are fully KYC-compliant …