December, 2021 -

IndusInd Bank and NPCI tie-up to offer cross-border payments through UPI

December 29, 2021

IndusInd Bank has partnered with the National Payments Corporation to offer real-time cross-border remittances to India using UPI IDs, for its Money Transfer Operator (MTO) partners. It is the first Indian bank to go live on UPI for cross-border payments/NRI remittances. Under this arrangement, the MTOs will be using the IndusInd Bank channel to connect …

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HDFC Life signed bancassurance partnership with South Indian Bank

December 29, 2021

HDFC Life signed a bancassurance (Bank-Insurance) agreement with South Indian Bank to enable customers of the South Indian Bank to avail HDFC Life’s life insurance products and services to the customers of South Indian Bank. This bancassurance arrangement will enable customers of the South Indian Bank to avail HDFC Life’s wide range of life insurance products …

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HDFC Bank tie-up with IPPB to offer banking services in rural areas

December 29, 2021

HDFC Bank has signed an MoU with India Post Payments Bank (IPPB) to offer banking services to over 4.7 crore customers of IPPB in semi-urban and rural areas. Under the MoU, out of 4.7 crores, customers around 90 per cent reside in rural areas. The HDFC bank aims to boost its financial inclusion drive by …

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Somalia’s President suspends PM Mohamed Hussein Roble

December 29, 2021

Somalian Prime Minister Mohamed Hussein Roble has been suspended. President Mohamed Abdullahi Farmajo has suspended the Prime Minister, who is facing allegations of involvement in the theft of land. Mohamed Roble accused the President of trying to stage a coup and said, he would continue in office. He urged the security forces to take orders …

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Indipaisa tie-up with NSDL Payments Bank to launch a new Fintech platform

December 29, 2021

Indipaisa has signed a partnership agreement with NSDL Payments Bank to launch Financial Technology (Fintech) solutions targeting India’s 63 million Small & Mid-sized Enterprise (SME) sector. To empower SME owners & operators to provide facilities and services that help them grow businesses, comply with government tax laws and build a sustainable future. Buy Prime Test …

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Govt set up high-level committee to examine of lifting Nagaland’s AFSPA

December 29, 2021

The Government of India has decided to constitute a ‘five-member’ committee to look into the demand for withdrawal of Armed Forces (Special Powers) Act “AFSPA” in Nagaland. The committee headed by Vivek Joshi, the Registrar General and Census Commissioner of India, would submit its recommendations within 45 days. Additional Secretary in the Home Ministry Piyush …

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GoI appoints Atul Kumar Goel as new MD & CEO of PNB

December 29, 2021

The Appointments Committee of the Cabinet (ACC) has approved the appointment of Atul Kumar Goel, MD & CEO of UCO Bank, as MD & CEO of Punjab National Bank (PNB) with effect from February 1 next year. Goel will serve as PNB chief until December 31, 2024, which is his attaining the superannuation age. Goel …

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PETA: Alia Bhatt India’s 2021 Person of the Year

December 29, 2021

People for the Ethical Treatment of Animals (PETA) India has named Bollywood star Alia Bhatt its 2021 Person of the Year. She is an animal lover and often shares pictures with her pets. This year, Alia Bhatt invested in Phool, the company behind Fleather, which is a vegan leather made from discarded temple flowers. Buy …

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NITI Aayog released 4th State Health Index

December 29, 2021

NITI Aayog has released the fourth edition of the State Health Index for 2019–20 that provides incremental performance in health outcomes and status. The index is developed by: NITI Aayog, World Bank, and Ministry of Health and Family Welfare (MoHFW). The report, titled “Healthy States, Progressive India”, ranks states and Union Territories on their year-on-year …

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Japan launches Inmarsat-6 F1 Communications Satellite

December 28, 2021

Japan has launched Inmarsat-6 F1, a communication satellite, through a Mitsubishi Heavy Industries (MHI) H-IIA204 rocket from Japan’s Tanegashima Space Center that will enter geostationary orbit, about 22,240 miles (35,790 kilometres) above the earth. It is developed by the London-based company Inmarsat as a part of its next-generation satellite broadband service. The satellite is 12,060-pound …

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Monthly Archives: December 2021

IndusInd Bank and NPCI tie-up to offer cross-border payments through UPI

HDFC Life signed bancassurance partnership with South Indian Bank

HDFC Bank tie-up with IPPB to offer banking services in rural areas

Somalia’s President suspends PM Mohamed Hussein Roble

Indipaisa tie-up with NSDL Payments Bank to launch a new Fintech platform

Govt set up high-level committee to examine of lifting Nagaland’s AFSPA

GoI appoints Atul Kumar Goel as new MD & CEO of PNB

PETA: Alia Bhatt India’s 2021 Person of the Year

NITI Aayog released 4th State Health Index

Japan launches Inmarsat-6 F1 Communications Satellite

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