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Monthly Archives: February 2022

February, 2022 - - Part 13_3.1

World Day of Social Justice observed on 20 February 2022

World Day of Social Justice is celebrated annually all over the world on 20 February. The International Labour Organization unanimously adopted the ILO Declaration on Social Justice for a Fair Globalization on 10 June 2008. Social justice is an underlying principle for peaceful and prosperous coexistence within and among nations. World Day of Social Justice …

February, 2022 - - Part 13_4.1

Nepal will become 1st country to deploy India’s UPI platform

Nepal will be the first country to adopt India’s UPI system, which will play a pivotal role in transforming the digital economy of the neighbouring country, the National Payments Corporation of India (NPCI). NPCI International Payments Ltd (NIPL), the international arm of NPCI, has joined hands with Gateway Payments Service (GPS) & Manam Infotech to …

February, 2022 - - Part 13_6.1

Amit Shah launches ‘Shastra App’ and ‘Smart Card Arms License’ of Delhi Police

Union Home Minister Amit Shah has launched the ‘Smart Card Arms License’ and ‘Shastra App’ of the Delhi Police, on the occasion of the 75th anniversary of the Delhi Police. In order to provide techno-friendly digital services to the citizens of the national capital. According to Delhi Police, the smart card, with inherent security features, …

February, 2022 - - Part 13_7.1

Career Counselling Workshop ‘Pramarsh 2022’ launched in Bikaner

Minister of State for Culture & Parliamentary Affairs, Arjun Ram Meghwal has launched ‘Pramarsh 2022’, a mega career counselling workshop, for the students of the Bikaner District region in Rajasthan. More than one lakh students from thousands of private & government schools of Bikaner district and mainly from rural areas participated in this workshop. It …

February, 2022 - - Part 13_8.1

17th IBA’s Annual Banking Technology Awards 2021 announced

Indian Banks’ Association (IBA) has announced the IBA’s 17th Annual Banking Technology Awards 2021. In total South Indian Bank has won 6 awards in the event. This year’s IBA Awards celebrating “Next Gen Banking” has recognized technologies and practices in the banking industry that have demonstrated a high degree of innovation over the past year. …

February, 2022 - - Part 13_11.1

RBI extended deadline for NBFCs to meet new NPA upgradation norms

Reserve Bank of India (RBI) has extended the deadline for non-banking financial companies (NBFCs) to comply with new Non-Performing Assets (NPAs) classification norms (the norms are issued by RBI in November 2021) to September 2022 from the earlier deadline of March 2022. As per the ‘Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining …