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Monthly Archives: April 2022

April, 2022 - - Part 40_4.1

Central Bank of India partnered with Kwik.ID to ​digitize customer onboarding

Central Bank of India partnered with ID to implement digital Know Your Customer (KYC), video KYC and eKYC for its network across India. The aim of the partnership is to bring seamless onboarding and provide efficient digital facilities to the customers across India. Buy Prime Test Series for all Banking, SSC, Insurance & other exams …

April, 2022 - - Part 40_5.1

Cabinet approves increase in Dearness Allowance/Dearness Relief by 3% to 34%

The Union Cabinet chaired by the Prime Minister, Narendra Modi has approved a hike in Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners by 3 per cent to 34%, over the existing rate of 31% of the Basic Pay/Pension. The hike announced will be effective from January 1, 2022, to compensate …

April, 2022 - - Part 40_6.1

RBI extended the deadline for banks to utilise lockable cassettes in ATMs by a year

The Reserve Bank of India has delayed the deadline for banks to use lockable cassettes in their ATMs that can be swapped during cash replenishment by a year, till March 31, 2023. The decision was made after the RBI received representations from various banks and the Indian Banks’ Association noting difficulty in achieving the deadline, …

April, 2022 - - Part 40_7.1

UPPSC Civil Judge Recruitment 2023 Notification, Application Form and Syllabus

UPPSC Civil Judge Recruitment 2023 UPPSC Civil Judge Recruitment 2023: Uttar Pradesh Public Service Commission (UPPSC) released the Judicial Services Civil Judge Examination 2023 (Junior Division) notification. The eligible candidates can apply for the UPPSC Civil Judge Recruitment 2022. Candidates can visit the official website, uppsc.up.nic.in starting from 10th December 2022. The last date to …

April, 2022 - - Part 40_8.1

GoI keeps interest rates on Small Savings Schemes unchanged for Q1 (April-June 2022)

The Ministry of Finance has decided to keep the interest rates unchanged on small savings schemes or post office schemes for the Quarter -1 of FY2022-23 (April-June 2022). The interest rates on the various instruments for April-June 2022 range from 4.0 per cent to 7.6 per cent. It must be noted that the Government notifies …

April, 2022 - - Part 40_9.1

NV Ramana, the Chief Justice, launches a software named FASTER

Chief Justice of India NV Ramana unveiled the ‘Fast and Secured Transmission of Electronic Records’ (FASTER), a digital platform that allows the supreme court to send interim orders, stay orders, and bail orders to the appropriate authorities via a secure electronic channel. The online introduction of the FASTER programme was attended by CJI Ramana, Justices …

April, 2022 - - Part 40_10.1

Manipur govt tie-up with Samsung to start Sports Digital Experience Centre

The state government of Manipur has signed a Memorandum of Understanding (MoU) with Samsung Data System India Pvt Ltd and Abhitech IT Solutions Pvt Ltd for setting up a world-class “Sports Digital Experience Centre” as a domain of Manipur Olympian Park and Khuman Lampak Sports Complex. The MoU was exchanged in the presence of chief …

April, 2022 - - Part 40_11.1

HDFC ERGO launched “VAULT” digital customer engagement and rewards program

HDFC ERGO General Insurance Company has launched its VAULT program. It is India’s first industry-based digital customer engagement and rewards program. This program is an experiment to test a new idea under the Regulatory Sandbox of IRDAI (Insurance Regulatory and Development Authority of India). The testing period will be till 14th May 2022 and further …

April, 2022 - - Part 40_12.1

Maharashtra launches scheme to offer personal loans for prisoners

The Maharashtra government has introduced a scheme that allows prisoners to obtain personal loans from banks of up to Rs. 50,000 to help their families improve their living conditions and meet expenses related to their legal matters. It will be a first of its kind initiative in our country. The Maharashtra State Co-operative Bank would …