Agreements

India Post & Nippon India Mutual Fund Join Hands to Offer Door-to-Door KYC Services

In a move to promote financial inclusion and simplify investor onboarding, India Post has signed a Memorandum of Understanding (MoU) with Nippon India Mutual Fund to offer door-to-door KYC verification services. Leveraging its unmatched nationwide network, India Post aims to...

DARPG and Bhashini Collaborate for a Multimodal, Multilingual Grievance Redressal System

In a major step toward enhancing citizen-centric governance, the Department of Administrative Reforms and Public Grievances (DARPG) has partnered with Digital India Bhashini to launch an AI-powered, multimodal, multilingual grievance redressal system for CPGRAMS. This initiative, in line with the...

UIDAI & IIIT-H Launch Biometric Challenge to Improve Age Invariance in Fingerprint Algorithms

The Unique Identification Authority of India (UIDAI), in collaboration with IIIT-Hyderabad, has launched a large-scale Biometric SDK Benchmarking Challenge to enhance fingerprint authentication for children. The initiative aims to address the issue of age invariance in biometric systems, ensuring greater...

India-Sri Lanka Business Collaboration Strengthens with the Launch of Lanka India Business Association (LIBA)

The Lanka India Business Association (LIBA) has been officially launched in Sri Lanka to enhance economic collaboration between India and Sri Lanka. With India poised to become the world’s second-largest economy by 2075, the initiative aims to foster trade, investment,...

MoRD and UNICEF YuWaah Sign Statement of Intent to Empower Rural Women and Youth

The Ministry of Rural Development (MoRD) and the United Nations Children’s Fund (UNICEF) YuWaah have signed a Statement of Intent (SOI) to empower rural women and youth across India. The three-year partnership focuses on creating livelihood opportunities, promoting entrepreneurship, and...

CDSL Arm Centrico Insurance Repository Partners with LIC for Digital Insurance Services

Centrico Insurance Repository, a subsidiary of Central Depository Services Limited (CDSL), has signed an agreement with the Life Insurance Corporation of India (LIC) to provide digital insurance repository services. This collaboration aims to enhance paperless policy management, enabling policyholders to...

India and Singapore Sign Letter of Intent on Green and Digital Shipping Corridor (GDSC)

India and Singapore have signed a Letter of Intent (LoI) on Green and Digital Shipping Corridor (GDSC) collaboration during the ongoing Singapore Maritime Week (SMW) on March 25, 2025. The agreement aims to promote maritime digitalization and decarbonization, with both...

SEBI Partners with DigiLocker to Reduce Unclaimed Assets and Strengthen Investor Protection

The Securities and Exchange Board of India (SEBI) has partnered with DigiLocker to streamline access to investors’ securities holdings and reduce unclaimed assets in the Indian securities market. This initiative enables investors to store and retrieve their demat holdings, mutual...

RBI and Bank of Mauritius Sign MoU to Promote Trade in Local Currencies

In a significant move to enhance bilateral trade and financial cooperation, the Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) have signed a Memorandum of Understanding (MoU) to facilitate the use of the Indian Rupee (INR) and...

UIDAI Partners with Sarvam AI to Enhance Aadhaar Services with AI-Powered Solutions

The Unique Identification Authority of India (UIDAI) has joined hands with Sarvam AI, a Bengaluru-based indigenous Generative AI (GenAI) company, to improve the user experience of Aadhaar services. This collaboration, effective from March 18, 2025, introduces AI-powered voice interactions, real-time...