January 2022

Govt extends scope of Advisory Board for Banking and Financial Frauds (ABBFF) to cover all fraud cases involving amount of Rs.3 Crore and above

Govt extends scope of Advisory Board for Banking and Financial Frauds (ABBFF) to cover all fraud cases involving amount of Rs.3 Crore and above

The Central Vigilance Commission (CVC) on Thursday expanded the scope of the Advisory Board for Banking and Financial Frauds (ABBFF), which would now examine bank frauds of Rs 3 crore and above and recommend action. Till now, the ABBFF was only looking into banking and financial frauds of Rs 50 crore and above. The ABBFF […]

Govt extends scope of Advisory Board for Banking and Financial Frauds (ABBFF) to cover all fraud cases involving amount of Rs.3 Crore and above Read More »

Govt notifies Certification Scheme for Unmanned Aircraft Systems (Drones)- to boost indigenous manufacturing

Govt notifies Certification Scheme for Unmanned Aircraft Systems (Drones)- to boost indigenous manufacturing

The Ministry of Civil Aviation (MoCA) has notified a drone certification scheme to ensure minimum safety and quality requirements so as to boost indigenous manufacturing. The drone certification scheme was notified on January 26, 2022, under Rule 7 of the liberalized Drone Rules, 2021 will help in simpler, faster and transparent type-certification of drones. The

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TerraPay partners with NPCI International to boost cashless transactions for Indian customers

TerraPay partners with NPCI International to boost cashless transactions for Indian customers

National Payments Corporation of India (NPCI) on Thursday said its international payments arm NPCI International Payments Limited (NIPL) has signed a memorandum of understanding with TerraPay, Netherlands-based global payments infrastructure company to allow Indians with an active UPI ID to receive real-time, international payments into their bank accounts via TerraPay’s secure payments technology. NPCI International

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