Yes Bank partners with SellerApp to facilitate adoption of ONDC

Yes Bank partners with SellerApp to facilitate adoption of ONDC

Yes Bank has announced its partnership with SellerApp (a seller-centric intelligence platform) to adopt Open Network Digital Commerce (ONDC). This partnership will help them to expand their digital commerce footprint. ONDC is a strategic initiative of the Indian government with an aim to democratize the entire digital commerce space. The network is also being built as an alternative to e-tailers like Walmart-owned Flipkart and Amazon […]

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Bank of Baroda introduce new deposit products

Bank of Baroda introduce new deposit products

Bank of Baroda (BoB) has launched the ‘Baroda Tiranga Deposit Scheme’, a special retail term deposit product that offers interest rates of 5.75% for 444 days and 6% for 555 days. This scheme is applicable on retail deposits below ₹2 crore and remain in force till December 31, 2022. Senior citizens will earn an additional interest rate of 0.50%, while non-callable deposits will get 0.15%

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Indian Railways launches Operation Yatri Suraksha

Indian Railways launches Operation Yatri Suraksha

The Railway Protection Force (RPF) launched a pan-India operation known as Operation Yatri Suraksha to provide round-the-clock security to passengers. It facilities surveillance through CCTV, checking on active criminals, presence of a person at different stations to reduce crime. The RPF has launched a month-long pan-India drive against criminals who loot passengers in July 2022. The RPF caught 365 suspects who

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Ireland’s Kevin O’Brien announces retirement from International Cricket

Ireland’s Kevin O’Brien announces retirement from International Cricket

Ireland all-rounder Kevin O’Brien on Tuesday announced his retirement from international cricket after falling out of contention for this year’s T20 World Cup in Australia. O’Brien played three Tests, 153 one-day internationals and 110 T20 internationals during a 16-year international career and had spells with a number of English county clubs and T20 franchise sides around the world. The 38-year-old famously blasted

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Former BCCI Secretary Amitabh Choudhary passes away

Former BCCI Secretary Amitabh Choudhary passes away

Amitabh Chaudhary, the former BCCI acting secretary and president of Jharkhand State Cricket Association (JSCA) died of heart attack on Tuesday morning.He was 58. He served as acting secretary of the BCCI until 2019. He entered cricket administration in 2004 and served as the Jharkhand State Cricket Association (JSCA) president for over a decade. Career of Amitabh Chaudhary: Choudhary

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IRDAI conducts First Hackathon named Bima Manthan 2022

IRDAI conducts First Hackathon named Bima Manthan 2022

Insurance Regulatory and Development Authority of India has organized its first hackathon named “Bima Manthan 2022”. Theme: Innovation in Insurance Aim: To identify and develop solutions that have the potential to make the insurance available to every individual. Problem areas: Automated Death Claim settlement, miss-selling of Insurance products, identify uninsured motor vehicles, distribution of insurance products, Fraud prevention in

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UPSC

What about Liquidity and REPO RATE HIKE: UPSC Daily Important Topic | 17 August 2022

What about Liquidity and REPO RATE HIKE ✓While improving the availability of funds with the banks, Rates Hike will lead to a gradual decline in systemic liquidity. ✓To maintain adequate liquidity in the system, RBI will conduct two-way fine-tuning operations in the form of Variable Rate Repo (VRR) and Variable Rate Reverse Repo (VRRR) operations

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