SBI announces introduction of UPI interoperability on CBDC for seamless transactions

Kolkata, Sep 4 (UNI) The State Bank of India, country’s largest lender, continued leading the way in pioneering innovative digital solutions by implementing UPI interoperability in its Digital Rupee (e₹) also called Central Bank Digital Currency (CBDC). With this move, the bank aims to deliver unprecedented convenience and accessibility to its customers. This cutting-edge feature,…

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India’s core sector output grows 8 pc in July

New Delhi, (UNI) Driven mainly by the coal, cement, and steel sectors, India’s core output, comprising of eight key infrastructure sectors, grew 8% year-on-year (YoY) in July 2023. “The combined Index of Eight Core Industries (ICI) increased by 8.0 per cent (provisional) in July 2023 as compared to the Index of July 2022,” said the…

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PNB launches ‘GST Sahay’ App

Mumbai, (UNI) Public Sector lender Punjab National Bank on Wednesday said that it has launched PNB ‘GST Sahay’ App, a mobile application based on the GST Sahay scheme, an end–to-end digital product under which lending can be done on the basis of GST invoices. With this integration, PNB has become the first public sector bank…

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Reliance foundation Chairperson Mrs. Nita Ambani virtually addressed the Reliance family at the 46th AGM of RIL, where she reflected upon the launch of the NMACC and the work of RF

Mumbai, Mrs Ambani graced the occasion in a Banarasi brocade saree, handwoven by master artisan Shri Iqbal Ahmad. This exquisite lavender weave celebrates the centuries-old craftsmanship of Varanasi. Its intricate design reflects the diversity of Indian artistry with barfi booti, koniya paisley motifs, and traditional zari work. The Banarasi weave is one of the many…

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