Bank of Baroda Becomes the First Bank to Launch Credit Line on UPI – OD Facility for Women SHG Members

Mumbai, Mar 20:Bank of Baroda, India’s International Bank, announced the launch of Overdraft (OD) Facility on Credit Line on UPI for verified women Self-Help Group (SHG) members holding Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts, becoming the first bank in the country to operationalise this digital credit innovation. This initiative…

Continue Reading

Algorand Foundation and Algorand Technologies Unify Ecosystem Operations Through Strategic Agreement

DELAWARE, Mar 20: The Algorand Foundation and Algorand Technologies today announced a landmark agreement for Algorand Technologies’ intellectual property and Algorand Protocol development and support activities to be consolidated at Algorand Foundation. Given the decentralized nature of the  protocol, proposed improvements continue to be subject to the approval of the vast majority of consensus participants. This strategic consolidation marks the final step in the Foundation’s transition to a unified, U.S.-based structure designed…

Continue Reading

NICDC to Lead ‘BHAVYA’ Scheme for 100 Plug-and-Play Industrial Parks

NEW DELHI, March 20: The National Industrial Corridor Development Corporation (NICDC) will anchor the implementation of the ‘BHAVYA’ scheme aimed at developing 100 plug-and-play industrial parks across the country to boost manufacturing and investment. The initiative, under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce…

Continue Reading