innovationinbanking

          In the last five years, NPCI_IMPS (Immediate Payment System) has spread its wings far and wide.    NPCI_IMPS has touched many lives and introduced new safe digital transactions channel to many a sceptic.           The participants in NPCI_IMPS ecosystem have been on the search to widen the base. One such effort is introducing NPCI_IMPS channel for donations in Religious places.           The main source of income for Religious places is the Donations received through its devotees. In the olden days, the donations were handed over to devotees who were travelling to the respective places. In majority of the homes, a donation box was kept in the praying place and money dropped into it. As and when the family members or known members travelled to the chosen religious place, the total Collection in the Donation Box was...

              The unprecedented rains in Chennai and surrounding districts have disrupted normal life.   The citizens are showing tremendous courage and are in the process of rebuilding their daily lives.               Numerous organisations are working to restore normalcy in the affected regions. In the next couple of months or so, a sense of normalcy will return.               The chief needs of the affected citizens are A)       Shelter-till the water recedes B)       Food –till they are able to go back to their original homes C)       Clothes-till they are able to retrieve their original clothes in case they are still in good condition. Indians all over the world are chipping in whatever the...