innovationinbanking

          India Posts ‘My Stamp’ brand name for personalized sheets of Postage Stamps by  India Post got its biggest endorsement today.           Akkineni Nagarjuna’s son’s Naga Chaitanya and Akhil Akkineni, through the launch of personalised postal stamp  featuring their father and Taj Mahal, ensured  wide publicity for the India Posts ‘My Stamp’ brand.           A total of 10,000 postal stamps have been printed and the same were released at 12 noon on 29/08/2016.           One more reason for the personalised stamp release is to celebrate King Nagarjuna new avatar as Singer. King Nagarjuna has sung a song his next film Nirmala Convent “This is the biggest surprise of my life,” said Nagarjuna. The stamp will feature a portrait of Nagarjuna as a singer alongside the Taj Mahal...

                     A very brief introduction .             A wide range of digital tools have been deployed at Krishna Pushkaralu   to increase the Spiritual Quotient of the Devotees.             The preparations for the smooth conduct of Krishna Pushkaralu   by Andhra Pradesh and Telangana Government commenced a year ago.              The speed picked up after the conclusion of the Godavari Maha Pushkaram The learning at the conduct of the Godavari Maha Pushkaram were taken into consideration for the smooth conduct of the KP both by Andhra and Telangana Governments             The respective Chief Ministers were clear that Digital T...

            The heart   of any transport company is the ‘Fare collection system’. The success of a transport corporation is largely attributed to collection of fares at the lowest possible cost.             Over the decades, the collection cost of ‘fares’, has reduced to a considerable extent.             One way to still reduce the costs is digitization of the ‘fare collection’, process             Digitization of   fare collection refers to the process wherein the human staff in the Bus need not issue tickets.    The passengers pay the requisite fare through Physical cards. The physical cards can be wallets wherein the money is stored on the card itself or debit/credit card.        ...

          Union Bank of India in partnership with National Payments Corporation of India (NPCI) has launched a Unique APP to boost Safe Digital Payments in India.           The APP christened as “Union Bank *99#” is available at present for Android mobiles.           The Tag line of “Union Bank *99#” App is  -- Simple and Easy Banking --       No internet is required to transact through the APP, but USSD transaction charges will be levied by Telecom Companies.           TRAI (Telecom Regulatory Authority of India) has set a maximum ceiling of Rs. 1.50 / transaction for using the *99# service.  This means you can be charged upto INR1.50/- per request, be it Financial or Non-Financial.           A disclaimer s...

Holidays in August  2016           The following is the list of Bank Holidays in various Indian States during August 2016           Please note RTGS/NEFT Holiday is on August 15 th , 2016. IMPS is open on all the days. August 2016: Holidays for unique festivals/occasions Special Occasion :  De jure tranfer Day – 16/Aug/16 – Tuesday Please read this Blogpost to know more about De Jure Transfer Day Treaty establishing De Jure Cession of French Establishments in India State: Pondicherry Festival: Parsi New Year (Shahenshahi) -17/Aug/16 - Wednesday Parsi New Year (Shahenshahi) 2016 Shahenshahi New Year is on August 17, 2016 Navroz Mubarak: 6 Fascinating Facts About Parsi New Year! State: Maharashtra Raksha Bandhan - 18/Aug/16 –Thursday Happy Raksha Bandhan Raksha Bandhan in India Holiday in the following States: Madhya P...