innovationinbanking

          Due to heavy traffic to ‘donation.cmdrf.kerala.gov.in’, the site is experiencing breakdowns. Hence, kindly donate directly to ‘Chief Minister’s Distress Relief Fund’ through UPI Apps.           Yes, you can now donate through UPI (Unified Payment Interface) option too. As Kerala battles its worst flood in nearly a century, Chief Minister Pinarayi Vijayan said that the state has suffered an estimated loss of around Rs 19,512 crore as per the initial assessment. Admitting that the path to recovery can be long and arduous, the chief minister has urged all to contribute generously to the Chief Minister’s Distress Relief Fund Quote: Contributions to Chief Minister’s Distress Relief Fund (CMDRF) Made Easy Contributions can be made to Chief Minister’s Distress Relief Fund (CMDRF) from abroad in minimum time. We are getting very good response from Non-resident Keralit...

A   Mind-blowing Virtual Experience Spent the last four hours exploring IKEA Hyderabad, through its Website and IKEA Store App The whole experience is mind-blowing. Mind you this is still only the virtual experience. The physical experience is still ‘Work in Progress” The original theme of this article was: 7 IKEA Boosters for Safe ePayments in India. I will save this for a future article. Today’s theme is 11 IKEA Boosters for an enriching Physical shopping experience. IKEA Booster 01) The IKEA Showroom you can see the IKEA products in actual room settings IKEA Booster 02) The IKEA Market Hall where you can buy what you have tried in the IKEA Showroom IKEA Booster 03) The IKEA Self-Serve furniture area to pick-up the flat furnishing items you saw in the IKEA Showroom IKEA Booster 04) The IKEA 1000 seat Restaurant to savour Swedish and Local Dishes IKEA Booster 05) The IKEA Café for a last minute tasty and affordable bite IKEA Bo...

Reserve Bank of India has informed to public at large that it has imposed a monetary penalty of INR2,50,000 on National Urban Co-operative Bank Ltd.,Bahraich, Uttar Pradesh . The penalty was for multiple violations: - ·        violation of RBI Instructions/Guidelines on classification of investments into HTM/AFS/HFT categories, ·        conducting Concurrent Audit, ·        Prudential Norms on Inter-bank Gross Exposure and Counter Party Limit and ·        Know Your Customer Norms. Reserve Bank of India had issued a Show Cause Notice to the bank, in response to which the bank had submitted a written reply. After considering the facts of the case, the Reserve Bank came to the conclusion that the violations were substantiated and warranted imposition of penalty. The tag line of Bahraich is ‘The City of Agricultural Products’. Ba...

           Paytm has started the beta testing of its Paytm Money services.                It has thrown open the App to its employees to iron out any issues, before the commercial launch.           The commercial launch will be done by this month end.           The Tag Line is   - The Simplest Investment Platform in India The USPs are : 01)       Upto 1.5% Higher Returns -- With direct plans of mutual funds 02)          Zero Commissions -- No hidden distribution fees 03)          Leading AMCs in India - Names will be announced soon As only Direct Plan channel is planned, Paytm has tied up third-party mutual fund research firms such as Value Research and Morn...

Karnataka’s Horticulture department is ready to host 208th flower show in Lalbagh from August 4 dedicating it the Indian armed forces- army, navy and air force.           Karnataka Chief Minister inaugurated the 208 th edition of Lalbagh Flower Show on 4 th August, 2018.           Lalbagh Flower Show is a bi-annual organised every Republic Day and Independence Day.           Every edition has a dedicated theme around which the floral replicas are designed.                  The 208 th edition is dedicated to the Indian Armed Forces.   The #LalbaghFlowerShow is dedicated to the #IndianArmedForces, visitors will get to view floral replicas of PSLV, GSLV, Akash and BrahMos missiles, models of fighter jets and war helicopters.     ...

You can generate your Aadhaar Virtual ID (VID) now !! Have you got your Aadhaar Virtual ID (VID)? And where did you use?           Just log into this UIDAI page and generate your Aadhaar VID @ https://resident.uidai.gov.in/web/resident/vidgeneration           One the authentication process is over, the Aadhaar VID will be sent to the registered mobile number via SMS           As of now, the Aadhaar VID is not acceptable at any institutions           The user institutions have to upgrade their software applications to consume the Aadhaar Virtual ID (VID)           Clarity in respect of the following points will be provided in the near future: 01)   Will institutions stop asking for Xerox of Aadhaar Number cards? 02) Once th...