Taking one more step towards the Digital India Concept initiated by Narendra Modi, Paytm launches Paytm Bank in India. This formation of the bank is a combined decision of CEO Vijay Shekhar Sharma and Finance Minister Arun Jaitley. This bank is India’s mobile-first bankwith zero charges on all online transactions. To the more, there is no minimum balance requirement if …

Ahead of demonetization probe so as to curb black money, several enterprises have joins hand and come forward to push the motto of Digital India hence making the entire nation choose cashless society leading to a cashless economy. In the recent terms, Tata-Trusts have joined hands with Mobikwik along with Google-India so as to expand digital literacy rate in the …

In a nod to the Prime Minister’s dream of making India a cashless society, all defence canteens across the country will go cashless and will accept only digital transactions. The move is being seen as a major boost to the growing digitalisation across the country. The aim is to make India a cashless society. The defence canteens are India’s most …

India’s digital dream has been revealed to be a mirage for an astonishing 950 million people in a study by ASSOCHAM-Deloitte. The study revealed that despite low internet tariffs, increasing governmental focus on digitisation and e-commerce and falling smartphone prices, 950 million people are still on the wrong side of the digital divide. They do not have access to the …

Post demonetisation on the 8th of November, India’s $2 trillion economy is expected to undergo a sea change with a bold plan laid down by PM Narendra Modi and the Central Government. In a move that could see the end of corruption and red-tapism, the Central Government plans to shift all official government purchases, from the tiniest item like a …

In the verge of demonetization, Narendra Modi-led centre has urged and pleaded Central and State banks to open accountsof temporary and contractual based employees eventually paying them through the opened accounts. The respective step comes as a push towards financial inclusion from base standards where not only urban public but people belonging to remote areas as well as villagers be …

In a recent report from ANI, the cabinet has declared that account holders of current/cash/credit/overdraft accounts, which is active from the past 3 months can withdraw as much as Rs. 50,000 cash per week. The enhanced limitation will help the customer have time for withdrawal thus not lining up in queue leaving their daily chores at hold. However, the following benefit is …

Since the victory at the Lok Sabha Election in the year 2014, Narendra Modi has been heard speaking of a lot of his dream projects which include Swachch Bharat, Make in India, Digital India, etc. Right after the victory Modi, at his Maddison Square Garden, he spoke out about the Swachch Bharat mission. He said, “if the people of India …