FM Nirmala Sitharaman inaugurates doorstep banking services by PSBs : Bulletin: Business Today
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FM Nirmala Sitharaman inaugurates doorstep banking services by PSBs

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BusinessToday.In | September 10, 2020

Public sector bank services at doorstep; govt rolls out new banking features

Finance Minister Nirmala Sitharaman inaugurated doorstep banking services by public sector banks (PSBs). Banks aim to provide convenience to their customers and at their doorstep through call centre services, web portal and mobile app. Customers would also be able to track their service requests through these channels.

DCGI notice to Serum Institute after AstraZeneca halts Oxford COVID-19 vaccine trials

The central drug regulator Drug Controller General of India (DCGI) on Wednesday issued a show-cause notice to Serum Institute of India (SII) for not informing it about AstraZeneca suspending the clinical trials of the Oxford vaccine candidate for COVID-19 in other countries and also for not submitting casualty analysis of the "reported serious adverse events". Human trials of the most promising COVID-19 vaccine candidate, being developed by the University of Oxford, have been put on hold after a UK participant had an adverse reaction to it.

Flipkart onboards 50,000 kirana stores ahead of festive season, Big Billion Days sale

E-commerce giant Flipkart has expanded its kirana onboarding programme ahead of the festive season and 'Big Billion Days' sale. Flipkart said it has on boarded more than 50,000 kirana stores to make deliveries in more than 850 cities this time. Its team has initiated contactless onboarding of kiranas via online application forms to boost their participation in the festive season.

Reliance Jio may launch 10 crore low-cost Android smartphones in December 2020

Mukesh Ambani-led Reliance Industries Ltd's (RIL) telecom unit-Reliance Jio is looking to roll out 10 crore (100 million) low-cost smartphones by December 2020. The low-cost phones will be built on Google's Android, as per a report by Business Standard. The phones which will be bundled by data packs are slated for December 2020 or early next year. It is not clear if these phones will have 4G or 5G connectivity.

Vehicle registrations dip 26.81% YoY in August; PV sales down 7%

Even as vehicle retail registrations declined 26.81 per cent year-on-year to 11,88,087 units in August, an improvement on month-on-month basis was seen owing to uptick in bookings in the wake of ongoing festivities, the data released by Federation of Automobile Dealers Associations (FADA) stated on Wednesday. The apex national body of automobile retail industry said the overall demand is still not equal to the pre-COVID levels, as despite abundant liquidity, the risk-averse mood of banks and NBFCs, coupled with stricter CIBIL scores, failed to capture the demand in August.

Donald Trump nominated for Nobel Peace Prize 2021

US President Donald Trump has been nominated for the 2021 Nobel Peace Prize weeks after he offered to help broker peace between Israel and the United Arab Emirates. Trump was nominated by a member of the Norwegian Parliament Christian Tybring-Gjedde. He wrote a letter to the Nobel Committee in which he said that the Trump government had played an important role in establishing better relations between UAE and Israel.

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