RBI’s ₹2000 Note Withdrawal: 98% Returned, 2% Still in Circulation The Reserve Bank of India (RBI) recently announced that 98% of the ₹2000 denomination notes have been returned to the banking system since their withdrawal in May 2023. Only 2% of these high-value currency notes remain in circulation. This move is part of the central…
India’s First AI Unicorn: Krutrim Ola Founders’ AI Start-Up Makes Waves In the dynamic landscape of India’s startup ecosystem, a remarkable achievement has been etched by the founders of Krutrim Ola, as their artificial intelligence (AI) startup emerges as the country’s first AI unicorn. This groundbreaking milestone not only signifies the prowess of Indian entrepreneurs…
PhonePe Appoints Ritesh Pai as CEO for International Payments Division PhonePe, the leading digital payment platform in India, has recently announced the appointment of Ritesh Pai as the Chief Executive Officer (CEO) for its International Payments Division. This strategic move comes as PhonePe aims to expand its global presence and fortify its foothold in the…
Rajnish Kumar Appointed Chairman of Mastercard India Former State Bank of India (SBI) Chief, Rajnish Kumar, has recently been appointed as the Chairman of Mastercard India. This appointment has significant implications for the financial sector and governance, especially for students preparing for government exams in fields like banking, finance, and civil services. Let’s delve deeper…
“Finance Ministry Appoints SEBI ED Pramod Rao to IFSCA Board” The Finance Ministry has recently made a significant appointment to the International Financial Services Centres Authority (IFSCA) board. Pramod Rao, the Executive Director (ED) of the Securities and Exchange Board of India (SEBI), has been appointed as a member of the IFSCA board. This move…
Anantharaman Appointed as the New Chairman of TransUnion CIBIL In a significant development, Mr. Rajesh Anantharaman has been appointed as the new Chairman of TransUnion CIBIL, a leading credit information company in India. This appointment comes as a crucial move for the organization, given its importance in the financial sector. In this article, we will…
