The very purpose of nationalisation in India — serving the unbanked and under-banked — is yet to be achieved and financial inclusion cannot afford the luxury of complete privatisation
A report by India Today points out that these clandestine apps first entice the user by offering instant loans without any lengthy paperwork or collateral.
Interacting with IT and Industries Minister KT Rama Rao over a video conference on Monday, the company representatives made an announcement in this regard.
"The next chapter of the cloud demands the power to quickly innovate and respond to changing market and client demands- build once and deploy anywhere," Natarajan told
"Launch of DakPay adds up to the legacy of India Post, which is about reaching out to every household," Communications and IT Minister Ravi Shankar Prasad said while launching the app.
"He has expressed his intention not to seek re-appointment as MD and CEO of the company and would thus accordingly cease to hold office effective from close of business hours on January 11, 2021," Zensar said.
Bank employees affiliated to All India Bank Employees Association (AIBEA), National Confederation of Bank Employees (NCBE) and Bank Employees Federation of India (BEFI) are supporting the strike.
PowerGrid topped the Sensex gainers' chart, climbing 4.13 per cent, followed by Bharti Airtel, Tata Steel, NTPC, HDFC Bank, Kotak Bank, UltraTech Cement and HDFC. HDFC twins accounted
ICICI Bank was the top gainer in the Sensex pack, jumping over 5 per cent, followed by Axis Bank, Nestle India, SBI, HDFC, ONGC and Kotak Bank. On the other hand, Bajaj Auto, TCS, Bharti Airtel, M&M and Maruti were among the laggards.
Paytm said it is designing an innovative digital experience on its app allowing users to manage their overall spends and have full control over the card usage.
