The North Daily

Amit Sheth, Comrades International  Brand Ambassador for the Indian Subcontinent ran the NMIMS Chandigarh Marathon. Chandigarh:  With an aim to create awareness about fitness among people and celebrate the upcoming ‘International Women’s Day’ - Narsee Monjee Institute of Management Studies (NMIMS), Chandigarh organised a Half Marathon-'Narsee Monjee Half Marathon International Women's Day Run', which was flagged off at the NMIMS campus. The event was held in support of GOI’s ‘Fit India Movement’ which aims to encourage people to remain healthy and fit by including sports in their daily lives.  Dr. Dharam Pal (IAS), Adviser to Administrator, Chandigarh (UT) was the chief guest and he also gave away prizes to the winners.   UT Adviser, Dr. Dharam Pal along with Amit Sheth, Honorary Secretary and Mentor, NMIMS graced the event and also participated in the run. Amit is also a well-known marathoner and was the first Indian national to run the Comrades Marathon in...

Chandigarh :  The use of technology and digital transactions will grow rapidly this year, but the financial institutions will have to ensure to protect people from online frauds. Panjab University (PU) alumnus Dr Hemant Garg gave this opinion while commenting on the future trends of fintech in 2022. He recently made India proud by successfully managing the Infinity Forum, a global FinTech event, inaugurated by PM Modi and addressed by business leaders like Reliance MD Mukesh Ambani, Infosys co-founder Nandan Nilekani, Soft Bank CEO Masayashi Son and others. Dr Garg has done LLM from PU, Chandigarh .   Dr Hemant Garg Dr. Garg, Nodal Officer (Social Media) at the International Financial Services Centers Authority (IFSCA), believes that Crypto assets powered by blockchain technology will evolve and become popular in the same way as social media evolved from what it was in 2015. However, the RBI is in the process of releasing Blockchain CBDC (Central Bank Digital Currency) as...

New Delhi : The Home Textile Exporters' Welfare Association (HEWA) whole heartily thanked the Modi Government for giving patient hearing to various woes of Indian Textile exporters that were brought to the cognizance of various ministries and govt departments by HEWA. The Union Minister for Textile & Commerce, Piyush Goel and Union Minister for Information & Broadcasting, Anurag Thakur declared during a press briefing recently that Government of India has approved disbursal of a hefty amount of Rs 56,000 crore arrear to the exporters under various schemes such as MEIS, RoSL, RoSCTL and RoDTEP. The declaration is a very big relief for the entire Export Industry, which includes MEIS worth Rs 33,000 crore, RoSCTL and RoSL worth Rs 5,500 crore and few other schemes aggregating Rs 5,000 crore. An amount of Rs 12,500 crore for RoDTEP and Rs 7,000 crore for RoSCTL has been sanctioned this year, which is over and above that of Rs 56,000 crore. As liquidity will be made availa...

Mumbai: HDFC Bank has announced the launch of Video KYC (Know Your Customer) facility. After successful completion of the pilot project, HDFC Bank has deployed consent-based Video KYC facility as an alternate method of establishing the prospective customer’s identity, during the account opening process in a safe and secure environment. The video KYC facility is a result of an Agile Pods comprising teams from Branch Banking, Digital Banking and Retail assets working together. At HDFC Bank, there are various Agile Pods working on new products and services for customers. This is in line with the One Bank vision of harnessing the competencies and capabilities of various teams for strategic projects in the Bank. The Video KYC facility has been deployed for Savings and Corporate Salary accounts and Personal Loans so far and will be rolled out for other products in a phased manner. As per the RBI directions, successful completion of Video KYC is equivalent to full KYC and the customers a...