BANKING AND ECONOMY Weekly Current Affairs

BANKING AND ECONOMY

• The Private life insurer Edelweiss Tokio Life Insurance inked bancassurance partnership with Fincare Small Finance Bank.
• The Private life insurer Bharti AXA Life Insurance and Airtel Payments Bank have entered a tie-up to offerPradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) to the Payment bank’s customers.
• The National Payments Corporation of India (NPCI) has launched Unified Payments Interface (UPI) 2.0.NPCI has upgraded unified payments interface (UPI) with enhanced security features and overdraft facilities.
• Sarvatra Technologies, have announced that they have started ‘Sevalia Urban Co-operative Bank’ as their 450th cooperative bank on National Financial Switch (NFS).