India's largest bank also plans to put 10,000 people on the ground to guide people to transition to the digital banking application as it pushes towards a uniform application on the mobile, web and branch banking.
National Commodity & Derivatives Exchange Ltd, NCDEX, has received in-principle approval from Sebi to launch a mutual fund transaction platform. This platform will enable investors to subscribe to and redeem mutual fund units. The exchange aims to expand financial inclusion by targeting rural and semi-urban areas with low-denomination systematic investment plans.
