Odisha government department signs MOU with SBI Posted on 14th October 2017 |
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The Odisha government’s Directorate of Treasuries and Inspection and the State Bank of India have signed an MOU for integration of SBI e-Pay with cyber treasury. The MoU is a landmark initiative by the state government to facilitate revenue collection from citizens through digital banking platform, an official said. The SBI e-Pay is the payment aggregator service wing of the bank which will facilitate on line payment of government dues by the customers of any public/ private sector banks by using the payment gateway of SBI. Any mode like debit card/ credit card/ mobile banking/ net banking facility provided by approximately 42 partner banks can be used by the users/ payers besides facility of cash deposit at any branch of SBI across the state. All revenue generating departments of the state government can integrate with this Gateway through state treasuries. Right now, industries and revenue department are integrated with this gateway for smooth collection of the state revenue, he said. It will promote hassle free digital transaction and one noble initiative to enhance digital penetration by the state’s finance department and SBI, Bhubaneswar Circle, he said. The MoU has been signed by Bhabani Prasad Nanda, Director, Treasuries & Inspection and Goutam Roy, DGM, SBI on behalf of Odisha government and SBI respectively. |
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Audit clears Facebook despite Cambridge Analytica leaks Posted on 21st April 2018 |
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An audit of Facebook’s privacy practices for the Federal Trade Commission found no problems even though the company knew at the time that a data-mining firm improperly obtained private data from millions of users — raising questions about the usefulness of such audits. Facebook agreed to outside audits every two years as part of a 2011 settlement with the FTC over its privacy practices. |
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HDFC Bank Q4 net profit rises 20% to Rs4,799 crore Posted on 21st April 2018 |
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Mumbai: HDFC Bank Ltd on Saturday said its fourth quarter net profit rose 20.28% on the back of higher net interest income and other income. The bank posted a net profit Rs4,799.28 crore for the three months ended 31 March compared to Rs3,990.09 crore in the year-ago period. Profit was lower than Rs4,858.9 crore estimated by a Bloomberg poll of 22 analysts. |
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NORTH KOREA SUSPENDS NUCLEAR, MISSILE TESTS Posted on 21st April 2018 |
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North Korea on Saturday announced its suspension of all missile tests and shutting down of nuclear test site, saying its quest for nuclear arms was "complete" and it "no longer needed" to test its weapons capability. "Under the proven condition of complete nuclear weapons, we no longer need any nuclear tests, mid-range and intercontinental ballistic rocket tests, and that the nuclear test site in northern area has also completed its mission," North Korean leader Kim Jong-un was quoted as saying by the state-run KCNA news agency. |
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PNB impounds passports of 150 wilful defaulters Posted on 21st April 2018 |
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NEW DELHI: Punjab National Bank (PNB), the country’s second-largest public sector lender + , has impounded passports of 150 wilful loan defaulters apart from lodging 37 FIRs against those who are not repaying loans as part of its recovery drive. “The bank has already declared 1,084 wilful defaulters and published photos of 260 such defaulters in newspapers,” the bank said in a statement. |
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