Thursday, Aug 22 2019 | Time 17:34 Hrs(IST)
image
  • Honour killing: Ten, including girl's brother, adjudged guilty
  • Brazil minister heckled at environment conference over Amazon fires
  • ICC appoints Jonathan Hall as General Counsel & Company Secretary
  • ICC appoints Jonathan Hall as General Counsel & Company Secretary
  • Stray crocodile around Andaman's Tourist Spot triggers concerns
  • Nigerian national held with cocaine worth Rs 1 50 cr
  • Digit Insurance forays into Bancassurance with Karur Vysya Bank
  • SC has given a broad outlook in drafting personal data protection law: Ajay Prakash Sawhney
  • Imran says "no point talking" to India: New Delhi affirms Pakistan must take action on terror
  • Medical negligence alleged as boy admitted with stomach pain given snake venom injection and dies, 8-month pregnant woman given wrong blood
  • Dahi Handi celebrations to be low-key affair owing to recent floods
  • Amazon fire turns 'day into night' in Sao Paulo
  • Rs 62,500 looted from Manager of Customer Service Centre of Rural Bank
  • Kashmir:Thousands of marriage functions cancelled in peak season, sector badly hit
  • First organ transplantation unit successfully commissioned at IGMC, HP
Business Economy


Sarvatra Technologies brings 450th Co-operative Bank on National Financial Switch

New Delhi, Aug 17 (UNI) Sarvatra Technologies, India’s leading end-to-end payments and banking solutions provider, announced that they have successfully on-boarded ‘Sevalia Urban Co-operative Bank’ as 450th co-operative bank on National Financial Switch (NFS).
With this addition, the company has enabled as many co-operative banks on digital payment platform by making them interoperable with large banks.
Contributing to the Digital India story, Sarvatra Technologies has played a very vital role in digitising small co-operative banks across India. It has enabled lakhs of semi urban and rural customers to the digital banking world. Sarvatra aims to add another 50 plus co-operative banks by FY 2019.

In continuation to their digital payment enabling story for India, Sarvatra has provided digital payment platform from the smallest cooperative banks to the largest lenders in India like ICICI Bank, IDBI Bank and new generation clients including Paytm Payments Bank and Equitas Small Finance Bank.

Sarvatra backed by prominent investors like Vallabh Bhanshali, Chairman, , ICICI Bank, Indian Overseas Bank and Oracle Financial Services Software, has played a vital role in contribution towards Financial Inclusion in India.

Co-operative banks earlier had poor network connectivity across branches and were disconnected with other large banking fraternity. Sarvatra Technologies provided SaaS based technology infrastructure for banks to centralize its system and to participate in the national payments network. Entire management of data centers and technological infrastructure has led to reduced operating cost for them.
Company has on boarded banks across India covering 23 states and three union territories. Sarvatra works very closely with its sponsor banks - HDFC Bank, ICICI Bank, Axis Bank and Yes Bank, according to a release issued here.

UNI RSA ADG 1741
More News
Yes Bank slid by 13 91 pc to Rs 56 30

Yes Bank slid by 13 91 pc to Rs 56 30

22 Aug 2019 | 4:56 PM

Mumbai, Aug 22 (UNI) Yes Bank on Thursday slipped by 13.91 per cent to Rs 56.30 to be the top losers in the 30 scrips index of Bombay Stock Exchange (BSE).

see more..
Sensex slumps by 587 44 pts

Sensex slumps by 587 44 pts

22 Aug 2019 | 4:55 PM

Mumbai, Aug 22 (UNI) The benchmark index of Bombay Stock Exchange (BSE) remained under pressure for the third straight session on Thursday as it dropped by 587 points to settle at 36,472.92 as selling was seen across the board along with weak global cues.

see more..
ICC Academy launches new certification on microfinance

ICC Academy launches new certification on microfinance

22 Aug 2019 | 4:54 PM

New Delhi, Aug 22 (UNI) ICC Academy, the educational arm of the International Chamber of Commerce (ICC), on Thursday launched the Microfinance Associate Certificate in partnership with Satin Creditcare Network, one of the world’s leading microfinance providers.

see more..
Granules Pharmaceuticals, Inc  completes US FDA inspection with 2 minor observations

Granules Pharmaceuticals, Inc completes US FDA inspection with 2 minor observations

22 Aug 2019 | 4:49 PM

Mumbai , Aug 22 (UNI)Pharma Major, Granules India on Thursday said US FDA has completed inspection of the facility of Granules Pharmaceuticals, Inc., a wholly-owned foreign subsidiary of the Company located in Chantilly, Virginia, USA on August 21,019 with two (2) minor observations.

see more..

Ahmedabad Oil Market rate

22 Aug 2019 | 4:17 PM

Ahmedabad, Aug 22 (UNI) The Oil Market showed a firm trend here on Thursday.

see more..
image