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Business Economy


YES Bank announces partnership with Telangana Smart Cities to launch 'Collaboration-as-a-Service' economy

YES Bank announces partnership with  Telangana Smart Cities to launch 'Collaboration-as-a-Service' economy

Hyderabad, Jul 20 (UNI) YES Bank, India’s fourth largest private sector bank, announced partnership with Karimnagar and Warangal smart cities in Telangana to launch an industry-first ‘Collaboration-as-a –Service’ platform to address urban development challenges.



As a part of its newly launched YES SCALE Smart City Accelerator, the Bank is inviting startups from around the world to collaborate with technology leaders like Bosch and Dell EMC and work on problem statements provided by respective smart cities.

As a partner to the programme, PwC has also committed to leading strategic partnerships and advisory and implementation of innovative solutions in the smart cities, a Bank statement here said on Friday.



Commenting on the development Mr Rana Kapoor, MD & CEO, YES BANK said, “This is a significant step towards creating ‘Collaboration-as-a-service’ economy and re-looking at urbanization as an opportunity, not a problem'.

'YES BANK’s cross industry collaboration through YES SCALE Smart City accelerator will empower these cities with innovative solutions to seamlessly connect people, processes & devices and enable administrators to respond faster to citizen’s needs while also creating new revenue sources. The strategy is fully aligned with the national agenda of moving India from Fragile 5 to making India a USD 5 TN economic super power.”



YES BANK’s YES SCALE Smart City accelerator has created an eco-system to help startups test, develop and deploy their solutions across the cities and further scale across the country, the statement added.

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Kotak Mahindra Bank launches  festive offer in UP

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16 Oct 2019 | 2:53 PM

Lucknow, Oct 16(UNI) To commemorate the festive season, Kotak Mahindra Group (Kotak) on Wednesday announced the launch of 'Kona Kona Khwaab Loan Utsav' in Uttar Pradesh with attractive rates and offers across their whole range of products in the consumer, agri and tractor loan segments.

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Saraswat Co-operative Bank launches 'Saraswat Bank 100+  Smart Savings Account App'

Saraswat Co-operative Bank launches 'Saraswat Bank 100+ Smart Savings Account App'

16 Oct 2019 | 2:20 PM

Mumbai, Oct 16 (UNI) Saraswat Bank has become the first bank in the Co-operative sector to launch an account opening app, Saraswat Bank 100+.

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MG Motor India partners with eChargeBays

MG Motor India partners with eChargeBays

16 Oct 2019 | 2:12 PM

Mumbai, Oct 16 (UNI) MG Motor India on Wednesday announced its partnership with eChargeBays, a Delhi-based start-up, to assist its customers with last-mile assistance in setting up infrastructure at their home for charging their EV.

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Govt committed to safeguarding IP content: Commerce Secretary

Govt committed to safeguarding IP content: Commerce Secretary

16 Oct 2019 | 1:29 PM

New Delhi, Oct 16 (UNI) Government of India is committed to safeguarding against infringement of originality and creativity of the makers to give a boost to services exports, Commerce Secretary Anup Wadhawan has said.

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J P S  Chawla assumes charge as new CGA

J P S Chawla assumes charge as new CGA

16 Oct 2019 | 1:20 PM

New Delhi, Oct 16 (UNI) J P S Chawla assumed charge as the new Controller General of Accounts, Ministry of Finance, Department of Expenditure, here on Wednesday.

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