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Weekly Current Affairs

Category : Business and economics
Published on: April 28 2024 Share on facebook

  • RBI imposes Rs 60.3 lakh penalty on five co-operative banks for regulatory violations.
  • S&P Global Market Intelligence's April 2024 report includes SBI, HDFC Bank, and ICICI Bank among the top 50 banks in the Asia-Pacific region.
  • The NCMC Debit Card was launched by Airtel Payments Bank to support the One Nation One Card initiative.
  • Irdai has eliminated the age limit of 65 years for purchasing health insurance policies, effective from April 1. 
  • Microsoft has introduced Phi-3-mini, a lightweight artificial intelligence model, aiming to broaden its client base with cost-effective options, marking the first release of three small language models by the company.
  • Razorpay has introduced its UPI infrastructure, UPI Switch, in collaboration with Airtel Payments Bank, marking a cloud-based innovation.
  • Perplexity AI, an AI search engine firm, secured $62.7 million in funding, marking a venture into the enterprise market with a valuation of $1.04 billion.
  • Indian Bank inks pact with Tata Power Solar Systems to offer financing solutions.
  • RazorPay partners with Airtel Payments Bank to introduce UPI infrastructure, enhancing digital payment accessibility.
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