Context This article highlights the need for geographic diversification of corporate social responsibility (CSR) spending and the way forward for its implementation. What is Corporate Social Responsibility? CSR is a management concept through which a company achieves a balance of …
How does India measure retail inflation? Inflation refers to a rise in the general level of prices of a set of goods and services over a period of time. India bases its retail inflation metrics on the Consumer Price Index …
About Payments banks Payments banks are the new age banks with limited facilities. These banks mostly operate through the small vendors and shopkeepers. It exists in between the mobile wallet and regular banks. Payments banks are permitted to set up …
What’s in the news? The pilot of Digital Rupee- Retail segment (e₹-R), which was recently launched by the RBI, is covering select locations in closed user group (CUG) comprising participating customers and merchants. The e₹-R pilot currently covers the five …