EPF to go online within 4 months
Union Labour Minister Mallikarjun Kharge has said that Employees Provident Fund Portal will be up within four months, enabling people to check their PF account on the click of a button.
Union Labour Minister Mallikarjun Kharge has said that Employees Provident Fund Portal will be up within four months, enabling people to check their PF account on the click of a button.
Indian Bank has been selected as a Model Bank for their core banking modernisation program by Celent, a research and advisory firm.
HCL Infosystems has announced deployment of its Bilingual Banking Software
The Life Insurance Corporation has decided to operationalise a system within two years that will allow policy holders to claim benefits and pay premium at any of its over 2,100 branches.
Soon State Bank of India (SBI) will provide banking services through e-Gram project, the Gujarat Government-pioneered e-Gram project, which aims to provide e-Governance services in villages. SBI will provide checking of account balance, deposits, loans insurance and other banking services through the Internet.
Thousands of villagers across 12 states are likely to get their social security pension and wages paid under the National Rural Employment Guarantee Act (NREGA) scheme with the help of mobiles over the coming few months.
The Reserve Bank of India has launched an e-Portal (www.ict.cab.org.in) on information and communication technology (ICT) enabled financial inclusion efforts of banks.
The Nigeria Information Technology Development Agency (NITDA) will install 1000 ATM machines at various locations of Nigeria in partnership with a Private Business. NITDA will provide Mobile Internet Units, which are minivans specially fitted with Internet access to the CHAMS Consortium.
It is expected that e-Commerce market in India will reach INR 9,210 crore by the end of the financial year, 2007-08. e-Commerce had an estimated market of INR 7,080 crore at the end of 2006-07.
This is the first time, villagers in Warangal district in Andhra Pradesh will receive payments under the National Rural Employment Guarantee Act (NREGA) through a cutting-edge disbursement method.