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SBI offers 20 bps discount on electric vehicle loans

Apr 23, 2019

“We believe SBI green car loan (electric vehicle) scheme would act as a change agent in the auto loan segment and encourage customers to switch to electric vehicles which can improve overall air quality and lower carbon emissions,” SBI managing director, retail and digital banking, PK Gupta said.

Aadhaar never collected individual data, it’s just an ID: Nandan Nilekani

Apr 23, 2019

“It (Aadhaar) is a much simpler system because the privacy problem becomes more acute when there is an organisation collecting data on you. Aadhaar was never collecting data on you.All that Aadhaar was doing was giving an ID and doing the verification. So, it is not really a great candidate for this (surveillance),” Nilekani said.

Acko and Rapido tie-up to insure customers and captains

Apr 23, 2019

The comprehensive cover offered by Acko kicks in the moment a ride begins and secures the captain and customer against a multitude of risks. Besides death and disability where the sum insured is up to Rs 5 lakh, this cover also includes loan protection, medical expenses reimbursement and OPD treatment. Additionally, for captains, the insurance also covers child education, helmet and mobile damage

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