Airtel launches India’s first Payments Bank service in Rajasthan

• Airtel Payments Bank Limited or Airtel Bank became the first payments bank in the country to launch live banking services in Rajasthan.
  

Insolvency And Bankruptcy Board Of India Notifies Regulations

• The Insolvency and Bankruptcy Board of India (IBBI) has notified two new regulations that govern the eligibility criteria for becoming a professional member of an Insolvency Professional Agency 
• As per the regulations, a company registered under Section 8 of the Companies Act, 2013, with a minimum net worth of Rs. 10 crore shall be eligible to be an Insolvency Professional Agency.
  
  

NABARD to disburse Rs. 21,000 to farmers via cooperative banks

• The union government has allowed National Bank for Agriculture and Rural Development (NABARD) to disburse Rs 21,000 crore to cash-starved farmers
• NABARD will disburse the money to District Central Cooperative Banks (DCCBs) which will pass it on to the farm cooperatives