Protean eGov Technologies has secured a Rs 100 crore work order from the Bima Sugam India Federation to serve as the Technology Solution Provider for its unified digital insurance marketplace. The 72-month domestic contract involves end-to-end development, integration, and support of the platform, strengthening Protean’s position in India’s Digital Public Infrastructure (DPI) ecosystem.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.