SBI signs MoU with IIT Bombay to promote startups

India’s top public sector bank, State Bank of India (SBI), has signed a memorandum of understanding (MoU) with the Indian Institute of Technology Society for Innovation and Entrepreneurship (SINE), (IIT) Bombay’s technology business incubator, to promote innovation by startups in the financial sector.

As per the MoU, both the parties will identify FinTech startups that have products or applications to cater to the financial sector and can help SBI explore opportunities to enhance the synergy for their banking services. SBI will provide a platform for testing/ piloting such products/applications and maybe also check for any specific business linkages. This MoU also aims to help evaluate startups operating out of SINE or those being promoted by SINE for early stage funding within the bank’s norms.

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The ICC has released the Team Rankings of Test, ODI and T20I cricket

The International Cricket Council (ICC) has released the official ICC men’s Team Rankings from Test, One Day International (ODI) and T20I cricket in Dubai. Australia remains on top with rating 118 in the latest ICC Test rankings while India (112 rating) held the second position followed by Pakistan (111 rating) and England. In One Day International (ODI) rankings also Australia has topped the list with 123 rating while New Zealand held at second positon with 113 points followed by India (110 points) . However in ICC T20 Rankings India held the second position while topped by New Zealand. India's Ravichandran Ashwin topped the all-rounders list besides being placed second in bowling . In batting, Australia's Steve Smith leads the field and he is followed by Kane Williamson of New Zealand and South Africa's Hashim Amla

Mizoram Scholarship Board grants scholarships to more than 47000 students

To boost education and development of the tribal section of society in the north eastern state of Mizoram, the Mizoram’s Scholarship Board Secretary JH Zoremthanga has said that 90 % of tribal scholarship has been issued to the meritorious students and the Central government has directly deposited the amount to the respective account of the students. As many as 47,685 students who are in standard 1 to 10 have so far received scholarship. With launching of digital India by Modi government, Ministry of Minority has directly deposited scholarship to the bank account of all merit students without any involvement of state scholarship board. In the ongoing minority scholarship scheme, students who are in standard 1 to 5 are given Rs 1000 and students who are in class 5 to 10 are given Rs 5000. Altogether, 47,685 students have so far received tribal scholarship.

Ringside With Vijender authored by Rudraneil Sengupta has released

The book titled Ringside With Vijender published by Juggernaut Books and authored by Rudraneil Sengupta has released . The book is all about the Beijing Olympics bronze medallist boxer Vijender Singh's life post his transition to the world of pro boxing. The book also offers an insight into his struggles, changes in his boxing style, training, and his personal life. Vijender Singh is an Indian professional boxer . He has won the bronze at the 2006 Asian Games in Doha and also in 2008 Beijing Summer Olympics. In 2009 also he has won the bronze medal at the World Amateur Boxing Championships. While the writer, Rudraneil Sengupta is the deputy editor of Lounge, the weekly feature magazine of Mint . In 2008, he was awarded the Ramnath Goenka Award for Excellence in Journalism for a documentary on river rafting in India and in 2015, he also won the Society of Publishers or Asia (SOPA) award for excellence in reporting on human rights issues.

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