CURRENT AFFAIRS

Detailed explanation-1: -Bharti Airtel has launched a pilot project in partnership with TP Northern Odisha Distribution to offer bill payment solutions to more than two million registered customers of the utility, said a senior executive at India’s second largest telecom operator.

Detailed explanation-2: -TP Northern Odisha Distribution Limited (TPNODL) is a joint venture between Tata Power and the Government of Odisha with the majority stake being held by Tata Power Company (51%). TPNODL serves a population of 97 Lakhs with Customer Base of 19.06 Lakh and a vast Distribution Area of 27,920 Sq.

Detailed explanation-3: -Paytm Payments Bank Ltd (PPBL) became the largest and fastest-growing UPI beneficiary bank in India. It becomes the first beneficiary bank in the country to achieve the landmark of over 926 million UPI transactions in a single month. Beneficiary banks are the banks of the account holder who is receiving money.

Detailed explanation-4: -On April 11, 2016, Airtel Payments Bank became the first entity in India to receive a payments bank license from the Reserve Bank of India (RBI). It intends to bring banking services to the doorstep of every citizen of the country. It plans to leverage Bharti Airtel?