Banking & Financial Awareness GK Digest : March 2025

April 07, 2025
Banking & Financial Awareness GK Digest : March  2025

Paytm Partners with RBL Bank to Strengthen Digital Payment

Current Context: On 3rd March 2025, Paytm has partnered with RBL Bank to enhance digital payment solutions for merchants.

Here are the key points:

  • This collaboration introduces Paytm's Soundbox and card machines to RBL Bank's merchant network, enabling real-time transaction monitoring and instant settlements through the Paytm for Business Dashboard.
  • The payment solutions support multiple methods, including UPI, RuPay credit card on UPI, UPI Lite, debit/credit cards, and EMI options.
  • The initiative aims to simplify payments, boost efficiency, and promote digital transformation for businesses.
  • It also includes innovative features like NFC-enabled Tap and Pay and multilingual audio alerts in 11 languages.

12th Regional 3R and Circular Economy Forum in Asia and the Pacific

 Current Context: The 12th Regional 3R and Circular Economy Forum in Asia and the Pacific was held from March 3-5, 2025, at the Rajasthan International Centre in Jaipur, India.

Key Highlights:

  • It aimed to promote sustainable waste management and the transition to a circular economy across the region, aligning with the Sustainable Development Goals (SDGs) and carbon neutrality targets.
  • Theme: "Realizing Circular Societies Towards Achieving SDGs and Carbon Neutrality in Asia-Pacific."
  • Launch of C-3: Introduction of the Cities Coalition for Circularity (C-3) to boost city-level collaboration for sustainability.
  • Adoption of Jaipur Declaration: This serves as a framework for regional cooperation in transitioning to a circular economy.
This digest is not complete. Read the complete digest on the Financial Awareness Course.

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