KreditBee Reaches Unicorn Status After Securing $280 Million in Funding.

  • Valuation: $1.5 billion
  • Funding Raised: $540 million, including $280 million in pre-IPO round
  • Revenue (FY 25): ₹2,700 crore, Net Profit: ₹473 crore
  • AUM (FY 26): ₹15,000 crore (44% growth)
  • Focus: Secured and MSME lending
  • Loan Stats: Avg. loan size ₹60,000, 70,000 daily applications (10% approval)
  • IPO Plans: Final private round before IPO, merger of tech & NBFC underway
  • Founded: 2018, Bengaluru-based digital lending platform.


Bhopal Passport Office Introduces Braille and Sign Language Services.

  • Inauguration: Launched by B.S. Mubarak, Chief Passport Officer, at RPO Bhopal.
  • Braille Services: Braille booklets and signage for visually impaired applicants.
  • Sign Language Services: Video guides and QR codes for speech/hearing-impaired applicants.
  • Grievance Redressal: Dedicated cell to resolve complaints within 24 hours.
  • Regional Achievement: First RPO in India to offer Braille and sign language services.


India Elected to Multiple UN ECOSOC Bodies.

  • India Elected to UN ECOSOC Bodies (2027-2030)
  • Elected Bodies:
    • Commission on Science and Technology for Development (CSTD)
    • Committee on Non-Governmental Organisations
    • Committee for Programme and Coordination (2027-2029)
  • Representation:
    • Ambassador Preeti Saran re-elected to CESCR (2027-2030).
  • CESCR:
    • Monitors the International Covenant on Economic, Social, and Cultural Rights.
  • ECOSOC:
    • One of six UN principal organs, established in 1945.


NTPC Signs MoU with EDF to Explore Nuclear Power Projects in India.

  • MoU Signed: NTPC and EDF to collaborate on nuclear energy development in India.
  • Technology Focus: Evaluating European Pressurised Reactor (EPR) technology.
  • Scope: Assessing economics, identifying sites, and providing technical support.
  • NTPC Capacity: 89 GW operational, 32 GW under construction, aiming for 149 GW by 2032.


UAE And Bahrain Sign Currency Swap Agreement.

  • UAE and Bahrain Currency Swap Agreement
  • Value: AED 20 billion (BHD 2 billion).
  • Tenure: 5 years.
  • Currencies: UAE Dirham (AED) and Bahraini Dinar (BHD).
  • Objectives:
    • Facilitate cross-border trade.
    • Promote use of national currencies.
    • Strengthen monetary stability.
  • Signatories:
    • Khaled Mohamed Balama (UAE Central Bank).
    • Khalid Humaidan (Bahrain Central Bank).

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