Kotak Mahindra Bank launches DigiLocker on Government of India's platform

New Delhi [India], Mar 7 : Kotak Mahindra Bank (KMB) on Tuesday announced that it has become India's first bank to launch access to DigiLocker on the Bank's Net Banking platform.

Through this platform, customers can eliminate the use of physical documents as Aadhaar-linked documents can be automatically fetched from Digilocker partner institutions. Customers can also download pre-verified documents themselves by providing some details.

Snapdeal reduces payment time to sellers by 40 pct

New Delhi [India], Mar 7 : Snapdeal today announced a major benefit for its sellers by reducing its seller payment cycle by 40 percent, thereby becoming the e-commerce platform that offers the fastest payment schedule in the country.

Snapdeal's announcement is a welcome move for the 3,00,000 sellers on its platform. Faster payments will enable them to use their working capital more efficiently and generate additional business without needing to invest additional funds. For sellers who are working on the SD+ model, today's announcement will mean a whopping 40 percent faster payment, which is also the best in class in Indian e-commerce industry.

Commodity Trading Tips for Cotton by Kedia Commodity

Cotton on MCX settled up by 1.65% at 21520 due to rising domestic as well as export demand in the spot market.

Commodity Trading Tips for Cardamom by Kedia Commodity

Cardamom on MCX settled down by -1.37% at 1389.5 as stockists are on the fence due to tight money market though stock position is tight.

Commodity Trading Tips for Maize by Kedia Commodity

Maize on NCDEX settled up by 2.99% at 1445 on short covering after prices dropped due to new crop arrival pressure.

Commodity Trading Tips for Jeera by Kedia Commodity

Jeera on NCDEX settled down by -0.24% at 16670 amid hopes of up in arrivals from across the major growing regions but empty pipeline would limit the aggressive price fall.

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