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Paytm Payments Bank becoming the first bank to offer cash backs on deposits. Customers will also be offered zero charges on all online transactions and no minimum balance requirement. The Payments Bank plans to roll out 31 branches and 3,000 customer service points in the first year. For savings accounts, it will offer an interest of 4 percent per annum. It will also offer current accounts to its millions of merchants.

Punjab

The panchatantra was written by Vishnu sharma, an Indian scholar during the period of Gupta rule. It is during 3rd Century BCE.

An Indian boy has won the world’s largest pre-college science competition in the US in the environmental engineering category for his project on biodegradation of pesticides. Prashant Ranganathan, a 12th grader from Jamshedpur, alongwith over 20 high school students from various parts of India, participated in the Intel International Science and Engineering Fair.