Vakrangee has entered into a partnership arrangement with Bank of Baroda for appointing Women Busincess Correspondents (BC) Sakhis and providing Banking services in Uttar Pradesh.

Vakrangee will be working with Bank of Baroda for the Uttar Pradesh State Rural Livelihood Mission (UPSRLM) to appoint and on-board 1554 BC Sakhis in the Raebareli and Lucknow districts of Uttar Pradesh.

The project, being implemented, is part of UPSRLM's mission to on-board and prioritises Women as BC (Business Correspondent) Sakhis or Banking Agents across all the districts of the state. Vakrangee is one of the partners and facilitators engaged for the project to on-board and provide training and handholding to these BC Sakhis. The project is aimed at improving banking access in rural UP and enhancing the household income of women members.

This will further help in extending the financial inclusion in the state of Uttar Pradesh. Business Correspondents have played a vital role in the current ongoing pandemic acting as a Direct Benefit Transfer collection point and ensuring that the continuous Banking services being available to citizens.

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Vakrangee has entered into a partnership agreement with TransUnion CIBIL (TUCIBIL), one of the India's largest credit information company regulated by Reserve Bank of India to drive financial inclusion by providing easy access to CIBIL Score and Report to consumers through Nextgen Vakrangee Kendra network.

Once the service is made available Consumers and businesses will be able to place a request for CIBIL Score and Report and/ or CIBIL Rank and Company Credit Report through a secure service portal through Nextgen Vakrangee Kendra.

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The Reserve Bank of India (RBI) has provided the Renewal of Authorization for Vakrangee. RBI has extended the validity of Authorization issued to Vakrangee to setup, own and operate the White Label ATMs (WLA) in India. The validity has been extended till 31 March 2022.

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Vakrangee has been placed in S&P Global Sustainability Yearbook 2021 for the first time. Vakrangee has earned a spot in the yearbook and has score (S&P Global Scores) within the top 15% of the industry.

The Sustainability Yearbook 2021, published by S&P Global is one of the world's mostcomprehensive publications providing in-depth analysis on corporate responsibility. This annualranking showcases the sustainability performance of the world's largest companies in eachindustry as determined by their score in the annual SAM Corporate Sustainability Assessment(CSA). S&P Global, which acquired the ESG Ratings business from RobescoSAM, in 2021assessed over 7,000 companies across 61 industries this year with the goal of identifying thosethat exemplify leading corporate sustainability practices and a focus on long-term growthdrivers. Only 630 sustainability leaders have been selected for this year's Yearbook based ontheir S&P Global ESG Scores calculated from the CSA.

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