New Research From Herbochem Reveals Unexpected Health Benefits Of Ashwagandha Extract

With a rich heritage spanning over five decades, Herbochem stands as a stalwart in the realm of botanical extracts, embodying the legacy of India's venerable herbal extraction enterprises. As a pioneering herbal supplement manufacturer, Herbochem takes pride in unveiling the findings of a recent study conducted by its dedicated team of researchers. This study illuminates the remarkable health advantages offered by Ashwagandha extract, shedding light on its potential to enhance holistic well-being.

Research suggests that Ashwagandha supplements can significantly reduce perceived stress and cortisol levels, leading to improved sleep quality.

Athletes may also find Ashwagandha to be a worthwhile supplement, as studies indicate beneficial effects on athletic performance. Furthermore, Ashwagandha has been associated with reduced anxiety.

Beyond stress management and mental health, Ashwagandha may boost testosterone levels and improve fertility in men.

While more research is needed, it shows promise in regulating blood sugar levels and relieving inflammation. Traditionally, Ashwagandha has been used to enhance concentration and cognitive function.

Ashwagandha, also known as Indian ginseng or winter cherry, has been revered for centuries for its adaptogenic expertise. It boasts healing constituents that facilitate stress management and foster vitality within the body. One of its key attributes lies in its classification as an adaptogen, a substance that helps the body cope with stress. By controlling mediators of stress, including heat shock proteins (Hsp70), cortisol, and stress-activated c-Jun N-terminal protein kinase (JNK-1), Ashwagandha plays a crucial role in maintaining overall well-being.

Research suggests that Ashwagandha supplements can significantly reduce perceived stress and cortisol levels, leading to improved sleep quality. Athletes may also find Ashwagandha to be a worthwhile supplement, as studies indicate beneficial effects on athletic performance. Furthermore, Ashwagandha has been associated with reduced anxiety. Beyond stress management and mental health, Ashwagandha may boost testosterone levels and improve fertility in men. While more research is needed, it shows promise in regulating blood sugar levels and relieving inflammation. Traditionally, Ashwagandha has been used to enhance concentration and cognitive function.

Mr. Karthik Kondepudi, Partner at Herbochem, said, “The outcomes of the research are truly helpful, and it uncovers Ashwagandha as a multifaceted health supplement. Herbochem stands for its long-term commitment to natural extracts and deep-rooted belief in the healing power of Ashwagandha”.

Iconic Beauty Brand Laura Mercier Makes Grand Debut Across India

* A Brand That Believes 'What Makes You Unique, Makes You Beautiful' 

Baccarose, a prominent name in the beauty and cosmetics distribution industry, is set to introduce the renowned French American makeup and skincare brand” Laura Mercier” to the vibrant and growing beauty landscape of India. The brand loved by people worldwide, is excited at the opening of its first store in Phoenix Palladium, Mumbai. This is a big step for the brand as it enters one of the world's busiest beauty markets.

Located in the heart of Mumbai, the new Laura Mercier store promises an immersive and unparalleled shopping experience for beauty enthusiasts across Mumbai. With its timeless elegance and commitment to quality, Laura Mercier has captured the hearts of makeup lovers for decades, offering a wide range of luxurious products designed to enhance natural beauty.

Founded by world-renowned makeup artist and pioneer of Flawless Face, Laura Mercier. Laura Mercier has established itself as a global leader in the beauty industry. Known for its exceptional quality and commitment to enhancing natural beauty, Laura Mercier's makeup and skincare products have garnered a loyal following worldwide.

Embracing the philosophy of "Less is More," Laura Mercier's signature approach revolves around the No Makeup-Makeup Look, famously referred to as "Laura's Flawless Face." At the heart of this beauty ethos are hero products meticulously crafted to achieve a subtle yet radiant appearance. Laura Mercier bridges the gap between skincare and makeup encouraging self-acceptance and moving away from full-coverage foundation.

Commenting on the launch, Mr. Marco Ficarelli, Chief Revenue Officer of Laura Mercier Cosmetics., said, " We are thrilled to introduce the illustrious French American makeup and skincare brand, Laura Mercier, to the dynamic beauty market of India. A thriving market that holds immense potential The new store represents more than just a retail space; it's a destination where beauty enthusiasts can explore, experiment, and indulge in the art of makeup. With a growing demand for premium cosmetics and passionate beauty consumers who are influenced by global beauty trends and self-care, we are excited to bring Laura Mercier’s innovative and high-quality products that will empower Indian consumers and enhance their self-expression,”

Commenting on the launch, Ms. Kadambari Lakhani, Director of Baccarose Perfumes & Beauty Products Pvt. Ltd., said; "Baccarose is truly honored to collaborate with Laura Mercier in introducing this iconic brand to India. Our strategic move to bring Laura Mercier to the Indian market underscores our unwavering dedication to offering Indian consumers access to premium, internationally acclaimed beauty products. We are confident that Laura Mercier's innovative and high-quality products will strike a chord with Indian consumers who seek premium cosmetics, providing them with an opportunity to embrace and enhance their unique beauty through the art of makeup."

Laura Mercier's Flawless Face technique is a revolutionary approach, that extends professional artistry to everyone. Starting with the 1996 pioneer, Primer creates a flawless canvas for enduring makeup freshness. Foundation, prioritizing balance over concealing, offers choices like tinted moisturizers for a radiant glow or Laura Mercier foundations for perfected finishes. The Conceal and Camouflage step strategically hides darkness and blemishes with standouts like the Secret Camouflage palette. Culminating with the hero product, Translucent Loose Setting Powder, it ensures a natural skin finish, setting the stage for flawless, enduring beauty. Laura Mercier's Four-Step Technique effortlessly empowers individuals to showcase their best features.

Baccarose’s strategic move to bring this prestigious brand to India reflects a dedication to providing Indian consumers with access to premium and internationally acclaimed beauty products. As Laura Mercier makes its debut in India, beauty enthusiasts can expect a fusion of French sophistication and American ingenuity, tailored to suit the diverse beauty needs of the Indian market. The brand's arrival is poised to redefine beauty standards and empower individuals to express their unique selves through makeup, promising a universally accessible professional performance that resonates with the essence of Laura Mercier.

Hero Products of Laura Mercier in India, will include:

Primer:

It is the first step to a flawless, professional-quality base and transforms the appearance and staying power of products applied after it. Laura Mercier brought primers from the professional makeup artist’s kit to the consumer market in 1996, pioneering them as a daily makeup tool rather than an advanced professional technology. Pure Canvas Primers are essential to lock in skincare and to provide foundation with a surface to grip, ensuring that it won’t move or settle conspicuously, and will look fresh and natural all day while providing a protective, breathable layer on the skin. Pure Canvas Primers feature a comfortable serum-like gel texture which works intuitively with skincare to create an ideal base for makeup.

Foundation:

Rather than using foundation to cover blemishes or imperfections, Laura thinks of it as an integral tool for evening the complexion and revealing its best features. For a natural, glowing finish, plumping the skin and perfecting it with a sheer veil of color, opt for a tinted moisturizer. For an evening or a more dramatically perfected skin finish, choose the Laura Mercier foundation. Either can be worn alone or with concealer, camouflage, and powder; the Flawless Face technique can be adapted to every type of makeup look.

Conceal and Camouflage:

While Laura advises that concealing should be kept to covering darkness around the eye area with a creamy, crease-resistant, and highly pigmented formula that stretches in sync with the eye, camouflage involves seamlessly covering any blemishes, scars or pigmentation to even the overall complexion. Secret Camouflage, Laura Mercier’s bestselling camouflage palette, allows for impeccable, customized coverage wherever and whenever it is needed. Camouflage features a firmer, less elastic structure than concealer, making it the perfect solution for full, high pigment coverage that stays in place all day.

Translucent loose setting Powder:

Translucent Loose Setting Powder is the final step in the Flawless Face technique. Setting foundation and concealer with this no-flashback, hero loose powder also provides a base for any color powder products to follow. Translucent Loose Setting Powder was developed by Laura to be invisible, even in flash photography, and features a superfine, lightweight silky texture and natural skin finish that has made it an industry icon whose formula has remained a bestseller, unchanged and unrivalled since its creation.

ABOUT LAURA MERCIER:

Laura Mercier Cosmetics was founded in 1996 by renowned French Makeup Artist Laura Mercier, the pioneer of the Flawless Face. This global luxury line of Makeup, Skincare, Body & Bath and Fragrance is known for its iconic makeup artistry and techniques. Laura is the innovative force behind the award-winning products, French aesthetic, and artistry techniques — helping every woman look — and feel — her best. Acquired by Orveon in 2022, Laura Mercier Cosmetics are distributed through specialty, beauty and department stores across the globe. For more information, visit: www.lauramercier.com

Pearson India Launches Its First Book Vending Machine For Consumers In Bengaluru

Pearson India, the leading learning company, has unveiled its first book vending machine in India, marking a significant step towards reaching out to learners directly in the country. Through this initiative, Pearson India aims to provide easy access to a wide range of academic books, directly to the customers, enhancing their overall purchase experience. It has been installed at Pearson India’s office on Richmond Road, Bengaluru and will be available for customers from today.

Through this initiative, Pearson India will offer a wide selection of the latest editions of learning and education books that are currently published by Pearson. Customers, including students and professionals, can make direct payment at the vending machine through UPI and purchase their desired book easily and conveniently, in less than 30 seconds. Over the next few months, Pearson India will set up a few such vending machines across different parts of the country.

Vinay Swamy, Country Head, Pearson India, said, “It is our constant endeavour to enhance the accessibility of learning materials for our customers in India. There is an upward trend of students and learners buying reference material to prepare for their entrance exams and academic preparation in India. This book vending machine leverages the buying-on-the-go trend to capitalize on this market opportunity. We plan to expand this initiative in India by setting up more book vending machines across educational hubs in India that will create innovative touchpoints for consumers, who are looking for simple, easy, and convenient ways of purchasing books. Given the versatility of BVMs in accommodating a diverse range of book genres, we see them as a new point-of-sale opportunity for Pearson in India. We are confident that the people of Bengaluru will appreciate and utilize this new facility by Pearson, to build on their lifelong learning journeys.”

The book vending machine is stationed at the Pearson office, DivyaSree Chambers, Ground Floor, A Wing 11, O Shaughnessy Rd, Bengaluru, 560025, and will be accessible to customers during working hours.

About Pearson: 

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our 18,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world’s leading learning company, serving customers in nearly 200 countries with digital content, assessments, qualifications, and data. For us, learning is not just, what we do. It is who we are. Visit us at www.pearsonplc.com 

Toyota Kirloskar Motor Posts Consecutive Record Wholesales Growth: Sells 25,220 Units In February’2024

* Achieves a remarkable growth of 74% over the corresponding period last year, the company has sold 49,829 units in the initial two months of CY 2024, compared to 28,578 units sold previously

Toyota Kirloskar Motor (TKM) today reported its highest wholesale of 25,220 units in the month of February’2024, reflecting sustained growth and product acceptance by the customers from across the country. This also represents a sustained growth of 61% over the same period last year, where the company sold 15,685 units in February 2023. While domestic sales stood at 23,300 units, the company’s exports stood at 1,920 units in the month.

In the preceding month of January 2024, the company recorded its highest-ever monthly wholesales in India with 24,609 units.

Reflecting on the month’s achievement, Mr. Sabari Manohar – Vice President, Sales-Service-Used Car Business, Toyota Kirloskar Motor said, “Our commitment towards delivering ‘Mass Happiness to All’ and maintaining a customer-first approach has been instrumental in ensuring steady month-on-month growth.

With this month recording the highest monthly sales, we continue to witness rising demand coupled with good customer enquiries from across the regions. Notably, the SUV and MUV models are at the forefront of this demand surge, with the Innova Crysta, Innova Hycross, Fortuner, and Legender maintaining their leadership positions and significantly contributing to our growth story. Recently, Innova HyCross set a remarkable milestone clocking sales of over 50,000 units since its launch in November 2022, underscoring our focus on offering customers a choice of vehicle that fits their lifestyle and needs.

We have begun the year with high optimism, we look forward to adding value and ensuring sustained market performance by fulfilling customer expectations with high-quality vehicles to meet the dynamic needs and evolving preferences of our customers. Continuing the momentum, we are confident that this trend will persist throughout the year propelled by the growing demand from tier 2 and tier 3 markets and ever-growing infrastructure which is creating newer opportunities."

In addition to the sales achievements, TKM also unveiled the "Awesome New Car Delivery Solution," a testament to enhancing the buying experience through innovative value-added services. This industry-first initiative, was rolled out by TKM's authorized dealers, revolutionizes the way new vehicles are delivered to customers. By utilizing flat-bed trucks for the transportation of new vehicles from dealer stockyards directly to sales outlets, the cars arrive in pristine condition, untouched by road travel. This approach not only elevates the customer's unboxing experience but also addresses the logistical challenges in rural and semi-urban areas.

Another thrilling ‘Great 4X4 Expedition by Toyota’ has gained lot of popularity and is set to offer another adventurous off roading experience to the 4X4 fraternity in Northeast region during March 2024. This will be the fifth in the series that aspires to connect 4X4 participants with their spirit of adventure.

Tata Motors Flags-Off Its Next-Gen, Eco-Friendly Fleet Of Commercial Vehicles To Tata Steel

* To make Tata Steel’s supply chain greener with tractors, tippers and buses powered by LNG and Batteries   

Tata Motors, India’s largest commercial vehicle manufacturer, today flagged off its next-generation, green-fuel powered commercial vehicles to Tata Steel. The fleet includes Prima tractors, tippers and the Ultra EV bus, powered by Liquefied Natural Gas (LNG) and battery electric technologies. The vehicles were flagged off by Tata Son’s Chairman, Mr. N Chandrasekaran, as part of the Tata Group’s Founder’s Day celebrations in Jamshedpur. Present at the ceremony were Mr. T V Narendran, CEO & Managing Director, Tata Steel and Mr. Girish Wagh, Executive Director, Tata Motors, along with senior members of their leadership teams.

Speaking about the long-standing partnership with Tata Motors, T. V. Narendran, Chief Executive Officer & Managing Director, Tata Steel said: “This delivery marks another significant milestone in our long-standing partnership with Tata Motors. As leaders in our respective industries, Tata Steel and Tata Motors share a common vision for sustainability and innovation. By harnessing our collective expertise and resources, we are not only revolutionising our industries but also leading the way in environmental responsibility. Together, we are committed to driving positive change and delivering eco-friendly solutions that not only benefit our businesses but also contribute to a greener tomorrow."

Speaking about the future-ready vehicles being flagged-off, Mr. Girish Wagh, Executive Director, Tata Motors said, “Tata Motors is driving the global megatrend of sustainable, safe and smart mobility in India. Our green fleet of commercial vehicles will accelerate Tata Steel’s efforts towards making its supply chain carbon neutral. We have collaborated with them and their transportation partners to design holistic solutions for enhancing functionality, performance, connectivity and safety. Every aspect of these vehicles has been purposefully augmented to cater to varied duty cycles and special applications. We look forward to strengthening our historic partnership in our respective quests of reducing carbon footprint and achieving net-zero emissions by 2045.”

Tata Motors new age fleet of commercial vehicles come equipped with multiple safety features including Advanced Driver Assistance System (ADAS), Electronic Stability Control, Active Traction Control and Driver Monitoring System, amongst others. The vehicles were handed over to Tata Steel’s delivery partners for transporting steel products and raw materials.

Engineered for a variety of applications, the Tata Prima LNG range of trucks including Tippers (3530.K) and Tractors (5530.S) will be used for surface, mining, and long-haul commercial transportation. As part of the accelerated adoption of battery-electric range, 28T EV Tipper (E28.K) and 46T EV Tractor (E46.S) are being deployed for establishing real-world performance, as part of Tata Steel’s logistic movement. In addition to the zero-emission trucks, the company will also start using Tata Ultra EV buses for employee transport, across plant locations.

Tata Motors has been developing and manufacturing innovative mobility solutions powered by alternate fuel technology, including battery electric, CNG, LNG, Hydrogen Internal Combustion Engine and Hydrogen Fuel Cell technology. It showcased the widest range of alternate-fuel powered commercial vehicles at Auto Expo 2023 and Bharat Mobility Global Expo in February 2024 across various segments. Till date, Tata Motors has supplied more than 2,000 electric buses across multiple cities in India, which have cumulatively clocked more than 12 crore kilometres, with an uptime of over 95%.

About Tata Motors

Part of the USD 128 billion Tata group, Tata Motors Limited (BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 42 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups,  trucks, and buses, offering an extensive range of integrated, smart, and e-mobility solutions. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and ranks among the top three in the passenger vehicles market.

Tata Motors strives to bring new products that captivate the imagination of GenNext customers, fueled by state-of-the-art design and R&D centres located in India, the UK, the US, Italy, and South Korea. By focusing on engineering and tech- enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused on developing pioneering technologies that are both sustainable and suited to the evolving market and customer aspirations. The company is pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by developing a tailored product strategy, leveraging the synergy between Group companies and playing an active role in liaising with the Government of India in developing the policy framework.

With operations in India, the UK, South Korea, Thailand, South Africa and Indonesia, Tata Motors markets its vehicles in Africa, the Middle East, Latin America, Southeast Asia, and the SAARC countries. As of March 31, 2023, Tata Motors’ operations include 88 consolidated subsidiaries, two joint operations, three joint ventures, and numerous equity-accounted associates, including their subsidiaries, over which the company exercises significant influence.

Kotak Launches ‘Smart Choice’ Gold Loans For Aspirational Consumers

* Fixed Monthly Interest Rate of 0.88%, Same-day Disbursement, Foreclosing Options on Offer

* Launch led by a Multimedia Advertising Campaign

Kotak Mahindra Bank Limited ("KMBL" / "Kotak") today announced the launch of Smart Choice Gold Loan, a smarter solution for Aspirational customers. With 5 key features, Kotak Smart Choice Gold Loans offer a compelling alternative to conventional credit options. The key features include fixed monthly interest rate as low as 0.88%, NIL processing fee*, same-day disbursement**, flexible repayment options, and minimal documentation.

According to a World Gold Council report, Indian households have 27,000 tonnes of gold. Further, CIBIL data from Dec ‘23 shows gold loan industry advances at Rs 7.15 lakh crore, which has grown at CAGR of 19% for the last 3 years. Soaring gold prices and easier availability of gold loan from banks and NBFCs have led to a growing number of consumers unlocking the value of their gold jewellery to meet their credit needs.

Kotak ‘Smart Choice’ Gold Loan was developed basis consumer research gathered by the Bank. It highlighted the need for a product that offers consumers the maximum value and flexibility to meet their credit needs.

Unlike other credit products which have stringent eligibility criteria, gold loan has a simpler application & disbursal process. By utilising gold as a collateral, borrowers can enjoy lower interest rates compared to conventional credit, translating to savings during the course of the loan tenure.

Shripad Jadhav, President – Retail Agriculture and Gold Loans, Kotak Mahindra Bank said, “Gold loans are a versatile financial product and cater to a wide range of consumer needs. Easy accessibility, same day processing, attractive pricing, and the security of gold jewellery contribute to its appeal among aspirational consumers. As a result, an increasing number of individuals are considering gold loans as a cost-effective option comparable to other credit products, indicating a shifting trend in consumer financial behaviour. Kotak ‘Smart Choice’ Gold loans can serve as an easy and reliable financial tool to bridge the gap between aspirations and reality.”

The product launch will be led by a new multimedia advertising campaign starting March 1st, 2024. In the first phase, the campaign will go live across TV, Digital and Social Media platforms in Maharashtra and Karnataka.

Advantages of Kotak ‘Smart Choice’ Gold Loan:

• Same-day disbursement**

• Minimal documentation up to Rs 25 lakh

• Less expensive in comparison to other comparable loan products

• Flexible repayment options – choose from monthly, quarterly or half-yearly interest payments

• Gold jewellery remains safe with the Bank. 

• Available at a branch near you – 1348 branches located in 301 cities across the country

Rohit Bhasin, President, Head - Retail Liabilities Product and Chief Marketing Officer, Kotak Mahindra Bank, said, “Consumers today are aspirational in their outlook and value-conscious in their approach towards credit. As a smart & safe option, gold loans perfectly match the needs of consumers looking to finance their aspirations. Our advertising campaign aims to communicate these very benefits alongside the value and utility of gold loans to the savvy consumer, highlighting the pricing, convenience and safety of Kotak ‘Smart Choice’ Gold loans across various use cases.”

The TVC showcases individuals desperately searching for ways and means to take a loan even when a smarter way to get a loan is right there with him – gold jewellery. Through captivating storytelling that resonates with audiences across demographics, Kotak highlights the simplicity and convenience of obtaining a gold loan, positioning it as a viable option for consumers seeking quick and hassle-free financial assistance.

The Modi Government Is Making Efforts To Transform The Cooperative Movement Into A People's Movement

The spirit of "Cooperation among Cooperatives" will strengthen the cooperative movement.

Union Home and Cooperation Minister Amit Shah inaugurated the National Urban Cooperative Finance and Development Corporation Limited (NUCFDC), the umbrella organization of urban cooperative banks, in New Delhi today. On this occasion, Amit Shah stressed on strengthening the spirit of Cooperation among Cooperatives.

In his address, Amit Shah said that unless the strength to promote cooperation and mutual progress among cooperative institutions is provided, we cannot move forward.

He mentioned that after nearly 20 years of struggle, today the establishment of the NUCFDC is taking place, and this is a very auspicious day for all of us. The Union Cooperative Minister said earlier the Cooperative Ministry and the cooperative sector were scattered among many ministries. He mentioned that Prime Minister Narendra Modi, after 75 years of independence, has established a separate Ministry of Cooperation, breathing new life into the cooperative sector. He stated that the cooperative movement has been given an umbrella, in the form of the Ministry of Cooperation.

Amit Shah added that for 125 years, the cooperative sector struggled and preserved its existence, but now, with the support of the government system, it will progress rapidly and achieve respect in the country's economy. He mentioned that efforts are being made to transform the cooperative movement into a people's movement. Minister of Cooperation emphasized that in a vast country like India, the parameter of development cannot be just numbers, it should be judged through a significant parameter of how many people participate in the country's development.

Amit Shah said that this umbrella organization was a necessity of the time and marks a new beginning for self-regulation. He said that after the formation of this organization, the development of Urban Cooperative Banks in the country will increase manifold. He emphasized the crucial need for our credibility it is very necessary that we upgrade ourselves and adhere to all the regulations of the Reserve Bank of India. He stated that if we fail to do so, we will not be able to sustain the competition in the times to come. Amit Shah highlighted a major role for the umbrella organization, which is to prepare small banks for compliance with the BR Act. He said that our goal should be to open urban cooperative banks in every city as we move forward.

The Union Home and Cooperation Minister said that the umbrella organization should establish a system for converting credit societies that perform well in cooperative finance into banks. He mentioned that one of the objectives of NUCFDC should be to expand the services and numbers of credit societies and urban cooperative banks. There is a need to create a time-bound program on how to establish an Urban Cooperative Banks in every city. He said that to keep the cooperative movement alive, it must be made relevant and expanded. The umbrella organization will provide various facilities to small banks, facilitate dialogue between banks and regulators, and work on improving communication. He emphasized that the organization needs to work on making our boundaries broad and inclusive. He stated that if we want to expand the cooperative movement, it is the responsibility of the umbrella organization to strengthen urban cooperative banks.

Amit Shah said that it is essential to establish a clearing system for Urban Cooperative Banks to conduct business across the country. He mentioned that we currently have a collective strength of 11,000 branches of 1,500 banks, with deposits of 5 lakh crore rupees and loans totaling 3.50 lakh crore rupees. Amit Shah said that this is a significant strength, and the goal should not only be to enhance it but also to collectively utilize it to strengthen the entire Urban Cooperative Banks system. He added that the Urban Cooperative Banks in the country have reduced their Net NPA rate to 2.10% and there is a need for further improvement. He emphasized that the umbrella organization should work hard over the next three years to lay its foundation.

The union Home minister and Minister of Cooperation stated that the organization inaugurated today is not just an umbrella organization but also a gateway to solve all our problems. He mentioned that the only way to progress in the lives of the common people is through Urban Cooperative Banks. He said that when the Prime Minister talks about becoming the world's third-largest economy, it reflects his belief that economic development should be inclusive and comprehensive. He emphasized that if we want to move forward with this concept, we need to promote youth and startups in every village and city, and there is no way other than UCBs for this. Amit Shah said that this umbrella organization for Urban Cooperative Banks is a security shield for small banks, which will increase the confidence of our depositors, and in the coming days, there will be further progress in our work.