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2 mins read
Majority of users say they will stop using UPI if transaction fee is levied, notes a LocalCircles survey
Only 22 % UPI users surveyed are willing to bear a transaction fee on payments, 75% of respondents …
PTI
2 mins read
UPI transactions cross Rs 20 trillion for third successive month, in July 2024
Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…
ANI
4 mins read
RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
2 mins read
After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit
The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…
ANI
2 mins read
Paytm shares jump 5%, hit upper circuit limit
Shares of One97 Communications Ltd, which owns and operates Paytm, on Friday, jumped 5 per cent aft…
PTI
2 mins read
ED questions Paytm executives, gets documents on latest RBI action
The Enforcement Directorate has questioned senior Paytm executives and taken submission of document…
PTI
1 min read
Reserve Bank asks NPCI to help continue operations of Paytm app
Reserve Bank of India on Friday said NPCI has been asked to examine the possibility of it becoming …
PTI
2 mins read
RBI directs card issuers to offer choice among card networks, bans restrictive agreements
According to a press release, the central bank prohibited card issuers from entering into agreement…
ANI
1 min read
Zomato gets RBI approval to operate as 'online payment aggregator'
Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato …
1 min read
No ED investigation either against company or CEO, says Paytm
, The Enforcement Directorate is neither investigating One97 Communications, owner of Paytm brand, …
PTI
1 min read
Crypto currencies have no underlying value, says RBI official
Crypto currencies cannot be referred to as "currencies" as they have no underlying value, a central…
PTI
1 min read
Paytm shares fall 5% to hit lower circuit limit
Shares of One97 Communications Ltd, the owner of the Paytm brand, fell 5 per cent to hit a lower ci…
PTI
2 mins read
At ₹395, Paytm shares hit upper circuit for fourth straight session
Shares of One97 Communications which owns Paytm brand hit the upper circuit for the fourth consecut…
PTI
2 mins read
RBI can't ignore food inflation while setting rates, will wait for NSO to review CPI weightage: Das
"The MPC (monetary policy committee) may look through high food inflation if it is transitory; …
PTI
3 mins read
Rupee falls 1 paisa to close at 83.96 against US dollar
At the interbank foreign exchange market, the local unit opened at 83.94 and touched an intrada…
PTI
1 min read
Surge in top-up housing loans not system-wide issue, says RBI Governor
Such cases are being dealt at the supervisory level bilaterally, he said. "Such practice…
PTI
2 mins read
RBI sees a positive shift in FPI's flows in the domestic market, $9.7 bn from June till August 6
Governor Das said, "On the external financing side, foreign portfolio investors turned net buyers i…
ANI
2 mins read
RBI rules out review of action against Paytm Payments Bank
Reserve Bank of India Governor Shaktikanta Das on Monday ruled out any review of the central bank's…
PTI
1 min read
RBI gives 15 more days till March 15 to Paytm Payments Bank to stop transactions
The RBI on Friday gave 15 days more till March 15, 2024 to Paytm Payments Bank Ltd (PPBL) to stop d…
PTI
2 mins read
Paytm shares tank 10% to extend losses for second day
Shares of Paytm's parent company One97 Communications tanked 10 per cent on Wednesday after reports…