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2 mins read
RBI MPC meet – Cheque clearing time reduced, UPI limit increased for tax payment
Reserve Bank of India (RBI) Governor Shaktikanta Das at the Monetary Policy Committee (MPC) meeting…
2 mins read
RBI to set up public repository of digital lending apps to check unauthorised players
In a post-monetary policy review address, RBI Governor Shaktikanta Das said the central bank has ta…
PTI
2 mins read
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
2 mins read
Beware of bouncing cheques, harsher punishments may be afoot
The Supreme Court constituted a committee to find ways to reduce cheque bounce cases. The governmen…
4 mins read
SpiceJet slides after Delhi HC orders it to complete payment to Kalanithi Maran
The SpiceJet stock slipped 6% in trade by Tuesday noon. The Delhi High Court on Monday gave low-cos…
2 mins read
Paytm makes it easier to pay credit card bills – here are five reasons why you should be using it
The app will ask you to enter the credit card number when you make a payment the first time, b…
2 mins read
Payments startup Cashfree cashes in a $35 million cheque from Apis Growth Fund II
Bengaluru-based payments solutions company Cashfree on Tuesday said it has received $35.3 million (…
2 mins read
How to stop payment of cheque from online SBI netbanking
If you wish to make the stop-cheque-payment request online, the service will be available on…
1 min read
Are you a SBI Card user? Get ready to pay Rs 100 on small payments via cheque
"A fee of Rs 100 will be charged for payments made by cheque for an amount less than or equal…
2 mins read
Around 71.7% off all payment transactions in India to be digital by 2025
This is poised to change by 2025 share of volume by instant payments and other electronic paym…
3 mins read
SC to evolve mechanism for expeditious disposal of cheque bounce cases
"These are some indicative aspects in addition to what may come on board after hearing the relevant…
PTI
2 mins read
To save tax, use cheque and not cash while donating to charity
As the current financial year approaches its end, salaried employees and taxpayers are figuring out…
1 min read
Employers can now pay wages to workers through cheque or e-mode. It’s a law now
Before introduction of a bill to amend the 1936 Act on February 3, an Ordinance was promulgated by …
3 mins read
EXPLAINED: The NUE licence for payments that Tata, Ambani and Bezos have applied for
India’s central bank had floated the bid for NUE licences in August, 2020. The NUE licence wou…
1 min read
Under the LTC cash voucher scheme, you can seek reimbursement for insurance premium paid between Oct 12-Mar 31
On October 12, the government announced the LTC cash voucher scheme under which employees can p…
PTI
1 min read
Paytm Payments Bank posts a 55% jump in profits for FY20
The bank attributed the growth to "higher customer acquisition in smaller cities and towns". …
PTI
2 mins read
What is Income Tax Challan 280 Online Payment
Challan 280 is meant for paying advance tax, self-assessment tax, taxes on distributed income an…
3 mins read
India’s first mobile bank with zero-fee online transactions and no minimum balance is on your Paytm app
Business Insider spoke to Renu Satti, CEO, Paytm Payments Bank who reaffirmed the company’s commitm…
2 mins read
How viable are payments banks in India?
In a release addressed to media, Sharma said, “"RBI has given us an opportunity to create a new…
2 mins read
Forget cash/cheques! LIC agents to get PoS machines for premium collection
To begin with, LIC plans to provide PoS machines to about 1.5 lakh agents that would be ramped up i…