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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
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
2 mins read
Fed meeting starts today, rate cut on the cards. Here’s what experts are saying
The US Federal Reserve's meeting, starting today, is expected to announce changes in interest rates…
3 mins read
Retail trumps corporate lending as small-ticket loans see fourfold jump in past two years
Personal loans are on the rise. The month of December has seen the category in lending-verse amass …
1 min read
RBI asks card network to restrain unauthorised commercial payment system
The Reserve Bank of India on Thursday restrained a card network, that had an arrangement to enable …
ANI
2 mins read
Here’s how to add your RuPay credit card to Google Pay
Google Pay, in association with the National Payments Corporation of India (NPCI), on Tuesday rolle…
3 mins read
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
7 mins read
The dark truth behind RBI’s crackdown on easy personal loans
The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…
3 mins read
Credit card portability explained: From what are the benefits to what it entails
A card network is a financial infrastructure that enables transactions and communication between me…
4 mins read
CBDC trial a landmark moment in the history of money: Shaktikanta Das
Reserve Bank of India governor Shaktikanta Das today announced that retail central bank digital cur…
2 mins read
With Rupay Credit Card on UPI, mobile payments pioneer Paytm deepens its leadership in UPI
In the realm of mobile payments, UPI stands out as the go-to solution. As the popularity of UPI tra…
2 mins read
‘United Health Interface will do to service delivery what UPI did to payments’
Just like UPI revolutionized payment transactions in India, Unified Health Interface or UHI will re…
7 mins read
Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty
India is on track to become the world's third-largest economy by 2027, but Narendra Modi faces a pi…
Theron Mohamed
2 mins read
Over 200 million UPI transactions were done each day in July 2022
There has been a constant month-on-month increase in UPI transactions over the years and the…