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IMD forecasts cyclone in Bay of Bengal around Dec 3

"The path of the possible cyclone and other parameters could be estimated only after formation o…

PTI   


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UCO Bank tech glitch: ₹820 cr erroneously credited to account holders

As much as Rs 820 crore were credited to account holders of UCO Bank in what the lender described a…

PTI   


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Here’s how Indians paid for non-cash transactions in FY22

Here’s how Indians paid for non-cash retail transactions in FY22.

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2 mins read

A Florida GOP lawmaker apologized after calling transgender people 'demons and imps' and comparing them to X-Men mutants

A Republican lawmaker compared transgender Floridians to "mutants" from the X-Men movies during a c…

Joshua Zitser   


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Now you can transfer ₹5 lakh in a day via IMPS

The increase in the IMPS limit was announced at the RBI Monetary Policy Committee meet today. …

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Four charts to show how India’s digital payments ecosystem has evolved in the last one year

People across the globe have gotten much more comfortable with digital solutions ever since the wor…

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India’s largest bank SBI waives off charges on NEFT, IMPS and RTGS

India’s largest public sector bank, State Bank of India (SBI) has waived off charges on National El…

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1 min read

SBI alters charges on IMPS money transfer

For transfers up to Rs. 1,000, customers won’t need to pay any charges after, while transfers fr…

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1 min read

Product selfies, IMPS refunds and much more; this is how Snapdeal is using technology to improve user experience

As per reports, these new features would include product selfies, enhanced order-tracking and a new…

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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   


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2 mins read

Delhi HC seeks RBI stand on PIL seeking uniform banking code for foreign exchange transactions

The Delhi High Court on Monday sought a response from the Reserve Bank of India (RBI) on a Public I…

ANI   


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2 mins read

IDFC First Bank announces zero-free banking on savings accounts

The Bank has waived off fees on 25 commonly-used banking services related to savings accounts such …

ANI   


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2 mins read

UPI transactions will remain free, government says it has no plan to charge them

The Finance Ministry has said that the government does not plan on levying charges on UPI transacti…

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1 min read

After Coinbase disables UPI payments, CoinSwitch Kuber halts rupee deposits

CoinSwitch Kuber, the popular crypto trading platform has completely halted rupee deposits on its p…

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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…

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3 mins read

Silicon Valley Bank depositors will have access to their money starting Monday: US Treasury Secretary

In a step aimed at protecting the US economy by strengthening public confidence in the country's ba…

PTI   


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Diwali week cash circulation declines for the first time in 20 years: SBI Ecowrap

For the first time since 2002 – that’s 20 years – currency in circulation has declined during…

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3 mins read

Adding money to your Paytm wallet can’t get easier than this

Contactless payments have grown 6x in the last few years. And if there’s one player which has had a…

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1 min read

UPI transactions drop in March, RTGS shoots up due to lockdown

The NPCI data on IMPS (Immediate Payment Service) revealed the number of transactions fell to 21.6…

PTI   


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Digital payments are on track to cross the 200 billion mark, but fintechs are yet to ‘earn’ from them

Digital payments transactions in India are expected to cross the 200 million mark in the next three…