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RBI's monetary policy committee meeting begins today, announcement on October 9
The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and…
Women are more likely to adopt digital financial services when introduced by local agents or women community influencers
Nalin Bansal, Chief Relationship Management and Key Initiatives, NPCI, said "While we've achieved s…
ANI
India to introduce UPI payment service in Maldives
"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…
PTI
Customers at several small-sized banks affected as tech provider C-Edge suffers ransomware attack
The issues are being faced for the last two days after the discovery of a breach of the system…
PTI
Global cyber outage: Banks, payments systems unaffected by Microsoft outage
HDFC Bank, the biggest among the private sector lenders, also said that it has not faced any impact…
PTI
Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi
In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…
ANI
Russia's largest bank says it has no problems transacting with India
Sanctioned Sberbank has managed to pivot to processing transactions in rubles and rupees.
Huileng Tan
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…
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
Rs 2,000 notes: 97.96% returned; Rs 7,261 crore worth notes still with public
The facility for the exchange of the Rs 2000 banknotes has been available at the 19 issue offices o…
PTI
My company is like my daughter... it was an emotional setback: Paytm founder Vijay Shekhar Sharma
Speaking at the 7th JIIF Foundation day, Sharma was asked about Reserve Bank of India (RBI's) actio…
PTI
Paytm shares jump 5% on receiving government's nod for investment in Paytm Payments Services
The company will reapply for a payment aggregator (PA) licence, a regulatory filing said on Wednesd…
PTI
A Russian company is bartering chickpeas for Pakistani rice as sanctions stop payments
A Russian company will reportedly barter with Pakistan as the Kremlin struggles to make payments ac…
Kelly Cloonan
Here’s how a Reddit user was able to get an iPhone 16 at under ₹27,000
Credit cards are great if you use them correctly and pay your dues on time. They not only help you …
SEBI places JSW Cement's Rs 4,000-cr IPO on hold for now
The proposed issue involves a new issue of equity shares worth Rs 2,000 crore and an offer-for-sale…
PTI
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
GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you
At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…
PM Internship Scheme finally launched — here’s how you can apply to work with Reliance, TCS, SBI and more!
The PM Internship Scheme offers young Indians hands-on corporate experience with over 90,000 intern…
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
All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank
China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…