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2 mins read
Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi
Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…
PTI
2 mins read
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
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
Digital payments in India to grow threefold—from 159 billion in FY24 to 481 billion by FY29: PwC
In terms of transaction value, the market is expected to nearly double during this period, expandin…
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
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…
2 mins read
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
4 mins read
India to introduce UPI payment service in Maldives
"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…
PTI
5 mins read
Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended
The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…
ANI
1 min read
MobiKwik gains market share, becomes largest Wallet player
MobiKwik on Monday said it has become the largest digital financial services platform in terms of P…
PTI
4 mins read
India to see retail digital payments to double to USD 7 tn by 2030: Report
Millennials and Gen X are leading in the adoption of all types of digital payment instruments.
PTI
3 mins read
Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore
On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …
2 mins read
UPI transactions worth ₹18.2 lakh crore made in February 2024
Payments through digital means in India are hitting fresh highs, as its citizens are increasingly a…
ANI
2 mins read
UPI in 2024 – Five rule changes that you need to know
The year 2024 has begun and with this, there have been some changes in the financial sector. Unifie…
2 mins read
UPI transaction limit for education and healthcare hiked to ₹5 lakh per day
Reserve Bank of India Governor Shaktikanta Das announced on Friday an increase in the transaction l…
2 mins read
PhonePe Group posts Rs 197 crore profit for FY24
The group has expanded into financial services (insurance, lending, wealth) as well as new consumer…
PTI
2 mins read
You can let your family members use your UPI account for payments, RBI introduces delegate payments
The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…
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Not just withdraw, you can soon deposit cash using UPI at ATMs, promises RBI
On Friday, RBI governor Shaktikanta Das announced that bank account holders will soon be able to de…
2 mins read
HDFC Bank credit card rules change from today, all you need to know
HDFC Bank has implemented new credit card policies starting August 1. The changes include 1 percent…
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…