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DIGITAL BANKING SERVICES
Bank strike from September 28 to 30: Will banks be closed for five days? SBI, Union Bank of India advise customers to complete transactions in advanceA major disruption in banking services is anticipated as the United Forum of Bank Unions has announced a three-day strike at the end of Sep...- Humanoid robot sales tally hit 7,000 globally last yearAround 7,000 humanoid robots were sold worldwide last year for industrial and professional service use, figures compiled by the Internation...
- Humanoid robot sales tally hit 7,000 globally last yearLast year, approximately 7,000 humanoid robots were sold globally for industrial and professional services. This small number contrasts sha...
- Tiger Global-backed Moneyview sets IPO price band for Rs 1,092-crore offer. Check key dates, other detailsMoneyview has set its IPO price band at Rs 32-34 per share, with the Rs 1,091.61 crore issue opening on September 24. The IPO comprises a f...
- UPI’s new MDR pot: 5% of collections to be used for bringing small merchants onlineNPCI will introduce a dedicated fund from MDR proceeds for small merchants. This fund aims to expand digital payment infrastructure in smal...
- Pass the buck to RBI, banks: Let the savings from digital payments fund UPI costs, not consumersThe RBI's MDR introduction on UPI transactions above ₹2,000 faces criticism. This move may discourage digital payments and encourage a retu...
- UPI's free lunch is over: Why the 0.4% MDR charge is fair, needed and overdueDigital payment charges are necessary for service efficiency and wider reach. Person-to-person and small transactions remain free from new ...
- ET Product of the Year Awards 2026: Recognising the infrastructure powering India’s digital financeThe prestigious ET Fintech Infrastructure Product of the Year award highlights groundbreaking platforms that make financial technology more...
- Apple Pay set for India launch next month with Axis Bank credit cards: ReportApple is set to launch Apple Pay in India next month, debuting with Axis Bank's credit card integration. Talks with prominent banks like HD...
- Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in IndiaNabfid is sanctioning significant loans for India's growing data center infrastructure needs. These facilities support the nation's push fo...
- GIFT City moves up 9 places to 37th globally, ranks among Asia-Pacific top 15GIFT City has surged nine positions to secure the 37th spot in the Global Financial Centres Index, marking a significant achievement for In...
- Reinventing India PostWith a noticeable surge in revenue, India Post is broadening through innovative partnerships. The integration of financial and citizen serv...
- Return of MDR a key step towards making UPI sustainable and enabling further growth: ExpertsEffective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...
- NPCI announces MDR for UPI; merchant transactions above Rs 2,000 to attract 0.4% chargeWhile NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...
- No smartphone, no internet? PhonePe brings UPI to 220 million feature-phone usersAt the Global Fintech Fest 2026 in Mumbai, PhonePe announced UPI 123Pay support for its app on feature phones, taking the SMS-based, intern...
- Merchant fee on UPI rolling out as transaction floor set at Rs 2,000India has exempted transactions up to ₹2,000 via UPI and RuPay debit cards from charges. This move allows for the reintroduction of merchan...
- AI-led payments will need strong risk checks as trust remains critical: Amazon Pay India CEOAs artificial intelligence increasingly makes digital payments more contextual and automated, strong risk checks will remain critical to ma...
- Banking services hit as unions strike for five-day workweekA nationwide bank strike disrupted services at public sector banks on Friday as unions pressed for a five-day workweek and resolution of wa...
- Bank union strike today: Are banks open or closed today on September 11, 2026? Check detailsCustomers should brace for significant disruptions in bank services on September 11, 2026, as the UFBU calls for a nationwide strike. This ...
- Bank union strike tomorrow: Are banks open or closed on September 11, 2026? Check detailsBank customers face potential disruptions on September 11, 2026, due to a nationwide strike. United Forum of Bank Unions has called for thi...
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