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Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...- UPI volumes report 3% dip in April to 22.5 billion transactions after record high numbers in MarchUPI transactions in April saw a minor dip from March but a 25% rise year-on-year. While UPI shows resilience, India's digital payments sect...
- China sells first 30-year special bonds at 2.2%, lowest since November 2025China's finance ministry successfully auctioned 30-year special government bonds at a 2.20% yield, the lowest since November 2025. This ref...
- Groww's strong Q4; Iran conflict hits India's GCCsFintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5.
- Public sector banks told to take quantum leap in encryption for added securityIndian banks are preparing for a quantum computing future. The finance ministry has asked public sector banks to explore quantum-resistant ...
- Rupee plunges 49 paise to 93.32 against US dollar in early tradeThe Indian Rupee weakened significantly against the US Dollar today. Higher crude oil prices and global geopolitical tensions are impacting...
- Rouble drops to 3-week low on low liquid interbank market after MOEX sanctionsAmidst new U.S. sanctions on Russia, the rouble plummeted to a three-week low against the dollar on the interbank market, triggering specul...
- Covid forced BRICS development institutes to revise their long-term strategiesThis conclusion was reached by the experts of the VEB.RF Institute (Russia's largest development institute) in a special report which was p...
- One year of Nirav Modi fraud: PNB responds with more checks and audit controlsThe change PNB's system began as 'Mission Parivartan', with a specific aim to tighten the audit controls.
- Cabinet approves pact between EXIM Bank, New Development Bank"The proposal will enhance trade and economic relations among the BRICS countries...The participating institutions from the BRICS nations w...
- No more waiting at toll plazas soon; NHAI plans e-tollingNHAI has approached National Payments Corporation of India to set up an interbank clearing house to enable e-tolling across 350 toll plazas.
- Financial Benchmarks India Pvt Ltd to begin setting overnight benchmark ratesThe FBIL also proposes to take over administration of forex benchmarks and other Indian Rupee interest rate benchmarks over a period of tim...
- National Payments Corporation of India cuts inter-bank ATM transaction fees by 10%The Reserve Bank-promoted body, has reduced the charges to 45 paise on an increase in volumes and efficiency, the Corporation said.
- European Union accepts Visa Europe's concessions, ends antitrust probeThe European Union's antitrust authority is closing an investigation against Visa Europe after accepting the firm's offer to lower some car...
- China benchmark rate tumbles most since 2011The seven-day repurchase rate, a gauge of funding availability in the banking system, tumbled 344 basis points, or 3.44 percentage points, ...
- Rupee hits all-time low of 52.84/85 against dollarRupee on Monday hit lifetime low of 52.84/85 against dollar as demand for US currency soared with FIIs pulling out money in the wake of neg...
- China to remove barriers to trade in YuanBut at the same time the Chinese government does not have any predetermined goal for the currency's international position, he added.
- US, European interbank lending rates fall againKey interbank lending rates in the US and Europe continued to fall Monday, suggesting that lower borrowing costs, added liquidity from cent...
- Emerging markets get credit for expanding banking: BISThe Bank of International Settlements (BIS) on Monday said that new credit to Asian, African and Middle Eastern emerging markets expanded t...
- No more switching charges for ATM customers: IDRBTHundreds of ATM customers will now get a relief, with the inter-bank connectivity services have been made free.
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