Haitong sees 26% upside in Paytm. Lists 4 reasons for buying the dipsHaitong has initiated a coverage on One 97 Communication (Paytm) with an ‘Outperform’ rating for a target of Rs 1,410, implying an upside o...
From Rs 20 chai transactions to Rs 285 lakh crore flows; UPI marks a decade of India's payments revolutionIn the last 10 years, UPI has registered a 12,000-fold surge in volume and over 4,000 times increase in value — that's 17.86 million transa...
Paytm ahead in merchant payments, PhonePe leads consumer play: Bernstein reportThe two companies’ payment margins are similar if PhonePe’s P2P volumes are adjusted for, showing that both are at nearly the same level wi...
Jefferies cuts Paytm price target to Rs 1,450 on incentive structure changesJefferies has cut its price target on Paytm to Rs 1,450 after removing PIDF incentives from estimates, trimming EBITDA forecasts for FY27 a...
Paytm shares tumble 9%, down in 4 out of 5 sessions. Company clarifies on recent reportsPaytm's stock experienced a significant drop due to market worries about the Payment Infrastructure Development Fund. This scheme's potenti...
UPI recognised as world's largest real-time payment system by IMF; accounts for 49% of global transactionsAs per the Ministry, as of October 31, 2025, approximately 5.45 crore digital touch points have been deployed through PIDF in tier-III to 6...
RBI extends PIDF scheme by 2-years till Dec 2025Reserve Bank of India (RBI) extended the Payments Infrastructure Development Fund (PIDF) Scheme till December 2025, expanding its coverage ...
India card payments market to surpass $728 billion in 2027, forecasts GlobalDataGlobalData’s Payment Cards Analytics reveals that card payments value in India registered a strong growth of 26.2% in 2022, supported by th...
Over 1.18 crore payment devices deployed across country till April: RBI dataBesides, 1,14,05,116 digital devices, including inter-operable QR code-based payments such as UPI QR, Bharat QR, were deployed under the sc...
Addressing the need-gaps: How fintechs can make deeper inroads in rural IndiaWith only 28 per cent of rural India boasting access to internet-enabled smartphones and a low level of digital literacy among rural reside...
2.46 lakh physical payment devices installed in smaller towns under Payment Infra Development FundPIDF Scheme, operationalised by the RBI from January, subsidises deployment of PoS infrastructure (physical and digital modes) in tier-3 to...
India is fast becoming the global ransomware capital, says NPCI CEODominance of a few players may not be in the best interest and there is a need to raise competition, says Dilip Asbe.
RBI extends PIDF scheme to street vendors covered under PM SVANidhi in tier 1, 2 centresThe Payments Infrastructure Development Fund (PIDF) scheme, with a corpus of Rs 345 crore, envisages creating 30 lakh new touch points ever...
Financial inclusion will continue to be a policy priority after pandemic: RBI Governor Shaktikanta DasIt is the responsibility of all stakeholders to ensure that the financial ecosystem (including the digital medium) is inclusive and capable...
Budget 2021: RBI support could cut cost for deploying payment terminals in rural IndiaHowever, key stakeholders – the banks and payment companies -- would continue to demand the resumption of transaction charges albeit a disc...
RBI sets Rs 345 crore corpus for developing payment infrastructure in rural IndiaThe fund will be used for adding 30 lakh digital payments touch points which would include 10 lakh physical and 20 lakh digital payment acc...
- Cotton ginners calls off 10 days strike
Even as cotton prices in Punjab remained stable at Rs 2710 to Rs 2745 per maund (one maund=37.324 kg), cotton ginners called off a ten day ...