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PAYMENT OF ORDER INSTRUMENTS
Steering wheel malfunction in new car leads to accident during family trip; owner fights and wins Rs 18.23 lakh refund, Rs 4 lakh compensation in consumer forumA car buyer has won a significant victory after a nearly three-year legal battle. His seven-month-old MG CVT automatic car experienced Elec...- These 7 private and public banking stocks have an upside of up to 26% in one year, according to analystsWhen it comes to banking, remember this: PSU and private banks have different kinds of loan books; at the end of the day, however, both ope...
- These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...
- India and the new economics of constraintIndia is attempting to rise in a world shaped increasingly by AI, fractured supply chains, geopolitical rivalry, slowing globalisation, and...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- New PAN norms 2026: Where quoting is relaxed and where it’s now mandatoryNew Income Tax Rules, 2026 have relaxed PAN quoting for several transactions, including cash deposits and debit card applications. However,...
- UPI processes 85% of India's payment volumes but just 9.5% of value; RTGS dominates at 68.6%UPI processed most payment transactions in India by volume in late 2025. RTGS handled significant value with low volume. NEFT offered versa...
- Kalshi, Polymarket defy India ban on online betting platformsDespite India's technology ministry warning that prediction markets like Polymarket and Kalshi are illegal, customers in India continue to ...
- Govt has eased FDI norms for foreign cos having small Chinese/Hong Kong stake: An explainerIndia has eased Foreign Direct Investment rules for companies with up to ten percent Chinese or Hong Kong shareholding. These firms can now...
- No PAN, no purchase allowed - not even with Form 97; PAN is now mandatory for these high value transactions under new tax rulesNew Income Tax Rules, 2026, effective April 1, 2026, mandate PAN for several high-value transactions. Form 97 replaces Form 60, but its use...
- Anticipating the inevitable: What India must learn from prepared economies in an age of recurring crisisGlobal markets are reacting to the expectation of disruption. Countries that prepare for crises in calm times fare better. China and Russia...
- RBI fines Pine Labs Rs 3.1 lakh for KYC lapses on prepaid payment instrumentsThe move follows a statutory inspection of the fintech’s operations conducted between July 2024 and May 2025. The RBI clarified that the ac...
- Interstate transmission: Centre allows surety bond and payment of order instruments as bid securityTo bolster payment security for interstate power transmission projects, the government has introduced Payment of Order Instruments (POI) an...
- NCLT admits L&T Finance plea against Tikona Infinet over unpaid duesThe Mumbai bench of the NCLT has admitted L&T Finance's insolvency plea against Tikona Infinet over a ₹116.01 crore default on coupon payme...
- UPI rule change: Use any UPI app to pay from your wallet as RBI allows interoperability for full-KYC PPIRBI new rules for UPI payment : Now wallet holders will no longer have to depend upon the PPI wallet issuer in order to make UPI payments, ...
- Prepaid card issuances dry up for fintech firmsNew numbers dip to fraction of levels before RBI bar on credit links to PPIs.
- Bidders can furnish letter of undertaking instead of bank guarantees for renewable power projectsIn a statement, the Ministry of New and Renewable Energy (MNRE) said Singh "has approved a proposal for acceptance of Letter of Undertaking...
- In six months, a Paytm user can transact with a MobiKwik userOne of the biggest issues with digital payments have been the fact that it a mobile user wallet of Paytm, for example, could only transact ...
- Cheques, drafts to be valid for 3 months from AprilAccording to a senior banker, the three-month validity period is a good enough time period for instrument conciliation.
- RBI directs cooperative banks not to process over 3-month old chequesRBI has directed co-op banks not to make paymts on cheques & other financial instruments that are 3 mths old from next fiscal.
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