Festive surge drives UPI near record ₹29.8 lakh crore milestone across 24.5 billion transactionsIndia's UPI processed transactions near record highs in August, reaching ₹29.8 lakh crore. The platform handled a fresh record of 24.51 bil...
01 Sep, 2026, 12.33 PM IST
NRI selling inherited property in India? Agricultural land, farmhouse, and plantation property have stricter sale and repatriation rulesNon-Resident Indians (NRIs) hold the right to inherit property in India; however, selling such assets involves navigating a complex set of ...
29 Aug, 2026, 11.55 AM IST
Have undisclosed foreign assets or income? Know the extra tax cost if you miss FAST Scheme 2026's December 31 deadlineIndia's FAST Scheme 2026 provides a unique opportunity for taxpayers to declare foreign assets. This voluntary disclosure window closes on ...
25 Aug, 2026, 03.32 PM IST
Fino Payments Bank board extends tenure of interim CEO by another three monthsFino Payments Bank's board approved an interim CEO tenure extension. Ketan Merchant's role as interim MD and CEO will continue. This extens...
24 Aug, 2026, 07.48 PM IST
Cashfree Payments posts 52% jump in revenue in FY26, losses narrowOver the last two years, Cashfree reported marginal growth in revenue and no improvement in the bottom line following a year-long ban by th...
20 Aug, 2026, 08.22 PM IST
How India's digital infrastructure opened global markets to Indian investorsIndian residents' outward remittances have significantly increased, reaching a record USD 31.73 billion by FY2023-24. Digital reforms and i...
17 Aug, 2026, 10.49 AM IST
Foreign Assets Disclosure Scheme 2026: ₹1 crore limit, 30% tax and December 31 deadline — all you need to knowA new government scheme will open on August 16, 2026, for taxpayers to disclose foreign assets. This one-time voluntary disclosure scheme c...
15 Aug, 2026, 12.02 PM IST
The hidden economics of international spendingThe expansion of Indian international spending is rapidly increasing annually. The hidden costs of forex mark-up on credit cards can signif...
14 Aug, 2026, 04.05 PM IST
AI in this decade is what digitsation was in the last: RBI governorBanks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public...
12 Aug, 2026, 07.43 PM IST
SBI Chairman Setty rules out asset quality stress in Q1, says seasonality distorts sequential NPAsState Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupe...
07 Aug, 2026, 08.34 PM IST
Easebuzz FY26 revenue rises 10% to Rs 723 crore; profit drops 41%Profit after tax fell 41% to Rs 11.15 crore from Rs 18.77 crore in FY25. The value of payments processed by the company, however, rose abou...
28 Jul, 2026, 10.08 PM IST
FCNR(B): Data show banks have raised $20.7 bn under scheme; $10 bn more may flow inThe optimism follows RBI's disclosure that banks have collectively garnered $20.7 billion under its special incentive window, a pace that h...
22 Jul, 2026, 12.36 AM IST
Banks, financial institutions reported fraud of Rs 1.42 lakh crore in last 5 years: MoS FinanceBanks and financial institutions reported Rs 1.42 lakh crore in fraud over five years. Recovery of Rs 6,389 crore was made during this five...
21 Jul, 2026, 07.50 PM IST
Nearly 55.49 crore UPI users onboarded by June 2026Around 55.49 crore UPI users were onboarded by June 2026, Parliament was informed. UPI transactions reached 24,162 crore in volume and Rs 3...
20 Jul, 2026, 07.21 PM IST
RBI is right to act on digital payment fraud. But some safeguards need sharper designCyber fraud complaints and losses are increasing significantly in India's digital payment system. The Reserve Bank of India has proposed ne...
10 Jul, 2026, 04.26 PM IST
PB Fintech to inject Rs 20 crore into payments arm, expand Dubai presenceThe capital infusion will be made in one or more tranches through equity subscription and is aimed at supporting PB Pay's business expansio...
01 Jul, 2026, 10.18 AM IST
RBI grants in-principle approval for payment aggregator licence to EnKashFounded in 2018, EnKash claims to have assisted 1 lakh businesses to digitise and decentralise their corporate payments.
11 Jan, 2023, 10.25 PM IST