HDFC credit card holder lost Rs 1.39 lakh in an unauthorised transaction, bank says card details and OTP were used; court orders HDFC Bank to pay him Rs 1.75 lakhAn HDFC Bank credit card holder disputed a Rs 1,39,901 online transaction he said he had never authorised. HDFC Bank argued that card detai...
16 Sep, 2026, 09.39 AM IST
Paytm, MobiKwik, Pine Labs shares rally up to 6% after govt announces UPI fees above Rs 2,000. Why brokerages are bullishPaytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. F...
16 Sep, 2026, 09.27 AM IST
Reliance Industries to raise Rs 12,500 crore via five-year bondsIn a significant financial maneuver, Reliance Industries aims to secure ₹12,500 crore via a five-year bond issuance, orchestrated by Indian...
16 Sep, 2026, 07.38 AM IST
RBI backs MDR on large-value UPI transactions, says could help expand UPI acceptanceThe Reserve Bank of India supports Merchant Discount Rate on large UPI transactions. This move aims to ensure the long-term sustainability ...
15 Sep, 2026, 10.50 PM IST
UPI Charges Explained: Will you pay a fee for Rs 2,000+ UPI payments? Government clarifies what users need to knowUPI Payment Charges Rules: Ordinary UPI users will not pay transaction fees for payments above Rs 2,000. Person-to-person UPI transactions ...
15 Sep, 2026, 08.43 PM IST
Fintechs high on AI, but yet to let it handle your moneyThe Unified Payments Interface (UPI) processed 24.51 billion transactions worth Rs 29.82 lakh crore in August, according to data from the N...
15 Sep, 2026, 06.00 AM IST
Central database may be used for financial oversight, risk monitoringIndia's government plans to expand Cersai's database for better financial risk monitoring. This initiative aligns with the phased rollout o...
15 Sep, 2026, 12.45 AM IST
RBI proposes 60-day temporary debit hold on suspicious money mule transactions: Key things you need to know about RBI’s KYC directionsThe Reserve Bank of India has announced proposed regulations concerning money mule accounts, allowing banks to implement temporary debit ho...
14 Sep, 2026, 06.04 PM IST
RBI proposes framework to freeze only disputed amounts instead of entire accounts in cyber fraud casesBanks will soon freeze only disputed transaction amounts, not entire accounts. AI systems will monitor unusual transfers of one thousand ru...
14 Sep, 2026, 05.59 PM IST
Beijing bans drone possession after June's deadly skyscraper crashBeijing will ban drone possession and storage starting November 15. Existing drone owners must remove devices from the city by November 14....
14 Sep, 2026, 09.53 AM IST
Banks seek RBI nod to use new rules for old trade mismatchesBanks want RBI approval to apply new rules for closing old trade deals. These unsettled transactions have accumulated to nearly one lakh cr...
14 Sep, 2026, 09.46 AM IST
MCD suspends 3 engineers over dereliction of duty; 8 removed so far after Delhi building collapseThe Municipal Corporation of Delhi announced on Thursday the suspension of three engineers as part of a broader crackdown on negligence in ...
10 Sep, 2026, 09.51 PM IST
India plans AI registry as it looks to roll out agentic payments, sources sayThe landscape of digital finance is evolving as India's payments authority creates a registry specifically for AI agents. This registry aim...
10 Sep, 2026, 03.23 PM IST
After Satya Niketan collapse, MCD continues drive against unsafe and illegal buildings across DelhiThe Municipal Corporation of Delhi intensified its demolition drive across all zones. This action follows the recent collapse of a paying g...
10 Sep, 2026, 11.23 AM IST
RBI to expand retail forex access with five new currency pairs, plans wider global currency bouquetThe Reserve Bank of India will add five currency pairs—euro, British pound, Swiss franc, Canadian dollar and Emirati dirham—to its FX-Retai...
09 Sep, 2026, 07.24 PM IST
Credit card lost, and someone used it; who will cover the lost money - you or the bank?What if a transaction takes place after you lose your card, and you don’t block it before that? Who has the liability then - you or the ban...
09 Sep, 2026, 05.36 PM IST
Bank OTPs were sent to duplicate SIM card instead of real one, audit company loses Rs 79 lakh; Bank of India ordered to pay Rs 1.5 croreAn IT Act adjudicating authority has ordered Bank of India to pay Rs 64.44 lakh, which works out to nearly Rs 1.5 crore with 12% annual int...
08 Sep, 2026, 04.28 PM IST