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RS 1.39 LAKH UNAUTHORISED TRANSACTION
UPI MDR: 10 UPI transactions that will attract MDR charges; what’s the maximum you will payA new UPI framework will implement fees on certain merchant transactions while keeping person-to-person payments and transactions under two...- UPI fee: Why govt is putting a price on big merchant paymentsThe National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...
- Nithin Kamath says new UPI charges on investing, broking don’t make sense: 'I don't see how we can absorb this indefinitely'Zerodha CEO Nithin Kamath said the new UPI MDR framework may not make economic sense for investing and broking, where customers can transfe...
- UPI charge is just tax collection: Ashneer Grover calls out government wanting to charge on payments above Rs 2,000 while banks are making crores in profitsBharatPe co-founder Ashneer Grover has questioned the rationale for introducing charges on certain UPI merchant transactions above Rs 2,000...
- Rs 11 IV for Rs 325, Rs 6 syringe for Rs 57: Tukaram Mundhe flags 2,841% inflated hospital bills that patients don't even know, sends recommendation to CentreMaharashtra FDA Commissioner Tukaram Mundhe has cited a survey showing substantial differences between procurement prices and printed MRPs ...
- Covid ka chota bhai: Radiologist shares scan of a young patient showing the effects of H1N1 influenza spread across India, says it is not a harmless dieseaseA doctor has shared an Instagram post featuring a CT scan that he claimed showed extensive lung infection in a young woman with influenza. ...
- 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...
- UPI MDR seen as sustenance fee, not windfall; small merchants remain shieldedA new merchant discount rate will fund UPI's expanding infrastructure costs. Large value person-to-merchant transactions above two thousand...
- UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to knowUPI Payment: UPI transactions up to Rs 2,000 will remain free for all users. A new Merchant Discount Rate (MDR) will apply to specified mer...
- 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 ...
- UPI transactions above Rs 2,000 to attract 0.4% MDR; check key detailsNPCI will introduce a Merchant Discount Rate on select P2M UPI transactions starting October 15. Merchants will pay 0.4% on transactions ex...
- 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...
- Banks cannot impose charges on UPI payments of up to Rs 2,000, govt saysThe government has announced no charges on UPI transactions up to Rs 2,000. RuPay debit card payments below this amount will also remain fr...
- Short term investment lesson from Kailash Kher's Mumbai property deal: Singer makes profit in just 10 months, sells office space for Rs 10.75 croreSinger Kailash Kher has sold his 2,619 sq ft office in Mumbai’s BKC for Rs 10.75 crore, around 10 months after purchasing it for Rs 10.50 c...
- Should you have multiple bank accounts? Here’s how many you really needShould you keep all your money in one bank account or spread it out? While multiple accounts can aid in budgeting and offer deposit insuran...
- 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...
- Rs 34 lakh F&O trading loss: Income Tax dept calls it speculative, ITAT Delhi treats Rs 25 lakh as business lossTaxpayer lost Rs 34 lakh in F&O trading but reports it as business loss; Income Tax dept treats it as speculative loss; ITAT Delhi treats R...
- 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...
- Global Market | South Korea’s NPS suspends FX hedging as won hits near two-year high: ReportsSouth Korea’s National Pension Service has suspended foreign exchange hedging as the won strengthened to a near two-year high against the d...
- Arcil sets price band at Rs 132-139 for Rs 733-crore IPO. Check dates and other key detailsArcil has announced an IPO price range set between Rs 132 and Rs 139 per share, with a target to raise around Rs 733 crore. The public can ...
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