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UPI PAYMENT FRAUD
MHA warns of fake welfare scheme ads using deepfake videos of PM Modi, CMs and ministers- I4C warns of rising financial fraud involving deepfake PM Modi videos, fake welfare schemes, cashback scams
- Phone stolen in metro crowd, Rs 57,000 lost within an hour; SIM card used to take money from bank accounts without unlocking the device
- 'Twelve years, 12 questions': Akhilesh Yadav targets Centre on banking problems in IndiaAkhilesh Yadav has posed twelve significant questions to the Centre about the current state of the banking sector. His concerns highlight i...17 Oct, 2026, 12.17 PM IST
- UPI MDR rollout deferred beyond Diwali; date yet to be notifiedNPCI framework, announced on September 15, was scheduled to take effect on October 15. It prescribed a 0.4% fee on eligible bank account-fu...13 Oct, 2026, 11.48 PM IST
- UPI MDR rollout delayed; Rs 7,131 crore RDI deploymentNPCI has pushed back the UPI MDR rollout until after the festive season. This and more in today's ETtech Top 5.13 Oct, 2026, 08.08 PM IST
- UPI MDR rollout deferred until after DiwaliUPI MDR charges on eligible merchant transactions above Rs 2,000 have been deferred until after Diwali, with the exact implementation date ...13 Oct, 2026, 07.04 PM IST
- VCs clip all love & cash on agentic AIAs personal AI agents transform the consumer internet, Indian VCs are shifting the focus from attention-grabbing apps to intent-driven assi...13 Oct, 2026, 04.13 PM IST
- Bank customer spots huge unknown deposit in account, receives a call pressuring him to return it immediately, ends up approving even higher amount; warns SBIState Bank of India (SBI) has warned customers about the ‘Jumped Deposit Scam’, in which fraudsters use unexpected bank credits and urgent ...12 Oct, 2026, 01.53 PM IST
- Compensation of Rs 100 to Rs 5,000 per day for delay by bank in processing your request in these 5 situationsFrom stuck credit card closure requests to lost property papers, RBI rules require banks to pay you for every day they're late. A customer ...08 Oct, 2026, 05.52 PM IST
- UPI MDR spurs soundbox expansion beyond metrosThe industry has scope to increase soundbox deployments from about two crore to five crore over time, a top official at the National Paymen...06 Oct, 2026, 10.45 AM IST
- Fee on UPI P2M payments: How this “small” 0.4% fee can take a bigger bite out of your moneyStarting from October 15, 2026, a new 0.4% transaction fee will be applied to UPI payments exceeding Rs 2,000, while lower amounts and peer...30 Sep, 2026, 02.25 PM IST
- ‘Money came by mistake’: Man returns Rs 8,400, later finds his Rs 25,000 blocked by bank over ‘suspicious activity’A viral X post has raised concerns over returning money received from unknown bank accounts after a man claimed that Rs 8,400 sent to him b...29 Sep, 2026, 10.04 PM IST
- IIT Madras study finds highly educated professionals among financial cybercrime victimsA study by IIT Madras indicates that educated professionals are frequent victims of financial cybercrime. The research highlights that high...29 Sep, 2026, 01.49 PM IST
- Banks’ biggest risks may now sit inside their tech stack: RBI Deputy Governor Rohit JainRBI Deputy Governor Rohit Jain said technology is no longer merely an enabler for banks but is becoming their “risk architecture”, making t...24 Sep, 2026, 03.49 PM IST
- BHIM MyUPI payments launched: 9 services users can access at one place, from checking transactions to managing UPI AutopayIn a significant move towards enhancing digital payments, NPCI BHIM Services Limited has introduced MyUPI, a conversational AI assistant se...23 Sep, 2026, 12.35 PM IST
- Banks rethink UPI play; Big Tech's AI pivot dents Indian ITHappy Wednesday! The return of MDR on UPI is pushing banks to rethink products and budgets. This and more in today’s ETtech Morning Dispatc...23 Sep, 2026, 07.44 AM IST
- MDR gives banks more fuel for UPI playPayment companies can build the customer interface, but a product cannot scale until issuing and acquiring banks connect their systems, tes...23 Sep, 2026, 06.00 AM IST
- UPI vs credit cards - How India's payments system is boosting savings and benefitting multiple stakeholdersThe Anglo-Saxon economies of the US, United Kingdom and Australia show a reduction in household savings rates along with a growth in credit...21 Sep, 2026, 12.22 PM IST
- UPI’s new MDR pot: 5% of collections to be used for bringing small merchants onlineNPCI will introduce a dedicated fund from MDR proceeds for small merchants. This fund aims to expand digital payment infrastructure in smal...20 Sep, 2026, 12.05 PM IST
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