SBI seeks clarity on bank accounts under proposed FCRA rulesState Bank of India presented to the Joint Parliamentary Committee regarding the Foreign Contribution (Regulation) Amendment Bill. Official...
29 Sep, 2026, 08.22 PM IST
Apple Pay India launch may change payments in iPhones: Expected date, banks supported, UPI access and featuresApple Pay is expected to launch in India next month with Axis Bank credit cards, ahead of wider bank support, Reuters reported. The service...
29 Sep, 2026, 02.28 PM IST
Visa and Mastercard $167.5M ATM settlement: Who qualifies, how to claim and key deadlinesA landmark settlement has been reached in the United States, with Visa and Mastercard agreeing to pay $167.5 million over ATM surcharges. E...
29 Sep, 2026, 02.28 PM IST
5 rule changes from October 1: SBI ATM charges, MDR on UPI, bulk FD rates, KYC for LPG subsidy and moreIn October 2026, significant changes to banking and finance regulations will take effect, impacting numerous services. Furthermore, the Res...
28 Sep, 2026, 05.07 PM IST
₹2,000+ UPI payment charges: SC refuses interim stay on 0.4% MDR, issues notice to govt, RBI, NPCI and othersThe Supreme Court has declined to grant an interim stay on the government’s new merchant discount rate policy. This policy imposes a 0.4% c...
28 Sep, 2026, 01.14 PM IST
ICAI tells members to complete statutory compliance before nationwide bank strikeBank employee unions have called the three-day strike, during which branch operations across public sector banks are expected to remain dis...
25 Sep, 2026, 06.03 PM IST
WhatsApp 'NO' reply costs lakhs: CA gets Rs 90,000 fake debit alert, replies 'NO' & loses Rs 1.70 lakh from bank accounts; no OTP or link involvedA Chartered accountant allegedly lost Rs 1.70 lakh from his ICICI Bank and IndusInd Bank accounts after replying “No” to a WhatsApp message...
25 Sep, 2026, 05.47 PM IST
Offered lower interest rates on home loans and car loans when you buy insurance? It may not always come cheap; here's how IRDAI proposes to change itNew proposals by IRDAI aim to reform loan-linked insurance offerings from banks and NBFCs, ensuring transparency for borrowers. Key changes...
25 Sep, 2026, 03.00 PM IST
FM Nirmala Sitharaman rejects UPI MDR 'misconception,' says charge won't be passed to consumersFinance Minister Nirmala Sitharaman confirmed that the Merchant Discount Rate on UPI payments above Rs 2,000 will not be passed to consumer...
25 Sep, 2026, 09.01 AM IST
Forget stocks, property and gold: 'Best investment is…' Harsh Goenka shares Warren Buffett’s advice on where to put your time & effortHarsh Goenka shared a video of Warren Buffett explaining why investing in yourself can be more valuable than investing in stocks or money. ...
24 Sep, 2026, 10.28 PM IST
SBI expects surplus from new UPI MDR as issuing, acquiring bankState Bank of India will start charging a merchant discount rate on UPI payments exceeding Rs 2,000 from October 15. The bank anticipates g...
23 Sep, 2026, 08.49 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
UPI vs debit vs credit cards: Will UPI payments with MDR charges still be cheapest? NPCI explainsAfter the MDR charge announcement on certain merchant UPI transactions, many UPI users are thinking whether they should shift from the UPI ...
22 Sep, 2026, 05.38 PM 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
SBI debits Rs 19.9 lakh for late spouse’s loan, freezes salary account despite not part of the debt; High Court orders it to pay widow Rs 20.9 lakhAllahabad High Court has ordered SBI to refund Rs 19.9 lakh after the bank used a widow’s fixed deposit to recover her late husband’s perso...
19 Sep, 2026, 10.19 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