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DIGITAL BANK
UK fintech Revolut valuation soars to $115 billionBritish digital bank Revolut, whose growth has exploded in recent years, reached a valuation of $115 billion Wednesday following a secondar...
ITR verification process: Different ways to e-verify your Income Tax Return using Aadhaar OTP, net banking, EVCTaxpayers can now e-verify their Income Tax Returns using multiple online options. Aadhaar OTP and Electronic Verification Code (EVC) are c...
Punjab National Bank eyes ambitious target to break into world's top 100Punjab National Bank is setting its sights on breaking into the elite group of the world's top 100 lenders in the near future. With a signi...
Punjab & Sind Bank eyes Rs 4 lakh cr business by FY29: Lender bets big on technology transformationPunjab & Sind Bank is setting ambitious goals, aiming for a staggering ₹4 lakh crore in business by the fiscal year 2028-29. The bank proje...
Banks lure NRIs with high-return FCNR(B) deposits, warn of leverage risksBanks are attracting NRI dollar deposits through RBI's FCNR(B) window. These deposits offer projected returns of thirteen to sixteen percen...
Samsung Galaxy Card launches in the US to take on Apple Card: 5% cash back, $200 bonus, no annual feeSamsung Galaxy Card reward: Samsung has launched its first branded credit card, the Samsung Galaxy Card, in the United States. This new Vis...
How PayPal went from Wall Street favorite to unwilling merger targetPayPal, once a Wall Street favourite and a pioneer in digital payments, is now facing a potential $53 billion takeover bid from Stripe and ...
Global Market: PayPal takeover talks intensify as board mulls improved bidPayPal is reviewing a $53 billion takeover bid from Stripe and Advent International but considers the $60.50-per-share offer too low. Amid ...
How PayPal went from Wall Street favorite to unwilling merger targetThe company synonymous with digital payments this past week got a $53 billion offer to be taken private by upstart rival Stripe and buyout ...
Don't put a toll on UPI: Why merchant discount rate isn't the answerA proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...
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...
Q1 earnings begin on a strong note as banks fuel double-digit growthFor a common sample of 164 companies, revenue grew 17.5% on a low base a year ago, the fastest in at least nine quarters. Net profit rose 1...
ED opens PMLA probe into foreign funds to NaxalsThe Enforcement Directorate has registered a money laundering case concerning foreign funds. Nearly ninety-five crore rupees in illegal for...
Trade, NBFC credit to remain fastest-growing lending segments: ReportTrade and NBFC credit are expected to remain among the fastest-growing segments of India's banking system, supported by rising formalisatio...
UPI MDR could raise business costs, hurt consumption if introduced: ExpertsExperts suggest focusing on who bears UPI merchant discount rate costs. Introducing this fee could increase business operating expenses and...
Bank holiday today (Thursday, July 16, 2026): Are banks open or closed today for Jagannath Rath Yatra 2026 in Odisha, Mumbai and Delhi? Check state-wise listBank holiday today: Banks will be closed today, July 16, 2026, in few states today. These closures are to observe the Jagannath Rath Yatra ...
Himachal Pradesh State Cooperative Bank to suspend digital banking services from July 17-22 for core banking system upgradeHimachal Pradesh State Cooperative Bank will suspend services from July 17 to July 22. This temporary closure is for migrating to the Finac...
UK to issue first 'digital' bond by early 2027, finance minister saysBritain aims to become the first major economy to issue a digital sovereign bond. This initiative will test distributed-ledger technology f...
Global Market: EU opens talks on digital euro rules, eyes 2029 launchThe European Union has begun negotiations on legislation to create the legal framework for a digital euro, aiming to finalize the rules by ...
Saturday bank holiday: Are SBI, HDFC Bank, ICICI Bank open or closed today on July 11, 2026?Banks will remain closed on Saturday, July 11, 2026? Digital banking services will continue to be available for customers even if banks are...