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DIGITAL TRANSACTIONS
Jan Dhan at 12: Women hold 33 crore of 59 crore accountsOver Rs 53 lakh crore has been transferred through Direct Benefit Transfer to beneficiaries. Nearly 33 crore women now hold Jan Dhan accoun...
PM Jan Dhan Yojana has had unparalleled impact, transformative outcomes: PM ModiThe Pradhan Mantri Jan Dhan Yojana has achieved unparalleled impact and transformative outcomes. This initiative has significantly reshaped...
IndiaFirst plans to raise Rs 250 cr in subordinated debtIndiaFirst Life Insurance plans to raise ₹150-250 crore through subordinated debt. BNP Paribas Cardif will acquire Warburg Pincus' stake in...
Fintech Paramotor Digital Technology gets Sebi nod for IPOParamotor Digital Technology has received Sebi approval for its IPO after confidentially filing draft papers in May. The fintech and enterp...
BPCL eyes E-comm, payment gateway in non-fuel push; looks to deliver groceries along with LPG cylindersBharat Petroleum Corporation Limited is expanding its e-commerce operations. The company plans to deliver groceries along with LPG cylinder...
Opinion: The problem with a threshold-based MDRThe ongoing discussions around UPI pricing are shifting towards ensuring system financing while still promoting widespread adoption. Consum...
Jio Financial to launch AI-powered ‘personal CFO’, membership programmeJio Financial Services will launch an AI personal CFO and membership program with an aim to acquire customers cost-effectively through its ...
RBI working to give banknotes in your pocket a longer lease on lifeThe RBI is exploring ways to extend the life of banknotes, including surface coatings and polymer notes for lower denominations, Deputy Gov...
Golgappa and vegetable sellers far intelligent than Rahul Gandhi: BJP attacks Congress for 'mocking' UPIThe Bharatiya Janata Party criticised the Congress for its past doubts about the Unified Payments Interface. This digital payment system ha...
UPI transactions in value terms witnesses more than 4,000 fold jump over the decadeUPI has completed 10 years, with annual transaction value soaring from ₹0.07 lakh crore in FY17 to around ₹314 lakh crore in FY26. Transact...
UPI completes 10 years: PM Modi calls it a major turning point for India’s digital paymentsPrime Minister Narendra Modi on Tuesday termed the Unified Payments Interface (UPI) a "major turning point" in the country's digital paymen...
India plans first tokenised bond issue in September: ReportIndia is set to roll out tokenised corporate bonds next month, utilizing blockchain technology to facilitate immediate transaction settleme...
UPI completes 10 years, clocks nearly 13,000-fold rise in transaction volumeUPI has completed a decade of transforming India’s digital payments ecosystem, with annual transactions surging from 1.78 crore in 2016-17 ...
ED arrests 2 in Rs 30,000 crore pan-India cyber fraud caseThe Enforcement Directorate has made two arrests in Mumbai related to a vast cyber fraud operation, part of a money laundering investigatio...
ET World Leaders Forum 2026: AI will reshape payments, but trust will be the real battlegroundAI agents are increasingly performing purchases, which presents new payment challenges. Banks and networks must verify agent intent and tra...
Cross-border trade in local currencies reduces transaction costs: RBI deputy governorLocal currencies will increasingly drive cross-border trade and payments, reducing costs and improving efficiency. Technology will be lever...
SBI customer alert: Basic savings account cash withdrawals beyond 4 times to attract Rs 15 charge from October 1In an effort to revise its fee structure, the State Bank of India will enforce service charges on Basic Savings Bank Deposit accounts. Cust...