Paytm Q4 Results: One 97 Communications, which operates Paytm reported a net profit of Rs 184 crore in the fourth quarter, compared with a ...

From vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...

As India’s fintech sector recalibrates after the 2021 funding surge, growth is no longer being rewarded in isolation.

Chinese banking stocks showed resilience as regulators consider relaxing shareholder restrictions, potentially allowing investors to hold m...

The digital payments industry has received about Rs 8,000 crore in subsidy payments over four years for UPI and RuPay debit card payments, ...

The committee also recognised the need for cashback and multi-year subsidy schemes to promote adoption of digital payments in tier-three to...

The Reserve Bank of India is dedicated to the long-term viability of the Unified Payments Interface (UPI), as articulated by Governor Sanja...

If India’s “free UPI” policy was already pinching banks, the government’s latest move has turned the screw further. A fresh cut in incentiv...

UPI Transactions: The government recently introduced an incentive scheme for promoting low-value BHIM-UPI transactions under Rs 2,000 to sm...

Shares of Paytm’s parent company, One97 Communications, fell 5.5% after the Union Cabinet approved a Rs 1,500 crore incentive to promote lo...

Paytm Q3 Results: Paytm, operated by One97 Communications, reported a narrowed consolidated loss of Rs 208.3 crore in the December quarter,...

Sharing the details in its annual report for FY24, the Walmart-backed company said it reported an adjusted net profit of Rs 197 crore in th...

"This incentive scheme will promote digital payments by incentivising banks to build a robust digital payments ecosystem and to promote RuP...

This report by the firm came right after the Union Cabinet on Wednesday approved the incentive scheme with a financial outlay of Rs 26 bill...

Although the government had announced several plans related to digital payments and the broader financial technology sector last year many ...

"It is meant for those who cannot use other means of digital payment, particularly if they don’t have a mobile phone or they are financiall...

The incentive is also aimed at encouraging banks to onboard merchants for the new payments ecosystem and build the requisite infrastructure.