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PayU gets RBI's nod to operate as online, offline and cross-border payment aggregatorFintech platform PayU has secured authorization from the Reserve Bank of India to operate as a payment aggregator. This approval allows Pay...
PayU gets RBI clearance for unified online, offline and cross-border payment aggregationMumbai (Maharashtra) [India], PayU, India's leading diversified fintech platform, has received integrated authorization from the Reserve Ba...
These HDFC Bank services will not be available on December 14, 15: Know when you cannot use UPI, IMPS, NEFT, credit cardHDFC Bank has scheduled maintenance between December 14-15, which will lead to a temporary disruption of various services. HDFC Bank custom...
ICICI Bank customers: This money transfer service will be down briefly between December 14 and 15, check detailsICICI Bank has said that this money transfer service will be down briefly between December 14 and 15, 2024. The bank has suggested a few al...
Digital Rupee: SBI allows interoperability of UPI and Central Bank Digital Currency (CBDC)With the use of this innovative innovation, customers of the SBI CBDC will be able to quickly scan any retailer's UPI QR code for quick and...
Axis Bank launches Infinity Savings Account with zero service charge on these 47 transactions; All you need to knowWith a focus on technologically savvy consumers who frequently interact with subscription-based models, Axis Bank has introduced a savings ...
India and Singapore launch UPI-PayNow linkagePrime Minister Narendra Modi along with Reserve Bank of India Governor Shaktikanta Das and the prime minister of Singapore on Tuesday launc...
ICICI Bank’s new digital banking platform ‘InstaBIZ’ allows greater convenience for export businessesThe platform boasts of helping businesses experience a range of services digitally including payments of funds through multiple digital mod...
GST annual return forms to help check tax evasion: expertsThe finance ministry has notified annual tax return forms for businesses registered under the GST, in which details of sales, purchases and...
Government unveils draft GST returns forms, seeks public commentsThe tax department today put up in public domain draft GST returns forms -- Sahaj and Sugam -- for seeking comments from stakeholders.
With negligible costs, we are going to get additional revenues: B Kartikeyan, Weizmann ForexInternational inward remittances to India have grown by 4.2% this financial year
Return Filing - Under GST, this is how you will file tax returns from July 1Filing returns will see a radical departure from current provisions. Compliance will no more be a one day activity as the return cycle is s...
Special clearing for government transactions on March 30, 31"It is mandatory for all banks to participate in the special clearing operations on these two days", RBI said.
Smart things to know: NEFTThe National Electronic Funds Transfer enables electronic transfer of funds between two NEFT-enabled bank branches.
ET Wealth: Smart things to know about real-time gross settlementRTGS is a facility that is used to transfer funds from one bank to another. Each transaction is settled individually as soon as it is recei...
- E-payment likely to gain currency as RBI cuts fee
Electronic payment services are being more attractive. Consumers will not be charged any fee now for receiving money from other bank accoun...
- RTGS trips up on banks’ inward remittance fees
The decision by large banks to cha rge fees on inward remittances has emerged as a stumbling block to developing the real time gross settle...