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EU bets on digital euro to cut US tech addictionThe EU believes a digital euro is the answer to cutting its addiction to US payment systems like Visa and Mastercard as well as Apple Pay a...
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
Razorpay begins IPO process; files confidential DRHP to raise Rs 5,000-6,000 croreFintech major Razorpay has officially commenced its IPO journey by filing its draft red herring prospectus with SEBI, aiming to raise Rs 5,...
308% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 4.08 lakhThe RBI has announced the premature redemption price for Sovereign Gold Bond (SGB) 2019-20 Series-VII, set at Rs 15,275 per unit. Investors...
Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
Contactless card payments on the rise as Indian shoppers swipe less, tap moreIndian shoppers are increasingly opting for contactless 'tap-and-pay' card transactions, with estimates suggesting they now account for up ...
A new IPO frenzy: Why is Bharat making a beeline for bourses?Retail chains from smaller Indian towns are planning to raise over Rs 7,000 crore through IPOs. These companies see capital markets as a fa...
Listed digital payment majors finally turn a corner in FY26Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like cr...
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
Sovereign Gold Bond premature exit date today: SGB series turned Rs 1 lakh investment into Rs 3.12 lakhThe Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bond (SGB) 2020-21 Series VIII at Rs 16,012 per u...
Chennai metro discontinues CMRL travel card and urges users to switch to Singara Chennai Card; Know what happens to your moneyChennai Metro Rail Corporation is phasing out its CMRL travel card. Commuters must transition to the Singara Chennai Card, a National Commo...
Regulations slow growth but reward patient founders: Razorpay’s Harshil Mathur at YC Startup SchoolRazorpay CEO Harshil Mathur highlighted the advantages of operating in regulated spaces, noting the company's explosive growth in India's p...
These cash transactions may attract up to 100% penalty by Income Tax DepartmentPenalty on cash transactions: Recently in a brochure the Income Tax Department has said that taxpayers should avoid using cash for their da...
Digital payments yet to dethrone cash in priority list of Indians during offline purchases: SurveyA recent report shows that while digital payments are on the rise in India, cash is still the preferred mode for offline transactions, espe...
ITR filing: How to generate CRN challan/mandate form when making tax payment offlineThose taxpayers who want to make payment through offline mode should generate challan/mandate Form bearing CRN through ePay tax module only.
IDFC First Bank partners Crunchfish to demonstrate offline retail paymentsThe Regulatory Sandbox was established in 2020 by the Reserve Bank of India (RBI) to foster responsible innovation in financial services, p...
Fintech unicorn Razorpay acquires Ezetap in a cash-and-equity dealSources told ET that Razorpay has paid $150 million for the deal, of which $100 million will be cash payouts to Ezetap’s shareholders.
View: RBI's recent announcement on offline digital payments can be a game-changerWith products like Unified Payments Interface (UPI), India has one of the best payment infrastructures in the world. However, India remains...
Infibeam Avenues invest in IGPLThe technology enables merchants and retailers to offer digital solutions to the largely cash transacting customers
4-million offline merchants on platform? Paytm claims it’s doable this yearPaytm's offline merchant netwok includes small 'paan' shops, vegetable vendors, big retail outlets, petrol pumps, food chains such as CCD a...