Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
21 May, 2026, 07.46 AM IST
RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
21 May, 2026, 06.00 AM IST
BHIM Payments App records 300% surge in FY26 transactionsBHIM Payments App saw a significant 301% surge in transaction volumes during FY26. More users embraced the platform for daily purchases lik...
20 May, 2026, 03.20 PM IST
UPI processes 85% of India's payment volumes but just 9.5% of value; RTGS dominates at 68.6%UPI processed most payment transactions in India by volume in late 2025. RTGS handled significant value with low volume. NEFT offered versa...
19 May, 2026, 05.27 AM IST
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
18 May, 2026, 05.46 PM IST
RBI imposes penalty on IIFL FinanceThe Reserve Bank of India has fined IIFL Finance Rs 3.1 lakh for not returning surplus amounts from gold auctions to borrowers. Appnit Tech...
15 May, 2026, 06.52 PM IST
Nearly half of India’s online orders are still COD. Why cash on delivery isn’t fading in the UPI eraCash on delivery continues to drive India's online shopping. Many first-time buyers, especially in smaller towns, prefer to pay after recei...
15 May, 2026, 06.41 PM IST
Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...
09 May, 2026, 06.18 AM IST
Zaggle cuts Dice deal from Rs 123 crore to Rs 68 crore in an asset-IP only dealZaggle's Executive Chairman Raj P Narayanam told ET that the earlier Rs 123 crore figure was an indicative amount for a full entity acquisi...
08 May, 2026, 09.08 PM IST
Can NRIs use Indian mobile numbers abroad for banking? OTP delays, SIM deactivation and account access issues, know what to doNRIs managing finances abroad often face OTP issues with their Indian mobile numbers. While banks are increasingly supporting international...
08 May, 2026, 11.39 AM IST
Return-to-origin shipments, not customer returns, are India's biggest e-commerce margin problem, says Blue DartReverse logistics is evolving from a cost centre into a strategic driver of customer trust, retention and margin protection in India’s fast...
07 May, 2026, 11.23 AM IST
Thomas Cook India adds 16 currencies to its prepaid forex cardsThomas Cook India has increased its prepaid Forex Card offerings to 28 global currencies. This expansion caters to growing travel demand to...
30 Apr, 2026, 05.51 PM IST
No PAN, no purchase allowed - not even with Form 97; PAN is now mandatory for these high value transactions under new tax rulesNew Income Tax Rules, 2026, effective April 1, 2026, mandate PAN for several high-value transactions. Form 97 replaces Form 60, but its use...
28 Apr, 2026, 02.21 PM IST
You can now recharge your phone directly on WhatsApp: Here's howWhatsApp is now letting users recharge mobile prepaid numbers directly within the app in India. This new feature, powered by PayU, is rolli...
23 Apr, 2026, 04.16 PM IST
RBI sharpens compliance norms, expands use cases of UPI-linked wallets for foreign visitors under draft PPI normsThe Reserve Bank of India has unveiled draft guidelines for prepaid payment instruments. These new rules aim to strengthen compliance and c...
22 Apr, 2026, 10.12 PM IST
RBI proposes measures to strengthen Prepaid Payment Instruments frameworkThe Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...
22 Apr, 2026, 07.41 PM IST
Akshaya Tritiya jewellery buying turns more prepaid and offer-led, led by tier-2 and tier-3 demandAkshaya Tritiya 2026 saw tier-2 and tier-3 cities lead jewellery sales growth. Prepaid transactions dominated purchases. Consumers favored ...
21 Apr, 2026, 05.52 PM IST