Private banks levying extra charges on customers for using UPI over 20 times a monthAccording to a report published by Ashish Das of IIT Bombay, banks are interpreting the UPI law to suit them to conclude that, while 'payme...
Private banks slap fees on use of UPI over 20x a monthAccording to a report published by Ashish Das by the Indian Institute of Technology (IIT), Bombay, banks are interpreting the law to suit t...
Central bank makes dissent public, insists on payments board controlThe RBI wants PRB to be under its purview instead as had been stated in the Finance Bill of 2018.
Government panel calls for sweeping changes to payments lawThe panel’s recommendations were made in a Bill drafted to replace the existing law on payment and settlement systems.
Kharif crop new minimum support price hike to cost centre ₹33,500cr moreThe new MSP, to be considered by the cabinet on Wednesday, will largely apply to paddy and pulses but will benefit ‘nutri-cereals’ like mil...
3D Printing - A key actor for realising industry 4.0The face of machines, trade, technology and production has changed and evolved drastically.
RBI grants approval for TReDS; NPCI to be central unit for Bharat bill paymentRBI on Tuesday granted an “in-principle” approval to three companies to set up and operate a new Trade Receivables Discounting System.