UPI handles nearly 80 crore transactions daily, says Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the impressive growth of India's digital payments ecosystem. The Unified Payments Int...
Real-time payments explained: How money moves between bank accounts in secondsReal-time payments allow money to move between bank accounts within seconds, making transactions faster and more convenient for consumers a...
SBI probes suspected data breach after 3.75 lakh records surface on dark webState Bank of India is investigating a suspected data breach involving approximately 3.75 lakh records found online. The bank has engaged c...
Central Bank of India reports technical glitch in RTGS outward systemCentral Bank said that no customer suffered any financial loss on account of the incident. The lender has not attributed the disruption to ...
ED makes 6th arrest in pan-India digital arrest fraud caseThe Enforcement Directorate has arrested Mukesh Kumar Pukhraj Jain in a significant money laundering investigation. This case involves a cy...
Are banks open tomorrow on October 2 for Gandhi Jayanti? Check government, private bank holiday statusBanks will be closed across India on October 2, 2026, as branches observe Gandhi Jayanti, including SBI and banks in the public, private, f...
Bengaluru to digitise contractor bill processing, link payments to work progressBengaluru Development Minister Krishna Byre Gowda has directed officials to introduce a time-bound digital system for processing and paying...
SBI ATM charges to be waived during proposed bank strike of September 28-30: What customers need to knowAs the nation prepares for a bank strike from September 28 to September 30, 2026, the State Bank of India has decided to eliminate ATM char...
India weather today (September 24): IMD forecasts heavy rain in Odisha, Andhra, Telangana, Chhattisgarh; check state-wise forecastIndia weather news: The India Meteorological Department (IMD) has forecast heavy to extremely heavy rainfall in several parts of India on S...
How will MDR on UPI affect your mutual fund investments? Will AMCs and brokers pass on the costs to users?The introduction of a 0.02% merchant discount rate will impact specific mutual fund and broking transaction payments. One-time investments ...
UPI for mutual funds: Benefits, limits and impact of new MDR explainedUnified Payments Interface (UPI) enables convenient investment in mutual funds through instant payments and SIPs. Investors appreciate UPI ...
Pass the buck to RBI, banks: Let the savings from digital payments fund UPI costs, not consumersThe RBI's MDR introduction on UPI transactions above ₹2,000 faces criticism. This move may discourage digital payments and encourage a retu...
New UPI MDR Explained: Impact on mutual funds, brokers & investorsThe implementation of a new 0.02% merchant discount rate will influence certain UPI transactions, including one-time contributions to mutua...
Bank OTPs were sent to duplicate SIM card instead of real one, audit company loses Rs 79 lakh; Bank of India ordered to pay Rs 1.5 croreAn IT Act adjudicating authority has ordered Bank of India to pay Rs 64.44 lakh, which works out to nearly Rs 1.5 crore with 12% annual int...
ED raids 12 places across four states in Cyprus-based betting platform Parimatch probeThe search operation is continued by the ED's Mumbai zonal office under section 17 of PMLA, 2002, which grants authorised officers the powe...
Want NSE shares before the IPO? Here’s how the unlisted market worksThe National Stock Exchange’s anticipated IPO nears, prompting investors to consider buying unlisted shares now or waiting for the public o...
Bank froze businessman's account over income mismatch, now it is asked to pay Rs 50,000 compensation; HC explains whyFish machinery businessman's bank account frozen as he declared 5.76 lakh income but got Rs 23 lakh via RTGS; HC orders bank to pay Rs 50,0...