ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: ReportAs artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...
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 ...
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
Saturday bank holiday: Are banks open or closed today on June 6, 2026?Banks will be open today, June 6, 2026. This is the first Saturday of the month, a regular working day. Bank holidays vary by state, with t...
RBI announces UPI launch in Cambodia: What it means for Indian tourists & businessesUnified Payments Interface (UPI) services are now live in Cambodia, enabling Indian travelers to make QR code-based payments. This collabor...
Unified Lending Interface is a good start. Now comes the hard partIndia's new Unified Lending Interface, ULI, promises to fix credit access. However, its true impact depends on fintech companies.
UPI transactions soar to record of Rs 29.9 lakh crores in MayUnified Payments Interface transactions reached record highs in May. Summer travel and the IPL fueled this surge. Value and volume of trans...
Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
Bank holiday for Bakri ID (Id-Uz-Zuha): Are banks open or closed today in your state on May 28, 2026?Bank holiday today: Banks in several Indian states are closed today, May 28, 2026, in observance of Bakri ID (Id-Uz-Zuha). While branch ser...
Bakri-Eid Bank Holiday Today: Are banks closed or open in your state for Eid-UI-Adha/Id-ul-Zuha) on May 27, 2026?Bank holiday today: Banks across numerous Indian states will be closed today, Wednesday, May 27, 2026, for the Eid-ul-Adha festival. This h...
Mobikwik gets RBI nod for offline payment aggregator licenceMobikwik Systems secured RBI's in-principle nod for a Payment Aggregator-Physical license, paving the way for offline merchant payments. Th...
MobiKwik shares surge 8% after the company gets RBI nod for payment aggregator licenseOne MobiKwik Systems shares surged after the company received in-principle RBI approval for its Payment Aggregator-Physical licence, streng...
SBI Bank Holiday Alert 2026: SBI branches may remain closed for up to 6 days from May 23-28 due to weekend, strike and BakridSBI bank holidays May 2026: SBI branches may be closed for up to six days from May 23, 2026, due to a weekend, a proposed two-day staff str...
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...
Credit card transactions jump 2.6 times in four years: RBI reportCredit card transactions in India saw a significant jump between 2021 and 2025. Private banks expanded their dominance in this segment. Deb...