Reforms proposed by the Insurance Regulatory and Development Authority of India (IRDAI) may impact insurance fee income for ...

Explore how the new Merchant Discount Rate (MDR) on UPI transactions could impact the sustainability of India's UPI payment ...

Explore how the introduction of Merchant Discount Rate (MDR) for UPI transactions above Rs 2,000 could affect banks' ability ...

India is advancing efforts for efficient cross-border payment interoperability among BRICS nations, discussing local currency trade settlements and enhancing the global economic landscape, as outlined ...

The Reserve Bank of India confirms a USD 133 billion FCNR(B) liquidity mobilization for banks to utilize over the next months, with individual strategies based on credit demand and asset-liability ...

Chief Economic Adviser Anantha V Nageswaran emphasizes the need for India to create jobs utilizing AI while also ensuring job security against AI disruptions, highlighting the challenges in junior ...

IDFC FIRST Bank has launched its integrated payment gateway enabling Direct Tax payments via UPI, credit cards, debit cards, internet banking, and at bank branches. This initiative simplifies tax ...

The National Stock Exchange (NSE) launches its IPO and begins trading on the BSE, with a focus on market integrity and public interest, as stated by Chairman Srinivas Injeti.

RBI Deputy Governor Rohit Jain indicates that banks will likely deploy foreign-currency non-resident (FCNR-B) deposit liquidity in response to rising credit demands during the upcoming festive season, ...

According to RBI Deputy Governor Rohit Jain, banks are set to deploy excess liquidity from foreign-currency deposits amidst strong credit demand during the upcoming festive season. The RBI's measures, ...

PhonePe announces major expansion in rural India with plans to hire 20,000 sales employees and deploy over 50 lakh digital payment devices, enhancing merchant acceptance in Tier 6 towns and villages.

Shares of PB Fintech and Turtlemint dive sharply following IRDAI's proposal to reform insurance commission structures, raising concerns over future earnings of intermediaries. Key changes in ...