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Banking

10 Billion UPI Transactions Crossed in August 2023

New Delhi: Today, National Payments Corporation of India announced the crossing of 10 billion UPI transactions in August 2023. Writing on the X/twitter, NPCI posted,...

RBI Proposes AI-Powered ‘Conversational Payments’, Increases UPI Lite Transaction Limit

Mumbai: RBI governor Shaktikanta Das introduced several new features during the Monetary Policy Committee meeting on Thursday. These enhancements include AI-powered transactions, offline payments,...

Now Pay in Rupees Using UPI at Eiffel Tower

France: Prime Minister Narendra Modi announced on Thursday that India and France have come to an agreement to utilize the Unified Payments Interface (UPI)...

IFSCA, BITS Pilani Collaborate to Facilitate FinTech and TechFin Entities

New Delhi: The International Financial Services Centers Authority (IFSCA) and PIEDS BITS Pilani have signed a Memorandum of Understanding (MoU) at BITS Pilani PIEDS...

New Agri Infra Fund Campaign Titled BHARAT Launched for Banks

New Delhi: The Ministry of Agriculture and Farmers Welfare launched a one-month campaign for banks under Agri Infra Fund titled BHARAT (Banks Heralding Accelerated...

Union Finance Minister Nirmala Sitharaman Reviews Performance of Public Sector Banks

New Delhi: The Union Finance Minister, Nirmala Sitharaman, conducted a meeting to discuss the performance of Public Sector Banks (PSBs) on various financial parameters...

SBI Enables Cardless Cash Withdrawal, Revamps Its YONO App

Mumbai: The State Bank of India (SBI), the largest public sector lender, has announced the revamp of its digital banking application, 'YONO for Every...

HDFC-HDFC Bank Merger, Aim to Achieve Two-fold Growth Every Four Years

Mumbai: HDFC Bank and its subsidiary HDFC Ltd have merged in a historic move that will significantly impact India's financial landscape. This merger solidifies...

Apple to Launch its Credit Card in India: Report

According to reports, Apple is planning to launch its own credit card in India. During his recent trip to India, Apple CEO Tim Cook...

BharatPe Appoints Partha Pratim Sengupta to the Board of Unity Bank

Partha Pratim Sengupta, a veteran in the banking and financial services industry, has been appointed as BharatPe's nominee on the Board of Unity Small...

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