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Finance

The need of UPI-like platform for e-commerce

The proposed Open Network for Digital Commerce intents to keep a check on digital monopolies and create more inclusiveness within the digital commerce ecosystem....
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Banking

Banks recover Rs 61000 crore via one time settlement

The government has informed the Parliament that around 11 banks have recovered Rs 61,000 crore via one time settlement in nearly four financial years....
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Governance

India and Australia on course to wrap up early harvest trade deal

India and Australia are very likely to conclude an early harvest trade deal by the end of this month while Scott Morrison, Prime Minister,...
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Finance

Prepaid cards bots of Fintechs leading to misuse of e-payments

Issuing prepaid payment instruments by banks to retailers in bulk is being misused to generate transactions, which is helping some of the fintech firms...
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Banking

Axis Bank announced a hike in Fixed Deposit interest rate

Axis Bank has announced a hike in the interest rates on its fixed deposits (FDs). As displayed on its official website, the bank has...
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Banking

State Bank of India to sell NPA accounts to recover loan dues

The State Bank of India notified that it has lined up the sale of a dozen non-performing assets to recover loan dues of over...
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Banking

Lenders need to monitor industries with fossil fuel links: RBI

The Reserve Bank of India(RBI) has asked all the banks to monitor the industries that are at risk of green transition as nations across...
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Governance

ONDC seeks to democratize e-commerce

Piyush Goyal, the Minister of Commerce and Industry, Consumer Affairs and Food and Public Distribution and Textiles had virtually addressed the fifth edition annual...
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