HDFC Bank's shares experienced a dip on Wednesday after a newspaper report alleged that the bank made illegal payments to the Maharashtra State Road Development Corporation to secure large ...
Krisztian Sandor / CoinDesk: LA-based Fasset, which offers stablecoin-powered banking and cross-border payments services across Asia, Africa, and the Middle East, raised a $51M Series B — The Shariah-compliant ...
Paytm reassures users that the Reserve Bank of India's action against Paytm Payments Bank Limited will not impact its services or financial stability, as the two operate independently.IMAGE: Photograph: ...
The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank, citing concerns over the bank's management and conduct being detrimental to depositors and public interest, ...
Fueled by festivals and the financial year's end, Unified Payments Interface (UPI) transactions in India soared to a record high in March, showcasing the platform's dominance in the digital ...
The Reserve Bank of India is set to revolutionise the digital payments landscape by leveraging artificial intelligence to enhance customer experience, automate grievance handling, and build a robust payments ...
DBS Bank India introduces a new direct tax payment facility via the TIN 2.0 platform, streamlining tax payments for customers, while Utkarsh Small Finance Bank teams up with Mumbai ...
Swift is revolutionising international payments with a new system designed to provide faster, cheaper, and more transparent transactions for small businesses and consumers worldwide.Key PointsSwift is launching a new ...
Companies like PhonePe are entitled to an annual incentive for the promotion of low-value UPI transactions. This incentive has been coming down over years. Key Points Tiger Global and ...
In its June 2025 review, the International Monetary Fund spotlighted India's Unified Payments Interface as the world's most dominant retail instant-payment network, moving more transactions than any other system ...