The Reserve Bank of India (RBI) has increased the ceiling for offline payment transactions to Rs 500 to fortify small-value digital payments using instruments like UPI Lite.
The Supreme Court has admitted Irdai’s appeal against the Securities Appellate Tribunal’s decision to stay the order directing Sahara India Life Insurance Company to transfer its life insurance business to SBI Life...
India's burgeoning middle class with rising income levels, along with a large youth population, provide a perfect background to drive consumer spending and economic growth, says the report
Unified Payments Interface has become the preferred mode of transaction for the majority of Indians since its launch in 2016 because of the many advantages it offers over other digital modes
IRDAI has issued a precautionary advice to the public against an unregistered entity by the name of Bhartiya Cooperative General Insurance Limited, which is soliciting insurance policies. The insurance regulator has urged...
Credit card companies usually offer an interest-free period of 45 to 55 days. But the credit card provider may charge you around 3.5 per cent monthly interest after the due date.
RBI’s Digital Payments Index (RBI-DPI) shows a four-fold increase since 2018, with digital payments growing 13.24 per cent last year alone.
Holding or circulating fake currency notes is a punishable offense with imprisonment or fine or both under the Indian Penal Code. However, there is always a risk of fake currency if you are dealing in cash
Reserve Bank of India Governor Shaktikanta Das announced streamlining of the Bharat Bill Payment System at the end of the Monetary Policy Committee meeting...
On selecting the option 'UPI Cash Withdrawal' at a Bank of Baroda ATM, the customer needs to enter the withdrawal amount, post which a QR code is displayed on...
As the Unified Payments Interface system grows in popularity in India, it’s important to take precautions to ensure the safety of your money. Here how’s to...
Rental income would be computed by deducting 30 per cent of the rent received from the gross rent received. In case of gifts made by cheque, the transaction...
From Romania’s plans to launch an NFT marketplace, FTX’s sale of LedgerX to Sotheby's NFT auction, here’re some latest development in the crypto space
UPI Help is an online dispute resolution process that seamlessly handles customer queries and complaints.
Different credit cards have different benefits and rewards. Compare them thoroughly and monitor your spending and credit utilisation ratio to avoid getting a...
Here are some of the major developments from the world of crypto over the past few days.
A bank account is deemed dormant if it is not operated for two years. Here’s how you can reactivate the account and keep it active
If a taxpayer identifies errors in the financial transactions stated on his/her annual information statement (AIS), he/she can raise the issue with the income...
Linking credit cards to make UPI payments is a game changer in digital payments as it offers the benefits of both credit cards and UPI, according to experts....
Here is how you can get your money back if you sent it to a wrong UPI address
People in India are using passwords that are rather easy to memorise, for their online transactions. But, this is a terrible practice. Here’s how to...
The income tax department monitors high-value transactions, and often during Diwali or otherwise too, these transactions might cross a certain threshold. Here...
The Reserve Bank of India (RBI) is seeking feedback from the public and industry stakeholders for introducing a new framework for UPI and IMPS transaction...
DigiPe Fintech Private Limited has introduced its users to make a secure transaction with the help of a double QR, which operates on the idea of not letting...
State Bank of India releases process document with guidelines for safe digital transactions
