Public sector banks see modest CBDC volume growth, start offering DBT via digital currency
India's public sector banks see growth in CBDC transactions, with SBI offering e-rupee to customers and merchants.
ICICI Bank: Poised For Growth
ICICI Bank reports a 15% profit surge with strong metrics like CASA ratio and low NPAs. See how the Indian central bank's ...
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SBI UPI Limit Can Be Increased Instantly for UPI Users, Here’s How
Digital payments are on the rise in India, with UPI becoming the preferred method for both small and large transactions.
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SBI Arbitrage Opportunities Fund - Direct Plan - Growth
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...
3 Significant Monetary Changes That Kicked In From February 2025
Starting February 2025, significant regulatory changes will come into effect, including ATM withdrawals, bank minimum balance ...
YONO-UPI integration via PayNow to provide bigger reach for India-bound transactions from Singapore
SBI Singapore's planned YONO-UPI integration with PayNow will enhance India-bound transactions. The upcoming launch of two new payments solutions by MAS and ABS aims to support e-payments. YONO ...
Banks to take on fintechs with feature-packed merchant apps
Fintech firms like BharatPe and Paytm face increasing competition from banks such as HDFC, ICICI, Axis, and SBI, which are launching merchant-focused platforms. Banks aim to regain market share by ...
Business Today13d
Alert! UPI payments with ‘#, @, $’ in IDs will be rejected from Feb 2025. Here’s what changes
From February 1, 2025, a routine UPI payment might not go through—not because of insufficient funds, but due to an unexpected restriction. Any transaction ID containing special characters such ...
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UPI Transaction IDs With These Characters Will Be Blocked From February 1 - Here's How To Avoid It
NPCI aims to standardise the process for generating UPI transaction IDs. The National Payments Corporation of India (NPCI), a public sector company that operates retail payments and settlement ...
Mint13d
UPI Credit Cards: How to track small transactions and stay within your budget
UPI enabled credit cards are rapidly evolving the financial inclusion landscape in India. This is getting possible by combining convenience of UPI services with the benefits of seamless credit ...
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Can a charter school be religious? Supreme Court to decide
Jan. 31 (UPI) --Can a charter school be religious? The Supreme Court decision about St. Isidore, a Catholic school in Oklahoma, could redraw lines around church and state in education If approved ...
Using UPI? Your Payments May Fail If You Ignore This New Rule
UPI transactions may fail if special characters are included in UPI IDs. The National Payments Corporation of India (NPCI) has mandated that UPI transaction IDs must be strictly alphanumeric, ...