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Economy

RBI Allows Small Finance Banks to Give Credit on UPI

Mumbai: The Reserve Bank of India (RBI) on Friday allowed small finance banks (SFBs) to offer pre-sanctioned...

6 Dec 2024 8:57 PM IST

Business

PoS terminals grow close to 9 million

Chennai: The number of PoS terminals have gone up close to 9 million, indicating the robust growth of digital...

11 Oct 2024 12:27 PM IST

Nation

UPI transactions volume rises 52 pc to 78.97 billion in Jan-Jun:...

New Delhi: Indian instant payment system Unified Payment Interface (UPI) transaction volumes recorded a 52 per cent...

10 Oct 2024 4:53 PM IST

Nation

RBI increases UPI lite wallet, transactional limit

In a positive development for users, the Reserve Bank of India (RBI) on Wednesday had increased UPI Lite wallet limit to...

9 Oct 2024 11:54 AM IST

Economy

UPI’s Gain Is Debit Cards Fall

Mumbai: With changing consumer preferences shifting towards the use of credit cards and UPI, debit Cards as a payment...

2 Oct 2024 11:15 PM IST

Business

Majority of users say they will stop using UPI if transaction fee is...

Around 75 percent of UPI users will stop using it if any transaction charge is levied on the service, a survey by Local...

27 Sept 2024 11:26 AM IST

Business

RBI Introduces Delegated Payment Through UPI, Cheque Clearing Time...

Mumbai: The Reserve Bank of India (RBI) on Thursday proposed to introduce Delegated Payments’ in UPI. Delegated Payments...

8 Aug 2024 10:05 PM IST

Economy

RBI Maintains Repo Rate at 6.5% for Ninth Consecutive Time

RBI keeps repo rate unchanged at 6.5% to curb inflation, contrasting global central banks. FY25 growth forecast at 7.2%,...

8 Aug 2024 7:39 PM IST

Business

UPI Transaction Limit Increased To Rs 5 lakh From Rs 1 lakh: RBI

New Delhi: The UPI transaction limit for tax payments has been increased from Rs 1 lakh to Rs 5 lakh, announced Reserve...

8 Aug 2024 11:39 AM IST

Economy

UPI crosses 500 mn daily transactions twice in August

Chennai: A couple of times in August, Unified Payments Interface (UPI) crossed the milestone of processing 500...

7 Aug 2024 6:02 PM IST

Andhra Pradesh

Andhra Pradesh: New guidelines restrict direct UPI payments for...

Tirupati: The Andhra Pradesh Southern Power Distribution Company Limited (APSPDCL) has introduced new guidelines...

3 July 2024 10:53 AM IST