March 29, 2024 17:53 (IST)
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PM Modi to kickstart BJP's Lok Sabha poll campaign from Meerut | Kangana Ranaut in Mandi: 'Don't think I am a heroine, consider me as your sister and daughter' | Mayawati, Akhilesh Yadav demand high-level probe into Mukhtar Ansari's death | PM Modi has mastered art of manipulating democracy, hurting Constitution: Mallikarjun Kharge | Mafia-turned-politician Mukhtar Ansari dies of cardiac arrest at 63

Rahul Kothari appointed as Razorpay's Chief Operating Officer for India and Malaysia

Mumbai: Rahul Kothari, formerly the Chief Business Officer (CBO) of Razorpay, has been appointed as the Chief Operating Officer (COO) for India and Malaysia.

Bank of Baroda Q2FY24 net profit up 28% to Rs 4,253 cr

Mumbai: State-run lender Bank of Baroda (BoB) recorded a 28.4% increase in net profit in the second quarter of the FY24 at Rs 4,253 crore, compared to the same period last year.

Bank of Baroda enables UPI LITE - Small Value on Device Wallet

Mumbai: Bank of Baroda Wednesday announced that it has enabled UPI LITE - Small Value on Device Wallet to enable users to make instant, small value digital payments with only one tap without the use of a UPI PIN.

SBI Card enables RuPay Credit Cards on UPI

New Delhi: SBI Card, India’s largest pure-play credit card issuer, and National Payments Corporation of India (NPCI) have announced the linking of SBI credit cards on the RuPay platform with UPI.

CAIT and Meta to digitize 10 million local businesses via WhatsApp Business app

New Delhi: Confederation of All India Traders (CAIT) and Meta are expanding their ‘WhatsApp Se Wyapaar’ program to digitally train and upskill 10 million local traders on the WhatsApp Business App. 

India's UPI to be available in Sri Lanka soon

New Delhi: India's instant payment technology Unified Payments Interface (UPI) will now be used in Sri Lanka.

RBI issues draft directions on cyber resilience, digital payment security controls for Payment System Operators

Mumbai: The Reserve Bank of India (RBI) on Friday released draft Master Directions on Cyber Resilience and Digital Payment Security Controls for Payment System Operators (PSOs).

UPI emerges as the second most preferred repayment method for digital loans: CASHe Report

Kolkata: UPI emerged as the second most preferred repayment method after e-NACH for borrowers on CASHe, a credit-led, AI-driven financial wellness platform.

RBI slaps Rs 3.06 cr penalty on Amazon Pay (India) for non-compliance of rules

Mumbai: The Reserve Bank of India Friday said it has fined Amazon Pay (India) Private Ltd more than Rs 3.06 crore for not adhering to certain rules regarding Prepaid Payment Instruments (PPIs) and the Know Your Customer (KYC) directive.

NPCI allows NRIs from 10 nations without Indian phone nos. to use UPI facility

New Delhi/IBNS: Non Resident Indians (NRIs) from 10 countries, who hold NRE or NRO accounts, will be able to use Unified Payments Interface (UPI) platforms with their international mobile numbers.

Cabinet approves incentives for RuPay Debit Cards and low-value BHIM-UPI transactions (P2M)

New Delhi/IBNS: The Union Cabinet Wednesday approved the incentive scheme for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (person-to-merchant) for a period of one year from April 2022.

PhonePe moves domicile to India from Singapore pre IPO

Bengaluru/IBNS: FinTech platform PhonePe on Thursday announced that it has completed the process of moving its domicile to India.

NPCI and IIT Kanpur Ink MoU for knowledge sharing and research collab

The Indian Institute of Technology (IIT), Kanpur and National Payments Corporation of India (NPCI) have signed a Memorandum of Understanding (MoU) for sharing knowledge on innovative ideas and to collaborate on the development of indigenous digital payments solutions.

Bharat BillPay to offer recurring payments to farmers across India in collaboration with FAARMS

Mumbai: Bharat Bill Payment System, the one-stop platform for facilitating all recurring payments across categories has collaborated with FAARMS to enable the recurring payments facility for all the farmers across India.

More than 37,000 users joined UPI123Pay since its launch on March 8

New Delhi: The Reserve Bank of India (RBI) has taken various steps to expand the reach of UPI outside India and 37,096 users have joined the payments network, Union Minister of State for Finance Dr Bhagwat Kisanrao Karad said recently in a written reply to a question in Lok Sabha.