Mumbai, Sept. 24 -- Despite pushback from various quarters over the reintroduction of merchant discount rate (MDR) charges on payments through the Unified Payments Interface (UPI), the National Paymen... Read More
New Delhi, Sept. 16 -- The National Payments Corporation of India (NPCI), on Tuesday, reintroduced merchant discount rate (MDR) on some person-to-merchant (P2M) transactions made via the unified payme... Read More
New Delhi, Sept. 11 -- The Reserve Bank of India on Friday moved to drain the banking system's dollar deluge from the runaway success of its special foreign deposit scheme, announcing plans to drain R... Read More
Mumbai, Sept. 10 -- Indian fintech firms, having built strong digital infrastructure at home, should now look at creating solutions for global markets, Reserve Bank of India (RBI) governor Sanjay Malh... Read More
Mumbai, Sept. 10 -- National Payments Corporation of India (NPCI) on Thursday launched new features on the Unified Payments Interface (UPI), including a tap-to-pay facility and a single window to trac... Read More
Mumbai, Sept. 2 -- Non-banks have sought clarity from the Reserve Bank of India (RBI) on the definition of revolving credit and exemptions for certain micro, small, and medium enterprise (MSME)-focuse... Read More
New Delhi, Aug. 31 -- Sashidhar Jagdishan's exit from HDFC Bank brings to an end a tenure marked by regulatory scrutiny, governance allegations and severe market underperformance, even as the bank's l... Read More
New Delhi, Aug. 25 -- Federal Bank on Tuesday denied reports that it is in talks to acquire a majority stake in Jana Small Finance Bank, stating that while it routinely evaluates growth opportunities,... Read More
Mumbai, Aug. 21 -- Affordable housing lender Home First Finance is financing individual homes certified under new green-building standards it helped develop with the International Finance Corporation,... Read More
Mumbai, Aug. 20 -- Mumbai: India's foreign exchange markets should not fear integration with global liquidity but work to strengthen risk management and oversight, according to Reserve Bank of India (... Read More