Mumbai, March 30 LIC announced on Monday that its offices across zones and divisions will remain open during normal working hours on Tuesday.This move is for customer convenience, as per the advisory issued by the Insurance Regulatory and Development Authority of India (IRDAI), an official...
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New Delhi, March 27 Airpay Payment Services announced on Friday that it has partnered with the Maharashtra State Co-operative Bank (MSCB) to enable UPI-based digital payments across the lender's network in the state, in order to accelerate financial inclusion in rural areas.The rollout will...
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New Delhi, March 26 UPI has emerged as the dominant payment method among lenders, accounting for 91.89 per cent of transactions on the platform, far surpassing net banking, IMPS, and debit cards, according to a report.Female lenders invested an average of Rs 2.5 lakh, more than four times the...
New Delhi, March 25 Fintech platform CRED announced on Wednesday that its users can now authorize UPI payments using their face or fingerprint for transactions up to Rs 5,000.The feature, developed in collaboration with the National Payments Corporation of India (NPCI), is available on both...
New Delhi, March 25 The market regulator, Sebi, proposed on Tuesday the introduction of gift cards or gift prepaid payment instruments (PPIs) for investments in mutual funds to improve financial inclusion by onboarding new investors in the sector.Under the proposal, the purchaser of a Gift PPI...
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Mumbai, March 24 The Reserve Bank is developing more digital public infrastructure and payment intelligence platforms by leveraging artificial intelligence and application programming interfaces to enhance customer experience and strengthen the payment ecosystem, according to a senior central...
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New Delhi, March 23 Paytm, operated by One 97 Communications, continues to maintain its dominant position in the merchant payments platform, which is expected to drive its growth over the next two years, according to brokerage Jefferies on Monday.The brokerage retained its 'Buy' rating on the...
New Delhi, March 22 – As Prime Minister Narendra Modi completed over 24 years in office, Akhilesh Mishra, CEO of BlueKraft Digital Foundation, a leading think tank, said this milestone reflects a rare democratic endorsement sustained across multiple elections.In a post on X, Mishra stated that...
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March 21, New Delhi — India and Bhutan signed a Memorandum of Understanding (MoU) to enhance postal cooperation during the visit of India's Secretary (Posts) to Bhutan from March 19-22, 2026. The visit aimed to strengthen connectivity, service delivery, and collaboration between India Post and...
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Chandigarh, March 18 Haryana Chief Minister Nayab Singh Saini rejected the opposition's claim on Wednesday that the rise of online shopping is adversely affecting small traders.He said there is no evidence of distress among small traders.Saini said, in fact, the expansion of digital payments...
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Mumbai, March 17 Svasti Microfinance announced on Tuesday a fundraising of ₹47.5 crore, including equity and subordinated debt, from Adar Poonawalla, Abler Nordic, and the Rajiv Dadlani group.The company aims to expand its assets under management to ₹1,400 crore by March 2027, according to an...
New Delhi, March 17 NPCI International Payments Limited, the international arm of the National Payments Corporation of India (NPCI), has reaffirmed its commitment to expanding the Unified Payments Interface (UPI) merchant acceptance in Sri Lanka.The initiative aims to enhance cross-border...
New Delhi, March 16 Top 10 willful defaulters, including ABG Shipyard, Gitanjali Gems, and Housing Development and Infrastructure, owe Rs 40,635 crore to banks as of March 31, 2025, Parliament was informed on Monday.ABG Shipyard Ltd tops the list with Rs 6,695 crore due to banks, followed by...
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March 12, New Delhi – Prime Minister Narendra Modi will inaugurate the NXT Summit 2026 in New Delhi today. The forum brings together political leaders, diplomats, scientists, and business executives from around the world.Chief Justice of India Surya Kant will also participate in the three-day...
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March 11, New Delhi — Union Minister Ashwini Vaishnaw stated on Wednesday that the Digital India program has significantly advanced digital inclusion across the country.Speaking during Question Hour in the second phase of the Budget Session of Parliament, the minister said that over the past...
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New Delhi, March 11 PhonePe has announced the launch of the PhonePe 'RuPay On-The-Go' Card, a National Common Mobility Card (NCMC).This launch is a step towards India's 'One Nation One Card' vision, aimed at digitizing transit payments across India.The PhonePe 'On-The-Go' Card is designed to...
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Thiruvananthapuram, March 10 The Kerala Police on Tuesday warned the public about a new cyber fraud in which scammers are allegedly using images of Chief Minister Pinarayi Vijayan in fake social media advertisements to trick people into making online payments.According to a statement issued by...
Sydney, March 5 Prime Minister Narendra Modi is “very focused” on delivering welfare programs to ordinary people and has been successful in bringing “hundreds of millions” of them into the formal economy through “financial reforms” in India, according to Canadian Prime Minister Mark Carney...
New Delhi, March 5 Noida-based payments major Paytm has gained a significant advantage in its monetization journey compared to its peers, driven by a more diversified mix across high-monetization categories such as merchant lending and financial services, which has helped it improve...
Washington, March 5 – Canada’s Prime Minister Mark Carney has praised Prime Minister Narendra Modi’s leadership and governance record, highlighting his relentless work ethic and focus on serving ordinary citizens, while signaling a push to deepen ties between Ottawa and New Delhi.Speaking at...
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