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SBI opens 'Nation First Transit Card' for digital fare payments

SBI opens 'Nation First Transit Card' for digital fare payments

The State Bank of India, country’s largest lender, has launched the ‘Nation First Transit Card’ facilitate the seamless and convenient customer commuting experience and ensure easy digital ticketing fare payments in metro, buses,...

Investors will have faster cash in hand as SEBI plans one one-hour trade settlement

Investors will have faster cash in hand as SEBI plans one one-hour trade settlement

Investors will get faster settlement and they will have faster cash in hand with SEBI's plan of one-hour trade settlement, said A Balakrishnan, Executive Director of Geojit Financial Services. "We do not see any impediment in Sebi's...

RBI to highlight digital payments infrastructure at G20 summit

RBI to highlight digital payments infrastructure at G20 summit

The Reserve Bank of India (RBI) will highlight its digital payments infrastructure at the forthcoming G20 summit, with central bank digital currency (CBDC) and public tech platforms being the main focus areas. According to RBI sources, the RBI...

The backbone of digital payments in India is now UPI

The backbone of digital payments in India is now UPI

According to RBI Governor Shaktikanta Das, the Unified Payments Interface (UPI) has transformed India's digital payment ecosystem and been instrumental in promoting financial inclusion by bringing millions of unbanked people into the...

Punjab & Sind Bank plans to raise Rs 250 crore via QIP

Punjab & Sind Bank plans to raise Rs 250 crore via QIP

In the third quarter of the current fiscal year, the state-owned Punjab & Sind Bank intends to generate Rs 250 crore through the sale of shares to institutional investors. Punjab & Sind Bank managing director Swarup Kumar Saha stated,...

Women Legal Consultants, Breaking Glass Ceilings to Bridging Gender Gaps

Women Legal Consultants, Breaking Glass Ceilings to Bridging Gender Gaps

Women Legal Consultants, Breaking Glass Ceilings to Bridging Gender Gaps We are living in an era where diversity and inclusion are becoming increasingly important in all sectors of society, and the legal profession is no exception. Today, legal...

UPI-based payments cross 10 bn monthly transactions for 1st time

UPI-based payments cross 10 bn monthly transactions for 1st time

The Unified Payments Interface (UPI)-based payments crossed 10 billion monthly transactions in August for the first time, according to the National Payments Corporation of India (NPCI).  Monthly transaction count on UPI crossed 10.24 billion...

Shaktikanta Das asks urban cooperative banks to improve governance

Shaktikanta Das asks urban cooperative banks to improve governance

Reserve Bank Governor Shaktikanta Das urged the directors of UCBs to further strengthen their governance practises, especially the three supporting pillars of compliance, risk management, and internal audit. He recalled the goals and strengths of...

Empowering Business Excellence: The Indispensable Role of SME Advisors

Empowering Business Excellence: The Indispensable Role of SME Advisors

Empowering Business Excellence: The Indispensable Role of SME Advisors In today's complex web of business landscape, small and medium-sized enterprises (SMEs) are the living threads that weave economic prosperity. As these companies face the...

Axis Bank introduces paid savings accounts without service fees or minimum deposit requirements

Axis Bank introduces paid savings accounts without service fees or minimum deposit requirements

Axis Bank introduced a paid savings account where there are fewer fees and no minimum balance requirement in an effort to move towards subscription-based accounts. Customers would pay Rs 150 per month or the reduced Rs 1,650 per year for what the...

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