UPI effect: Average ATM visits halve to 8 times a year
Every $1 increase in the value of UPI (Unified Payments Interface) transactions leads to an 18 baisa decrease in debit
Continue reading
Category: Banking & Financial Services
Dhanlaxmi Bank registers 62% increase in Q4 net profit at ₹38.17 crore
Dhanlaxmi Bank It recorded a net profit of Rs.38.17 crore during the fourth quarter of FY23 as against a net
Continue reading
CoinDCX launches decentralised finance wallet Okto
Cryptocurrency exchange CoinDCX has announced the global launch of its decentralized financial (DeFi) wallet application Okto, which provides simplified and
Continue reading
Free Pizzas! Crypto platforms bring in Bitcoin Pizza Day with offers and goodies
Cryptocurrency platforms bring Bitcoin Pizza Day by distributing free pizzas, gift vouchers and other goodies. Indian gamers Coinswitch, Mudrex, and
Continue reading
Indian Bank looking digital forward with large outlay
The Indian public sector lender has said it will continue to make massive investments in IT infrastructure and build digital
Continue reading
Banks’ deposit rates seen peaked as note withdrawal may fuel mobilisation
Deposit rates offered by banks are expected to have peaked, given the unlikely chance of higher interest rates in the
Continue reading
RBI pushes for stronger governance at public sector banks
The Reserve Bank of India on Monday urged public sector banks to strengthen their boards of directors and focus more
Continue reading
Paytm Money launches bonds platform, making investing easier for retail investors
One97 Communications Limited (OCL), which owns the Paytm brand, said on Monday that its wholly owned subsidiary Paytm Money Limited
Continue reading
Expect most ₹2000 bank notes will come back to central bank: RBI Governor
Reserve Bank of India Governor Shaktikanta Das expects most of the 2,000 rupee notes to return to the central bank.
Continue reading
Cholamandalam to tread cautiously in EV financing in the near term
Cholamandalam Investment & Finance Company Ltd, a leading auto finance company, says it has currently taken a conservative approach to
Continue reading