The Financial Action Task Force (FATF), the global watchdog for money laundering and terror financing, is considering enhanced disclosures for global credit card transactions and online payment gateways to curb illicit activities, according to government sources.
83 per cent of respondents access their digital cards via Google Pay, while 72 per cent use banking apps on Android devices. Looking ahead, 87 per cent of respondents are keen on adopting digital payment cards within the next three years, reflecting an ongoing shift towards digital solutions
The deposit growth in the country will decelerate to 11.2 per cent YoY in fiscal year 2025, as banks face slower mobilisation of new deposits, highlights a report by B&K Securities.
The momentum seen in H1 CY2024 has already outpaced the deal flow of the previous year, showcasing the growing interest and activity in the private credit sector.
National Conference leader and former Jammu and Kashmir Chief Minister Omar Abdullah expressed skepticism about the credibility of political parties that align with the Bharatiya Janata Party (BJP), especially in the Kashmir region.
Mumbai (Maharashtra) [India], September 5: Onsurity has partnered with DBS Bank India to offer CyberSure, a comprehensive cyber protection plan tailored for owners of Small and Medium Enterprises (SMEs) across India.
Mumbai (Maharashtra) [India], September 5: Helping early-stage startups scale their businesses on the back of a strong customer retention and engagement strategy, full stack Retention Consultancy WebEngage, today announced that applications are open for their next cohort-based Startup Progra
In terms of transaction value, the market is expected to nearly double during this period, expanding from INR 265 trillion to Rs 593 trillion by FY 2028-29.
Amidst reports of SEBI employees protesting and complaining of 'toxic work culture', the market regulator on Wednesday categorically denied the issue, instead asserting that the employees are perhaps misguided by external elements to target the credibility of it and its leadership.