Mumbai (Maharashtra) [India], February 18: AU Small Finance Bank offers an enhanced digital savings account experience designed to deliver greater convenience, transparency, and accessibility to customers across India. The initiative reflects the Bank's continued focus on strengthening perso
New Delhi [India], February 11: Financial management, spending, payments, and security are all affected by the decision of whether one opts for a credit card or a debit card.
Credit cards continued to dominate high-value consumer spending in the country, while UPI further strengthened its position as the preferred mode for everyday payments, according to a report by Worldline.
CAM is designed to provide a uniform, efficient way to evaluate MSME creditworthiness using digital tools. By leveraging existing data in the digital ecosystem, such as payment history and business records, the system aims to reduce delays and human errors in loan processing.
India's homegrown payments body, the National Payments Corporation of India (NPCI), is now gearing up for a fresh wave of disruption in the country's credit landscape, after having already transformed debit payments through UPI.
According to a research report by Bernstein, "NPCI has already
New Delhi [India], November 18: At the intersection of last-mile delivery and banking efficiency stands Smartbox, a company best known for building India's largest network of self service smart lockers. While most eyes are fixed on what's happening inside banking apps, Smartbox is solving a
India's economy is expected to have grown by around 7.5 per cent in the second quarter of the current financial year FY26, supported by a pick-up in investment activities, an improvement in rural consumption and the impact of GST rationalization, according to a research report by the State
New Delhi [India], November 13: With the latest technology, online account opening even for zero-balance accounts is simple, fast and completely paper-free. From online e-KYC to digital onboarding, banks are improving convenience for their customers.
Mumbai (Maharashtra) [India], November 13: India's payment landscape is evolving. Alongside familiar and widely trusted ways of paying such as Debit Cards, UPI, and net banking, many consumers are now also choosing to use Credit Cards for their everyday purchases. This shift is not about rep
Unified Payments Interface (UPI) has emerged as the most preferred mode of payment during the festive season, reflecting strong consumer spending and a revival in demand, according to a report by Bank of Baroda.
New Delhi [India], October 6: Umunthu System Private Limited has partnered with Cosmos Co-operative Bank to launch Cosmo Galgal--India's first youth-focused digital banking solution from a co-operative bank. The app features integrated video KYC, enabling users to open accounts anytime, anyw
Mumbai (Maharashtra) [India], September 1: IDFC FIRST Bank is pleased to announce the facility to pay GST for both its customers as well as non-customers. The integration provides the following features: