Mumbai (Maharashtra) [India], March 25: Fixed Deposit Receipts (FDRs) have emerged as a cornerstone for reliable investment strategies. These are official documents issued by banks or financial institutions when customers open fixed deposit accounts. The FDR contains essential details such a
The Payments Council of India (PCI), an industry body representing a diverse range of non-banking payment industry players, with 180 members, has submitted a formal letter to the Prime Minister Narendra Modi, seeking urgent reconsideration of the Zero Merchant Discount Rate (MDR) policy for
The International Monetary Fund (IMF) has rejected Pakistan's Federal Board of Revenue's (FBR) request for reducing transaction taxes for the property sector for the time being.
New Delhi [India], March 24: The Kotak811 Mobile Banking App has redefined digital banking by offering a seamless, fully online experience for savings, investments, and transactions. As an end-to-end digital banking platform, Kotak811 eliminates the traditional barriers of banking, making fi
New Delhi [India], March 20: Mutual fund apps have revolutionised the process of investing by making it easier and more convenient. With mutual fund apps, you can view different investment options, monitor your portfolio, and make informed choices while sitting in the comfort of your house.
The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the 'Incentive Scheme for promotion of low-value BHIM-UPI transactions Person to Merchant (P2M)' for the financial year 2024-25.
Mumbai (Maharashtra) [India], March 19: BRISKPE, a Prosus-backed cross-border payments platform, has reached a major milestone by securing the Reserve Bank of India's (RBI) in-principle Payment Aggregator - Cross Border (PA-CB) authorisation. The authorisation enables BRISKPE to operate as a
This decision was made during a meeting of the Privatisation Commission Board, chaired by Muhammad Ali, the adviser to the prime minister on privatisation.
Pankaj Kapoor, VP, All India Bank Officers Confederation (AIBOC) told ANI, "Banking services will be interrupted for four days starting from March 22 and March 23 is Bank holiday and 24-25 March is strike. Due to this banking services like clearing house, cash transaction, remittances, ad
In a social media post on X, DGP Punjab Police wrote, "Zero Tolerance for Drug Financing! In a decisive crackdown on drug networks, Amritsar Rural Police apprehends two Hawala operators, Sukhjit Singh & Ranbir Singh, who were facilitating illegal financial transactions linked to drug
Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE, has partnered with Mastercard to launch "Jaywan - Mastercard" co-badged debit and prepaid cards. The new cards will enhance digital payments in the UAE by offering secure and seamless transactions, including e-commerce
Bangalore (Karnataka) [India], March 13: Today, one of the co-founders of Infosys, S.D. Shibulal announced that an inter family transaction of Infosys holding was executed between the family members as a block deal to balance their portfolio.