Payment aggregators have received nothing, says Vishwas Patel as RBI discussion paper starts debate
60% of such claims are from state-owned banks and other creditors, shows data on company's website
Spend on international travel accounts for 48% of total remittance
The RBI has asked for feedback and suggestions before October 3
Vibha Padalkar talks about the company's performance in Q1 and its growth plans going forward
"This process will begin in phases for our customers starting today and will be concluded by Monday," the company stated
The market regulator also set rules that will specifically be applicable to players in the stock market ecosystem joining the aggregator framework
'Vigil Aunty' will create awareness via various social media platforms
UPI charges may partially offset loss on credit card MDR
Banks change lending policy to keep up with monetary policy committee's raising repo rate
The study has found that labour cost efficiency is higher in PSBs in comparison to private banks
Banks are rushing to woo depositors with attractive rates. These deposit rates may soar further if repo rate rise to 5.75 - 6% by the end of this calendar year. So, what is in the store for investors?
"There is a need to invest more in distribution, products, and marketing", said Rau
Unicorn will be first general insurer to be listed on the bourses in five years
SBI, Bank of Baroda, Canara Bank lift rates to 6% and above
PM's Independence Day speech celebrates start-up entrepreneurs in smaller cities and towns
SBI's MCLR rate for overnight to three-month has increased to 7.35 per cent from 7.15 per cent, while six-month MCLR has increased to 7.65 per cent from 7.45 per cent
Success shows 'innovation prowess' of indigenous payment structure and fintech companies, he says
Net NPAs in the policyholders' fund saw a substantial decline to Rs 9 crore as of Q1FY23 versus Rs 194 crore in Q1FY22
Analysts have said that they will be watchful of the operational impact of the new norms, especially on customer convenience of the payment firm