Subrata Panda

Experts say they may now be slightly better placed as customers looking for tax-free returns under Rs 5 lakh investment a year may now choose their guaranteed products

"We expect the portal to be ready in 3-4 months," said M Rajeshwar Rao, deputy governor, RBI

This new feature could be seen as a substitute for credit card, which has limited reach, experts say

The stakeholders on either side are getting adjusted to it, said RBI Governor Shaktikanta Das

Central bank proposal could strengthen digital lending and buy now pay later businesses, says one expert

RBI governor makes it clear that if required, MPC could hike rates in future meetings

This is the highest in a three-month period since merger announcement with HDFC Ltd

Unlisted life players may rack up a commission war to gain market share

The lenders' CASA deposits grew by 11.3% to Rs 8.03 trillion

Says banks have a role to play by making finance available to incentivise sustainable initiatives

UPI transactions in March 2023 were over 60 per cent and 46 per cent higher in volume and value terms from the year-ago period, according to NPCI

What changes: Tax on proceeds from high-value insurance policies, higher tax on debt MFs and more

The NPCI quickly clarified that the circular was only pertaining to PPI-based merchant transactions on UPI and the basic UPI transactions remain completely free

Paytm set to gain from interchange fee for merchant payment via wallets on UPI platform

Govt gives nod to Irdai rules on payment of commissions for intermediaries

In a Q&A, the MD & CEO of the firm dwells on its business model and the focus on retail assets to drive volume, going forward

Bankers said the decision won't deter them from marking an account as fraudulent

The figure in FY22 was the highest ever in any financial year

This is because UBS had surrendered its bank licence about a decade back after the banking regulator denied its request to offer wealth management services

HDFC Bank expects merger to be completed by July this year