Banks vs e-wallets: Who is winning in cashless India?

Mobile wallet start-ups have received the most funding - they have been using this capital to both aggressively market as well as improve the ease of using their technology. These privately funded start-ups are now threatening the banks from three sides.

Deferring GST roll out pragmatic,industry gets clarity: Experts

The consensus at the GST Council meeting on jurisdiction over assessees as well as fixing roll out date as July 1 gives industry the much-needed clarity and additional time for preparing for the indirect tax reform, experts said.

Why RBI's strategic debt restructuring scheme has turned out to be a damp squib

Another issue is confusion due to the lack of a unified law/framework to deal with the problem.

Will 'Payment banks' fulfill PM Modi's digital dream

'Payments banks' is the latest buzzword in banking circles, the next big thing, something that has the potential of giving wings to the government's ambitious financial inclusion targets.

RBI increases daily ATM withdrawal limit to Rs 10,000

Reserve Bank on Monday increased ATM withdrawal limit from existing Rs 4,500 to Rs 10,000 per day. This will be operative within the existing overall weekly limit.

Tue Jan 17 14:17:06 IST 2017
 
 
 

From The Magazine

Making Sense of 2016

The year 2016 was turbulent for the indian economy with hits and misses, surprises and disappointments galore.

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