Not complying with KYC updation requests can lead to your bank account getting partially frozen - which affects debit transactions - and subsequently shut down completely.

Discoms of Uttar Pradesh, Maharashtra, Telangana, Andhra Pradesh, Karnataka, Delhi and Tamil Nadu owe the major portion of dues to the power generating companies.

Rural and small town India was deprived of the benefits of banking innovations for decades. UPI, with its fast spread and ease of use and adaptability, is breaking the digital divide between India and Bharat.

The government plans to make all electricity meters smart prepaid in three years in a bid to cut transmission and distribution losses

India's conventional power sector is gaining from rise in demand, but a host of issues, especially financial health of discoms, remain a cause for concern.