With the government unwilling to foot the bill on digital transactions and no viable business model for banks, there are no incentives for banks to maintain the UPI infrastructure

The earlier limit was Rs 1 lakh. This decision has been taken to enhance financial inclusion. The apex bank's announcement comes over a long-standing demand of the payments bank sector

A consumer-friendly regulator has to solve all consumer issues regarding any of their industry brands - irrespective of their scale of business

Stock Market News Update Today: Tech Mahindra, Tata Consultancy Services, Sun Pharmaceutical Industries, Dr. Reddy's Laboratories and Infosys were among notable gainers, while IndusInd Bank, Power Grid Corporation of India, ICICI Bank, HDFC Bank, Axis Bank, Reliance Industries were among top losers

PhonePe was closely followed by Google Pay with 827.86 million transactions involving Rs 1,74,455.33 crore, Paytm Payments Bank stood a distant third with 340.71 million transactions worth Rs 38,493.52 crore

Paytm founder and Chief Executive Officer Vijay Shekhar Sharma said the company sees the NUE system to play out as a great opportunity for payments in the country

Share market gainers today: 6 stocks that rose the most on March 9: Kotak Mahindra Bank, HDFC Bank, HDFC, Tech Mahindra, ICICI Bank, Bajaj Finance emerged as top gainers on BSE and NSE

Stock Market Updates Today: Kotak Mahindra Bank, HDFC Bank, ICICI Bank, HDFC, Bajaj Finance, Axis Bank, M&M were among top gainers, while ONGC, Power Grid Corporation, Dr. Reddy's Laboratories, NTPC and Bharti Airtel were among top laggards

From digitising employee benefits to powering Fintechs and neo-banks to providing seamless digital services, Zeta has been upping its game

Digitisation and proposed ARC for bad loans and development financial institution will help the banking industry reboot. The 25th edition of the BT-KPMG Best Bank Study brings you future ready banks and Fintechs

The New Umbrella Entity (NUE) will be jointly promoted by a Reliance unit and Infibeam Avenues Ltd's subsidiary So Hum Bharat, while Google and Facebook will hold a smaller stake in the NUE license

Requests have been received from various stakeholders including Indian Banks' Association for extending the timeline, keeping in view the COVID-19 related disruptions and inconveniences, RBI said.

Planning last-minute investments to save taxes? Here's what all you can do

Stock Market Updates Today: Sun Pharma, ITC, HDFC were trading among the top losers today while RIL, L&T, Maruti were among the top gainers

Bitcoin fell as much as 5.6% to $45,914 in Asian trading hours, after having posting a record high of $49,714.66 on Sunday

In India, the regulators and governments have been sceptical about these currencies and are apprehensive about the associated risks, says RBI

Oppo launched the Reno 5 Pro 5G and Enco X earlier this week and tomorrow they will be up for grabs in the first sale.

The 6-member working group has been formed to study digital lending in regulated as well as unregulated financial sector to devise a regulatory framework for the same

India Stock Highlights Today: Axis Bank, Reliance Industries, ONGC, M&M, ICICI Bank, Asian Paints, SBI, HUL, L&T, Titan, Infosys and TCS were among the top losers

Private equity and stressed asset funds continue to show interest in acquiring value assets undergoing insolvency proceedings despite delays and litigation