Demonetisation: SBI waives merchant discount rate on Master, Visa debit cards
After RuPay debit cards, State Bank of India (SBI) waived off merchant discount rate (MDR) on Master and Visa debit cards. This is being done to promote digital transactions.
Nov 24, 2016, 21:48 PM IST
PM Narendra Modi calls for country to move towards cashless society
Renewing calls for India to move towards a "cashless society", Prime Minister Narendra Modi on Sunday said this was essential to curb black money in the country.
May 22, 2016, 17:08 PM IST
RuPay card to soon overtake Visa-Master cards in India?
It is interesting to note that, of the 580 million debit cards used in India, 190 million are said to be RuPay card, a huge achievement for a year old card.
Aug 19, 2015, 17:12 PM IST
Deposits worth about Rs 21K crore mobilised under PMJDY
Banks have mobilised deposits worth close to Rs 21,000 crore from the accounts opened under the Pradhan Mantri Jan Dhan Yojana, the Finance Ministry said Wednesday.
Aug 12, 2015, 19:59 PM IST
Virtual form of RuPay card on anvil
After launching the RuPay debit card, National Payments Corp (NPCI) is set to come out with its virtual form in the next few months, a move that will give further push to smartphone-based transactions.
Feb 18, 2015, 22:53 PM IST
Rajan softens stance on Jan Dhan, says its a welcome scheme
The RBI governor had earlier cautioned the banks on the risks involved in just hunting for numbers, asking them not to compromise on core objectives of the programme.
Sep 30, 2014, 14:03 PM IST
No need to open another bank account to get Jan Dhan benefits
People who do not have officially valid documents or aadhaar numbers can still get bank accounts opened by submitting two copies of signed photographs at the bank branch; 4.18 crore accounts opened as on date under PMJDY.
Sep 23, 2014, 13:04 PM IST
PM Modi launches Jan Dhan Yojana, aims to end financial untouchability
On the inaugural day, a record 1.5 crore bank accounts were opened across the country, the largest such exercise on a single day possibly anywhere in the world.
Aug 28, 2014, 22:45 PM IST
PM to launch Jan Dhan Yojana on Aug 28; 1 crore bank A/Cs on day 1
The government plans a mega launch of the Pradhan Mantri Jan Dhan Yojana (PMJDY) by Prime Minister Narendra Modi on August 28, which is likely to see opening of one crore bank accounts on the first day itself.
Aug 26, 2014, 20:00 PM IST
