Prime Minister Narendra Modi urges greater digital transactions
Prime Minister Narendra Modi on Tuesday urged the nation, especially the youth, to adopt the digital platform for their money transactions.
Aug 15, 2017, 11:24 AM IST
NPCI hits 1 billion transaction mark in July
He said highest growth has been seen in the mobile payments and Aadhaar-based payments.
Aug 04, 2017, 16:14 PM IST
HDFC, ICICI and other banks start charging Rs 150 after four free transactions a month
In a bid to discourage cash transactions, from March 1, customers carrying out financial transactions at HDFC, ICICI and certain other bank branches will have to pay a fee if the number of transactions exceed beyond four.
Mar 01, 2017, 23:59 PM IST
Post-demonetisation, IT unearths one of the largest black money scam
The demonetisation move by the government appears to achieving its true purpose with the Income Tax department unearthing one of the largest black money scam post the note ban.
Jan 27, 2017, 22:43 PM IST
RBI relaxes norms for online card transactions up to Rs 2,000
In a bid to speed up small value online transactions, the RBI today relaxed norms for additional factor of authentication (AFA) for payments up to Rs 2,000.
Dec 06, 2016, 23:45 PM IST
Pensioners a/c not to have more than 14 transactions a year
The Reserve Bank Thursday directed banks that a pensioner's account should not exceed more than 14 credit transactions in a calender year for retirement and arrear payments.
Jan 21, 2016, 21:15 PM IST
PAN must for Rs 50K cash to settle hotel bills, foreign airfare and Rs 2 lakh transaction
Quoting PAN will be mandatory from January 1 for cash payment made to settle hotels bills or for buying foreign travel tickets of Rs 50,000 as the government tightened disclosure norms to check generation of domestic black money.
Dec 15, 2015, 22:13 PM IST
Digital payments worth Rs 12,599 cr made in April-July: Report
Increasing Internet penetration and financial inclusion initiatives by government have helped digital transactions, including those on mobile wallets, touch Rs 12,599 crore in April-July 2015, a report said Wednesday.
Oct 14, 2015, 20:30 PM IST
RBI increases cap on Rupee drawing arrangements 3 times
The Reserve Bank Thursday increased the cap on rupee drawing arrangements in trade-related remittances by three times to Rs 15,00,000 per transaction, with immediate effect.
May 21, 2015, 23:59 PM IST
BSE revises equity transaction charges
Leading stock exchange BSE has decided to revise the transaction charges for trading on the equity segment, beginning September this year.
Aug 18, 2014, 18:30 PM IST
