The National Payments Corporation of India has introduced a 0.4% Merchant Discount Rate on UPI person-to-merchant transactions above Rs 2,000, effective from October 15, 2026. Customers will not pay the charge directly.…
The government has barred banks and payment system providers from charging fees on Unified Payments Interface (UPI) transactions up to Rs 2,000 and RuPay debit card payments, under a notification issued on…
Afcons Infrastructure shares surged up to 19.23% on 15 September after four straight sessions of decline, as hopes of a Tata Sons public listing boosted investor sentiment. The stock touched an intraday…
The central government has barred banks and payment providers from charging any fee on UPI transactions up to Rs 2,000, citing Section 10A of the Payment and Settlement Systems Act 2007. The…
The National Payments Corporation of India (NPCI) launched two new UPI features at the Global Fintech Fest 2026 in Mumbai on Thursday, with RBI Governor Sanjay Malhotra present. The 'Tap & Pay'…
India on Monday notified changes to the Payment and Settlement Act, 2007, barring banks from imposing any direct or indirect charges on Unified Payments Interface (UPI) transactions and RuPay-powered debit card payments…
The government has notified that no bank or system provider shall impose any direct or indirect charge on Unified Payments Interface (UPI) transactions up to Rs 2,000 and on RuPay debit card…
India's wholesale price index-based inflation rose to 9.92% in August, from 9.78% in July, driven by higher prices of food, fuel, and manufactured items, government data showed on Monday. The Commerce and…
The Reserve Bank of India has rejected Tata Sons' application to surrender its registration as a non-banking financial company, forcing the group's holding company toward a mandatory public listing. In a letter…
Thrissur-based ESAF Small Finance Bank plans to go live with Credit Line on UPI (CLOU) by the first quarter of fiscal 2028, Executive Director George Kalaparambil John told ETBFSI. The bank has…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.