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Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

RBI issues card payments tokenisation guidelines

Based on risk perception, card issuers may decide whether to allow cards issued by them to be registered by a token...

9 Jan 2019 10:28 AM IST

File image of a man counting cash at a petrol pump.

Oil companies to end discount on digital payment at petrol pumps

The government started providing a discount of 0.75 per cent on fuel purchase through digital payment.

21 Sept 2018 1:54 PM IST

Indian businesses have been badly hit with buyers and sellers left with very little cash following the demonetisation. (Photo: PTI)

Note ban: RBI doubles monthly limit for e-wallets

The Reserve Bank of India also said merchants can transfer up to 50,000 rupees per month.

23 Nov 2016 8:09 AM IST

Prior to the December 1 price change, rates were hiked by Rs 1.46 a litre in the case of petrol and Rs 1.53 per litre for diesel, excluding local levies, on November 16.

Banks, oil companies to bear card payment charges at petrol pumps:...

MDR is a charge levied on merchants by banks for accepting payments through credit and debit cards.

12 Jan 2017 5:51 PM IST

Seeing the gravity of the impending crisis, the banks rolled back the announcement and exempted such payments from 1 per cent levy.

Govt says OMCs agree to bear MDR charges

This comes a day after banks announced 1 per cent surcharge on debit/credit cards payments .

9 Jan 2017 3:04 PM IST