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There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Report bank fraud in 3 days, suffer no losses: RBI

RBI said revised directions are being issued amidst recent surge in customer grievances due to fraudulent transactions,

7 July 2017 10:06 AM IST

Based on the consultative paper and the comments received thereon, the Sebi board today approved the proposal to amend Listing Regulations.

Sebi cuts broker fees by 25 pc to Rs 15 per transaction

Sebi will levy a filing fees on draft scheme of arrangements on lines of amount charged for placing offer documents.

14 Jan 2017 6:11 PM IST

Pay with NPCI's BHIM app as it hits 16 million download high

BHIM App is a common platform across the nation for making simple, easy and quick payments.

24 July 2017 4:43 PM IST

The need for a mode for digital payments has forced people to open bank accounts, opt for smart cards and even get on to the internet with and take help from digital payment apps to ease out the payment modes.

Digital transactions declining since March

Number of digital transactions has come down from 119.07 crore in March 2017 to 118.01 crore in April.

19 July 2017 6:36 PM IST

Mobikwik was among the first companies to launch a mobile wallet in the country in 2009.

Mobikwik offers zero surcharge for gas, petrol pump payments

The adoption of digital payments is observing record growth post demonetisation and even though the cash situation is...

10 Jan 2017 6:35 PM IST

As per estimates, only 5 per cent Indians use digital payment modes.

RBI gives approval to NPCI to operate Bharat Bill Payment System

Almost after a year of running BBPS on pilot basis, NPCI has now received the final clearance from RBI.

28 July 2017 8:27 PM IST

Amazon, which had a total of 306,800 full-time and part-time employees globally at the end of September, hired a total of 123,700 globally during the 15 months ended in September.

Amazon Pay bonanza: Get 10 per cent cash-back on returned items

It is also offering Rs 100 cash-back as Amazon Pay balance, on a bill of Rs 700 for first-time users.

27 July 2017 1:31 PM IST

With all security measures in place, we Indians can peacefully say, OK Google, send some money to my brother.

Can Google Assistant be trusted to send money?

The upcoming addition to Google Assistant looks promising. Will it work in a country like India?

20 May 2017 9:34 PM IST

Indian Railways incurs a whopping Rs 33,000 crore towards paying subsidy on passenger fares.

Railways offers discount on ticket booking if payment made digitally

Railways decided 0.5 per cent discount on base fare of season tickets if the payment is made through digital means like...

30 Dec 2016 8:03 PM IST

As per estimates, only 5 per cent Indians use digital payment modes.

Notes ban: Digital payment channels see huge traction

Cheque-based transactions were up 67 per cent to 51 lakh, with Rs 27,032 crore worth of transactions on December 23,...

30 Dec 2016 4:27 PM IST

Governments surprise move to demonetise high denomination notes last month made a huge dent in retailers earnings, with sales falling by up to 70 per cent in early days. (Representational image)

Retailers take on online biggies, eye consolidation in 2017

Demonetisation has opened up a host of opportunities for innovative partnerships between digital wallets and retailers.

29 Dec 2016 1:15 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI partners Coca-Cola to promote digital payment

The digital payment solutions in business transactions will help further strengthen our retail chain.

5 Jan 2017 9:29 AM IST