Trade Analytics

Indian Economy News, Latest News on Indian Economy, Today, Current

Sort by:

RBI proposes lower MDR from April 1 to keep digi-pay momentum Mumbai: The Reserve Bank of India (RBI) has proposed to keep merchant discount rate (MDR) for debit-card transactions on the basis of merchant turnover instead of the present transaction value-based slab rate, with the purpose to encourage greater us...

Business Standard February 17, 2017

NPCI expects all public sector banks to join BHIM by February-end New Delhi: The National Payments Corporation of India (NPCI) plans to integrate all public sector banks (PSBs) to the usage of Bharat Interface for Money (BHIM) app by end of February 2017, with 37 banks already integrated so far, and remaining 7 ban...

Livemint February 08, 2017

Ujjivan Financial Services launches small finance bank Bengaluru: Microfinance firm Ujjivan Financial Services Ltd has announced starting of banking services across its branches under the name of Ujjivan Small Finance Bank Ltd, thus becoming the largest among five small banks which are scheduled to start...

Livemint February 07, 2017

Budget 2017: Arun Jaitley pushes for a cashless economy New Delhi: Finance Minister Mr Arun Jaitley has proposed various measures to quicken India's transition to a cashless economy, including a ban on cash transactions over Rs 300,000 (US$ 4,435), tax incentives for creation of a cashless infrastruc...

Livemint February 02, 2017

ATM cash withdrawal limit eased further Mumbai/New Delhi: The Reserve Bank of India (RBI) has removed withdrawal restrictions on current, cash credit and overdraft accounts, thereby allowing savings account holders to withdraw up to Rs 24,000 (US$ 353) at one go....

Business Standard January 31, 2017
 1 2 3 4 5 6 7 8 9 NEXT >  LAST >>