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Paytm bank rolls out the goodies on launch

Targeting 500 million customers by 2020, digital payments firm Paytm on Tuesday launched its payments bank with 4 per cent interest rate and cashbacks on deposits, zero fees on online transactions......

Digital banking and its 4 BIG issues

Digital services work best when the seller designs a system where default options are designed to help the buyer, says Debashis Basu. Prime Minister Narendra Modi’s ambitious vision is to see......

Centre limits charges on electronic fund transfer

In order to encourage digital transactions, the Union finance ministry on Wednesday asked public sector banks to restrict fees on payments through Immediate Payment Service and Unified Payment......

Demonetisation: Centre increases limits on note exchange, withdrawal

The Central government has asked banks to raise daily exchange limit of old Rs 500 and Rs 1,000 notes to Rs 4,500 from the existing Rs 4,000. ATM cash withdrawal limit has also been increased to Rs......

I-T refunds worth Rs 1.22 lakh cr issued in FY'16

In 2015-16, more than 94 per cent of income tax returns were filed online and 4.14 crore returns were processed by the Central Processing Centre. The Income Tax department has issued 2.10 crore......

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