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Icici Merchant Services

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IPO Boom Faces Reality Check Amid Market Volatility

More than a third of 83 mainboard IPOs this year ended their debut sessions in the red, with losses of up to 35 per cent. Illustration: Dominic Xavier/Rediff Primary market performance hinges on......

Can UPI Stay Free Forever?

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording......

Banks Struggle to Regain Deposits

Privately, many bankers admit their immediate goal is not growth but slowing the erosion of Casa deposits, reveals Tamal Bandyopadhyay. Kindly note the image has only been published for......

Why exactly did ICICI Bank block PhonePe?

ICICI Bank says it blocked all UPI transactions made through PhonePe due to security concerns. Flipkart-owned PhonePe said it had not received any official complaint from either ICICI Bank or the......

UPI credit line: NPCI may go easy on interchange fee

To increase the adoption of credit on United Payments Interface (UPI), National Payments Corporation of India (NPCI) is looking at an interchange fee for transactions lower than that for a......

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