The IPPB, which is currently running pilot services in Raipur and Ranchi, needs a go-ahead from RBI for the software used for system integration
Here are some features you should be looking out for if you want to opt for a business loan...
FY17 GDP growth faces cash crunch heat
Banks, ATMs and quite a few markets were kept open on Sunday while 2.5 lakh sacrificial goats have been made available in the Kashmir valley to help citizens celebrate Eid-ul-Azha with traditional fervour.
Panic-stricken customers of Global Trust Bank continued to throng its seven branches across the capital since early morning to withdraw cash, even as the bank officials said the GTB had enough liquidity to pay the account-holders.
Batting legend Brian Lara has backed West Indies cricket to survive the current crisis arising out of the team's abrupt withdrawal from the India tour over a pay dispute with its board and players' association.
Through this mobile application, the handset will be used for authenticating biometrics of customers making Aadhaar enabled payment.
"The Hockey India League made a big difference. It played an important role in the re-development of hockey in India," he said.
Under the Goods and Services Tax, effective midnight of June 30, most of the financial services would attract a higher tax of 18 per cent as against 15 per cent as of now.
Not declaring the black money under the scheme now, but showing it as income in the tax return form would lead to a total levy of 77.25 per cent in taxes and penalty. In case the disclosure is not made either using the scheme or in return, a further 10 per cent penalty on tax will be levied followed by prosecution.
The recently approved government scheme provides both liquidity and returns.
Readers share their good and bad ATM experiences.
The Code on Social Security, 2020 gives a lot of comfort to gig firms which recognise cab drivers or food delivery executives as 'independent contractors' who directly do business with customers with the help of their digitised platforms.
Cash-strapped Pakistan on Tuesday moved closer to securing a massive $11 billion economic bailout package from international donor agencies including the IMF, to revive the ailing national economy.
GPS devices will enable real-time money transactions
Multi-currency pre-paid cards are a good option while travelling abroad.
PAC summons RBI Governor Urjit Patel, Finance Secretary Ashok Lavasa and Economic Affairs Secretary Shaktikanta Das.
The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) -- a gauge of manufacturing performance -- fell to 52.3, down from October's 22-month high of 54.4.
The Hyderabad police has released images of woman who was robbed at an ATM centre in Hyderabad's Yosufguda area.
State Bank of India has entered into an alliance with HDFC Bank for sharing ATM networks to be operationalised from February 3 this year.
Going ahead, the likely implementation of the goods and services tax bill in July and how the monsoons play out will have a bearing on India's demand for gold and gold jewellery
The situation in Greece worsened with banks closed for a 2nd week.
While GST and insolvency laws are among the major achievements of the Modi government, the list of failures include demonetisation, toxic banks, manufacturing hiccups and most prominently bizarre job creation figures. Mihir S Sharma takes a look at the four years of Modi government.
Most of the 30-Sensex constituents led by M&M, Adani Ports, BhartiAirtel, Bajaj Auto, Hero MotoCorp, ICICI Bank, Sun Pharma, Cipla, HDFC Ltd, ONGC and Hind Unilever were trading in negative terrain, falling by up to 5.77 per cent.
The alleged Hindu activists arrived and forced the man out of his car and dragged him out. They thrashed him and after stripping him, circulated the images on WhatsApp.
The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.
Calculate his monthly expenses, health care spending, how much funds will he need once he retires, and whether his current savings and investments will enable him to manage his lifestyle through retirement, suggests Ashok Kumar E R, CEO and co-founder, Scripbox.
Shah also mocked the Congress vice-president for "going to a bank in a Rs-4 crore car to exchange Rs 4,000".
SpiceJet was forced to ground its fleet and cancel hundreds of its flights in December.
The reimposition of sanctions on Iran will have major impact on countries like India, with which it has traditional and historic trade relationship.
Officials said that taxmen visited seven locations in Bengaluru and three in Hyderabad of those event management companies which were given contracts to give a blockbuster look for the wedding of Bramhani last week.
The SCA Stadium has seen largely empty stands on the first three days of the opening match of a five-Test series between India and England and local organisers blame it on the cash crunch.
'During the lockdown if you terminate your employee, then you will face action under the NDMA.' 'This will be the first time something like this will happen in the history of India.'
A Malaysian bank officer and her husband have been arrested and a hunt is on for a Pakistani man for allegedly stealing over USD 30,000 from the accounts of 4 passengers aboard the missing airliner MH370.
Find out if you do these 6 things to become one
Besides Budget, markets will be driven by global events and the outcome of assembly elections.
'Part A of the Budget was like it was written by somebody from the 21st century and Part B was written by somebody from the 19th century.'
For those who are sceptical about using debit or credit cards, even when faced with cash crunch, Adhil Shetty, CEO of BankBazaar.com, lists out a few safe cashless options that can be exercised through mobile phones.
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