IndusInd Bank Launches IndusInd Bank Platinum RuPay Credit Card on UPI IndusInd Bank recently introduced its latest offering, the IndusInd Bank Platinum RuPay Credit Card on the Unified Payments Interface (UPI) platform. This initiative aims to revolutionize digital payments by leveraging the convenience of UPI along with the benefits of a credit card. This innovative…
PayGlocal Receives In-Principle Approval from RBI for Payment Aggregator License The Reserve Bank of India (RBI) has granted an in-principle approval to PayGlocal for obtaining a Payment Aggregator License. This significant development in the financial sector holds vital importance, especially for aspirants preparing for various government exams. In this article, we will discuss why this…
GST Council Clears Measures to Boost Foreign Trade The Goods and Services Tax (GST) Council recently announced a series of measures aimed at boosting foreign trade and facilitating the ease of doing business in India. These decisions come at a crucial time when the global economy is undergoing significant changes due to the ongoing pandemic….
Profound Insights into the Journey of Paytm Founder: Vijay Shekhar Sharma Vijay Shekhar Sharma, the visionary entrepreneur behind Paytm, has not only redefined the digital payment landscape in India but has also become an inspiration for countless aspirants preparing for government exams, including Civil Services, Banking, and more. In this article, we delve into the…
RBI and NPCI Introduce Credit Lines on UPI Conversational Payments In recent developments in the financial sector of India, the Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI) have introduced a significant change that is set to revolutionize digital payments. This move involves the introduction of credit lines on UPI…
India Launches Hello UPI and Bharat BillPay Connect for Conversational Payments In a significant development in the realm of digital payments, India has taken yet another step forward to enhance its fintech ecosystem. The recent launch of “Hello UPI” and “Bharat BillPay Connect” marks a noteworthy stride in the direction of conversational payments. This move…
India’s First UPI ATM: How Will It Be Different from Cardless Cash Withdrawals? In recent news, India has achieved yet another milestone in its quest for a digital and cashless economy with the introduction of the country’s first UPI (Unified Payments Interface) ATM. This innovative step promises to revolutionize the way people access cash and…
RBI Allows Pre-Sanctioned Credit Lines Through UPI The Reserve Bank of India (RBI) has recently introduced a groundbreaking initiative that promises to revolutionize the way credit lines are accessed and utilized in the country. In a move that will have far-reaching implications for various competitive exams, including those for positions such as teachers, police officers,…
UPI Records Landmark 10 Billion Monthly Transactions in India The Unified Payments Interface (UPI) in India has achieved a remarkable milestone, with a record-breaking 10 billion monthly transactions. This accomplishment underscores the ever-growing digitalization and the widespread adoption of digital payment methods in the country. In this article, we will delve into why this news…
RBI Raises Offline Payment Transaction Upper Limit to ₹500 from ₹200 In a significant move aimed at promoting digital transactions and reducing the reliance on cash in India, the Reserve Bank of India (RBI) has recently increased the offline payment transaction upper limit to ₹500 from ₹200. This decision comes as a part of RBI’s…
