Fintech
No Plans to Impose GST on UPI Payments Over ₹2,000, Clarifies Government
The Government has firmly denied reports suggesting that Unified Payments Interface (UPI) transactions exceeding ₹2,000 might attract Goods and Services...
RBI Imposes Monetary Penalties on Kotak Mahindra Bank, IDFC First Bank, and Punjab National Bank for Regulatory Non-Compliance
The Reserve Bank of India (RBI) has imposed monetary penalties on three prominent banks — Kotak Mahindra Bank, IDFC First...
PB Fintech Subsidiary PB Pay Secures RBI’s In-Principle Nod for Payment Aggregator License
PB Fintech Limited, the parent company of Policybazaar and Paisabazaar, has announced that its wholly owned subsidiary, PB Pay Private...
RBI Grants NPCI Flexibility to Revise UPI Limits in Latest Monetary Policy Update
In a significant move to support innovation and flexibility in India’s fast-evolving digital payments landscape, the Reserve Bank of India...
India Launches First Digital Threat Report 2024 to Strengthen Cybersecurity in BFSI Sector
In a major step towards securing the country’s digital financial infrastructure, the Ministry of Electronics and Information Technology (MeitY) and...
Paytm Unveils MahaKumbh Soundbox with Display for Instant Payment Alerts and Live Transaction Count
Paytm has launched the MahaKumbh Soundbox, its latest 4G-enabled payment device featuring a digital display and real-time transaction updates for...
Scapia Secures $40 Million in Series B Funding to Boost AI and Product Development
Scapia, a travel fintech company, has raised $40 million in Series B funding, led by Peak XV Partners. Existing investors...
Paytm Travel Launches Travel Pass with Free Cancellations, Insurance, and Seat Discounts
Paytm Travel has launched the Paytm Travel Pass, a subscription-based service priced at ₹1,299, offering free flight cancellations, travel insurance,...
NBSL Launches BHIM 3.0 with Enhanced Features for Users, New Offerings for Businesses and Banks
NPCI BHIM Services Limited (NBSL), a subsidiary of the National Payments Corporation of India (NPCI), has launched Bharat Interface for...
Cabinet Approves ₹1,500 Cr Incentive Scheme to Promote Low-Value BHIM-UPI Transactions
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved an incentive scheme to promote small-value BHIM-UPI transactions between...
© 2024 Finclusion