Indian Bank Operation
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Missiles Fly In Iran But Indian Markets Rally? History Tells A Surprising Story
Sectorally, oil marketing companies, aviation and logistics may feel near-term pain. Rate-sensitive segments such as banks and discretionary consumption could wobble if elevated oil delays rate cuts.
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After Service Disruptions, ICICI, Axis Banks Look To Move Away From DreamFolks: Report
Major Indian banks and card networks, including ICICI Bank, Axis Bank, and Mastercard, are looking to move away from aggregator DreamFolks Services Ltd to establish direct partnerships with airport lounge operators, and others also may follow suit, s
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ED Uncovers Rs. 600 Crore Crypto Fraud, Seizes Rs. 2.18 Crore in Search Operations
The probe was initiated following a newspaper report highlighting the case of Chirag Tomar, an Indian national currently serving a prison sentence in the US for defrauding over $20 million (roughly Rs. 174 crore) from hundreds of victims.
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Dubai-Based ByBit Adds Support for eRupee CBDC Following Feedback from Indian Merchants
ByBit, the crypto exchange based in Dubai, said it has received multiple requests from Indian merchants urging support for eRupee transactions. This eRupee feature for ByBit’s P2P transactions will let merchants accept payments in the form of the eRupee, reducing the risk of their bank accounts being targeted by cybercriminals.
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Inclusion Into Startup Initiatives, Risk Mitigating Policies: BWA Lists Web3 Needs for Upcoming Government
The BWA, in a recent announcement, listed some immediate steps that the upcoming government could consider aiming to grow the blockchain-based sector. Providing escrow accounts and banking services for owners of Web3 businesses, allowing offsetting of losses, and reducing the one percent TDS tax law to 0.01 percent are among suggestions given by th...
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Google Wallet Play Store Listing Hints at Imminent India Launch, to Work Alongside Google Pay: Report
Google Wallet India launch could take place soon with support for local integrations, according to a report. The company's Google Wallet app was recently listed on the Play Store in India, with screenshots that show support for local integrations. While Google later removed these screenshots showing Indian banks, airlines and other services that of...
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Paytm Gets Third-Party UPI App License From NPCI as Payments Bank Ceases Operations
Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country's payments authority, which will enable it to facilitate payments after its banking unit ceases operations.
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Paytm Payments Bank Said to Cut About 20 Percent of Staff as Business Halt Looms
Indian digital payments firm Paytm plans to cut close to 20 percent of staff at its banking unit amid uncertainty over the unit's future due to a looming central bank deadline for it to halt most operations, two sources said.
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RBI Permits Banks To Open Current Accounts For Export Proceeds In Addition To Special Rupee Vostro Accounts
India has been trying to promote rupee trade following the Russia-Ukraine war and the sanctions imposed by the West.
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BRICS Bank Aims To Issue First Indian Rupee Bond By October
The development bank founded by the so-called BRICS countries is planning to issue its first Indian rupee bond by October, its chief operating officer said on Monday, as the lender comes under pressure to raise and lend more in local currencies.
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Missiles Fly In Iran But Indian Markets Rally? History Tells A Surprising Story
Sectorally, oil marketing companies, aviation and logistics may feel near-term pain. Rate-sensitive segments such as banks and discretionary consumption could wobble if elevated oil delays rate cuts.
-
After Service Disruptions, ICICI, Axis Banks Look To Move Away From DreamFolks: Report
Major Indian banks and card networks, including ICICI Bank, Axis Bank, and Mastercard, are looking to move away from aggregator DreamFolks Services Ltd to establish direct partnerships with airport lounge operators, and others also may follow suit, s
-
ED Uncovers Rs. 600 Crore Crypto Fraud, Seizes Rs. 2.18 Crore in Search Operations
The probe was initiated following a newspaper report highlighting the case of Chirag Tomar, an Indian national currently serving a prison sentence in the US for defrauding over $20 million (roughly Rs. 174 crore) from hundreds of victims.
-
Dubai-Based ByBit Adds Support for eRupee CBDC Following Feedback from Indian Merchants
ByBit, the crypto exchange based in Dubai, said it has received multiple requests from Indian merchants urging support for eRupee transactions. This eRupee feature for ByBit’s P2P transactions will let merchants accept payments in the form of the eRupee, reducing the risk of their bank accounts being targeted by cybercriminals.
-
Inclusion Into Startup Initiatives, Risk Mitigating Policies: BWA Lists Web3 Needs for Upcoming Government
The BWA, in a recent announcement, listed some immediate steps that the upcoming government could consider aiming to grow the blockchain-based sector. Providing escrow accounts and banking services for owners of Web3 businesses, allowing offsetting of losses, and reducing the one percent TDS tax law to 0.01 percent are among suggestions given by th...
-
Google Wallet Play Store Listing Hints at Imminent India Launch, to Work Alongside Google Pay: Report
Google Wallet India launch could take place soon with support for local integrations, according to a report. The company's Google Wallet app was recently listed on the Play Store in India, with screenshots that show support for local integrations. While Google later removed these screenshots showing Indian banks, airlines and other services that of...
-
Paytm Gets Third-Party UPI App License From NPCI as Payments Bank Ceases Operations
Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country's payments authority, which will enable it to facilitate payments after its banking unit ceases operations.
-
Paytm Payments Bank Said to Cut About 20 Percent of Staff as Business Halt Looms
Indian digital payments firm Paytm plans to cut close to 20 percent of staff at its banking unit amid uncertainty over the unit's future due to a looming central bank deadline for it to halt most operations, two sources said.
-
RBI Permits Banks To Open Current Accounts For Export Proceeds In Addition To Special Rupee Vostro Accounts
India has been trying to promote rupee trade following the Russia-Ukraine war and the sanctions imposed by the West.
-
BRICS Bank Aims To Issue First Indian Rupee Bond By October
The development bank founded by the so-called BRICS countries is planning to issue its first Indian rupee bond by October, its chief operating officer said on Monday, as the lender comes under pressure to raise and lend more in local currencies.
