Paytm Payments Bank led digital transactions in July: Report
The bank has also on-boarded almost 1 million rural merchants in the same period.
India to see M&A deals worth $52 bn in 2019
A new report by Baker McKenzie has predicted India M&A to remain stable in the next few years, wi...
Trai defers implementation of new MNP rules indefinitely
TRAI said the earlier indicated timeline for the revised MNP process “cannot be adhered to due to some technical issues” at the telco and MNP service providers ends, which is why, “the implementation date needs to be postponed,” adding that the "exact data would be notified in due course”.
Beware! North Korean hackers are watching your ATM transactions
Lazarus group, controlled by North Korea's primary intelligence bureau, is behind this malware affecting ATM machines.
UPI transactions top 900 million in August
July saw 822 million transactions; use may touch 1 billion in the upcoming festival months.
Thomas Cook tanks 8% amid reports of suspicious transactions
MCA’s Western Regional Director has commenced inspection of Thomas Cook.
‘Banks can’t recover money lost in fraud from customer’
As per SARFAESI Act, a bank can decide the liability and does not have to approach a court or tribunal to enforce any security interest created in its favour.
RBI clarifies on free ATM transactions
Failed transactions, non-cash swipes at ATMs shouldn't be counted as part of free transactions, RBI has said.
RBI asks banks not to count failed transactions, balance enquiry as 'free ATM transactions'
Banks provide certain number of free transactions at ATMs to their customers and beyond that impose charges.
Death blow! CTT dries up F&O volumes by 60% in 6 years
The commodity market expanded 50 times in a span of five years to Rs 33.75L cr in 2007.
Rs 10.5 crore cash missing from PMC records: Bank's internal investigation team
A new revelation has added big twist to PMC fraud. The bank learned of the missing Rs 10.5 crore cash only while the internal inquiry into the bank's financial transactions was being conducted on the orders of an RBI-appointed administrator.
SEBI voices concern over related party transactions
The capital markets regulator also said another means of such diversion was extension of loans.
Related Party Transactions less than 1% of total revenues: IndiGo
This is the first time that IndiGo has officially clarified on the matter that has led to rift between its two promoters - Rahul Bhatia and Rakesh Gangwal.
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