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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.
PhonePe clocks 335 million transactions in July
PhonePe’s TPV run-rate has grown nearly 5X in the past year, since crossing the $20Bn mark in...
How to safeguard your banking transactions
One should always use the hovering digital keyboard to key in login details instead of the compute...
RBI allows recurring transactions upto Rs 2,000 on cards
This has been done keeping in view the changing payment needs and the requirement to balance the safety and security of card transactions with customer convenience.
Property transaction in Mysuru: IT officials seize Rs 5.75 crore in cash
The department officials said this was also the highest cash haul from a single premises in Mysuru.
IndiGo crisis: Understanding related party transactions
While there are a few contentious issues on which Gangwal and Bhatia disagree, one of the main reasons for their public fallout has been over related party transactions.
Consider steps to reduce transaction cost, improve ease of doing biz: Commodity market players to FM
CPAI is the apex pan-India association of participants in commodity exchanges and commodity derivative segments.
UPI transactions up 9% month-on-month in July to 822 million
As per the latest statistics shared by the NPCI, UPI transactions crossed 800 million during the month, up from 754 million in June, after coming close in March with 799 million.
RuPay clocks 1 billion transactions, surpasses debit cards in usage
RuPay transactions had risen 135% in fiscal year 2018, compared to the previous year.
Grant Thornton alleges lapses in IL&FS’s transactions with client
In an interim report, Grant Thornton said it identified 65 instances where intraday benefits totalling Rs 2,417.87 crore were extended to AFSPL, thereby increasing the risk for ISSL.
Transact round the clock: NEFT timings to change from December, RBI announces
Currently, the channel can only be used between 8am to 7pm on working days.
RTGS system for customer transactions to open at 7 am from August 26: RBI
At present, the RTGS system is available for customer transactions from 0800 hours to 1800 hours and for inter-bank transactions from 0800 hours to 1945 hours.
UPI transactions up 9% month-on-month in July to 822 million
As per the latest statistics shared by the NPCI, UPI transactions crossed 800 million during the month, up from 754 million in June, after coming close in March with 799 million.
BSE Star MF processes 43.55 lakh transactions in July
"The previous best was 42.50 lakh transactions in April 2019," the exchange said.
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