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Explained: UPI tiered pricing | Claim rejections form majority of insurance grievances
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ETBFSI Newsletter | Saturday, March 15, 2025

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Under the proposed tiered pricing system, businesses with an annual GST-linked turnover above Rs 40 lakh may have to pay MDR, while smaller merchants ...
Maharashtra and Uttar Pradesh recorded the highest number of complaints among millennials, highlighting regional disparities in insurance redressal.
 
Banking
Housing loan penetration in eastern and northeastern India remains significantly underdeveloped compared to other regions, with eastern states holding...
Yes Bank has launched a GST payment facility, enhancing its digital banking services. The facility allows businesses to meet tax obligations quickly a...
The United Forum of Bank Unions (UFBU) confirmed a two-day nationwide strike on March 24 and 25, following unsuccessful talks with the Indian Banks' A...
On March 15, 2025, most banks in India will be open as it is the third Saturday of the month. However, banks in some states will remain closed for reg...
 
Insurance
Patanjali Ayurved will buy the insurer along with DS Group, at a valuation of Rs 4,500 crore, subject to regulatory approvals.
It is the first reinsurer to be granted registration to carry out exclusively reinsurance business in the revamped regulatory landscape, Valueattics R...
Startups such as Finsall, Bimpay Finsure and InsurFin, which specialise in insurance premium financing, are seeing increasing demand for such loans. F...
 
Fintech
Digital lenders, NBFCs, and banks disbursed Rs 74,500 crore through the Account Aggregator framework in the first half of this fiscal year. The AA eco...
 
Financial Services
India's forex reserves saw a significant increase, reaching $653.97 billion in the week ending March 7, 2025, marking a $15.26 billion rise. This foll...
 
Policy
Malhotra stressed the need for financial institutions to prepare for climate-related risks, which impact both individual entities and the broader fina...
 
 
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