How will the proposed new UPI tiered pricing work? Will it impact consumers?

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 ...

Claim rejections form majority of insurance grievances, millennials lead complaints

Maharashtra and Uttar Pradesh recorded the highest number of complaints among millennials, highlighting regional disparities in insurance redressal.

Housing loan penetration in eastern India lags, NHB report highlights regional disparities

Housing loan penetration in eastern and northeastern India remains significantly underdeveloped compared to other regions, with eastern states holding...

Yes Bank goes live with GST payment facility

Yes Bank has launched a GST payment facility, enhancing its digital banking services. The facility allows businesses to meet tax obligations quickly a...

Bank unions firm on March 24-25 strike as talks with IBA fail

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...

Saturday bank holiday : Are banks open or closed today on March 15, 2025?

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...

Patanjali, DS Group buy Magma Insurance at ₹4,500cr valuation

Patanjali Ayurved will buy the insurer along with DS Group, at a valuation of Rs 4,500 crore, subject to regulatory approvals.

Valueattics Re gets reinsurer licence from Irdai

It is the first reinsurer to be granted registration to carry out exclusively reinsurance business in the revamped regulatory landscape, Valueattics R...

Rising healthcare costs: Policyholders tap loans to retain health cover

Startups such as Finsall, Bimpay Finsure and InsurFin, which specialise in insurance premium financing, are seeing increasing demand for such loans. F...

₹74,500 crore disbursed via Account Aggregator in H1 FY25: Sahamati report

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...

India's forex reserves rise to $653.97 billion, up $15.26 billion as of March 7

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...

Gear up for credit risks from green tech: RBI

Malhotra stressed the need for financial institutions to prepare for climate-related risks, which impact both individual entities and the broader fina...