The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."
State Bank of India hikes lending rates, and other banks pick up the signal.
Customers have other options available to them to do low-value transactions, if wallets start mandating full KYC and would switch to those.
Branch additions for most major banks in the current financial year do not correspond to the number of the past two years.
If the entire amount of Rs 24,000 crore is raised, then it would be the biggest fundraising exercise by any Indian company ever.
The start of BHIM's declining share coincided with the launch of Google Tez in mid-Septem
The sector witnessed a 24 per cent growth in gross loan portfolio to Rs 38,288 crore, year-on-year
While digitisation and automation have made internal processes more efficient, front-end products are being enhanced digitally through robotics, artificial intelligence and botchats.
Advertisers take to pitching family values and social causes, giving celebrity endorsers and flamboyance a miss. Nikhat Hetavkar reports.
The Mondelez portfolio in India also includes brands like Bournvita, 5-Star. Nikhat Hetavkar finds out how it stays relevant amid strong pushback from millennials over health effects of its products.
Processing fee waived on car, gold and personal loans till December
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