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Delhi man 31st coronavirus case; 29,607 under watch

 A number of events related to Holi and Women's Day celebrations were cancelled while the University Grants Commission (UGC) asked universities to avoid large gatherings as precautionary measures......

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

 Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of......

Number of UPI apps grows in 2024, yet top two command maximum market share

 In 2024, the National Payments Corporation of India (NPCI) approved 20 third-party Unified Payments Interface (UPI) applications, a record since UPI’s launch in 2016. This surge reflects......

'We focus on smaller ticket sizes loans'

 'Banks may find small ticket size lending economically unviable due to the cost of branch operations.' Illustration: Uttam Ghosh/Rediff.com FlexiLoans.com, a lender to small businesses starved of......

Zomato withdraws NBFC application, says no plans to pursue lending

 Food and grocery delivery major Zomato has pulled the plug on its plan to enter the lending business. Photograph: Anushree Fadnavis/Reuters Zomato Financial Services, a wholly-owned subsidiary of......

'Payment banks' micro-lending to significantly impact economy'

 'The transition from payment banks to SFBs is only permissible for banks not owned by corporate entities.' Photograph: Kind courtesy Airtel Payment Bank/Instagram Airtel Payments Bank saw a......

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