With Merchant Discount Rate (MDR) set to apply from 15 October on eligible person-to-merchant (P2M) transactions above ₹2,000 at 0.4%, a key question for consumers is whether merchants can recover…
Category: Banking And Finance
‘How seamlessly can rupee move..,’ Why UPI could drive India’s next crypto wave | Coinbase boss explains
India’s UPI could become a critical bridge between the country’s traditional financial system and crypto as digital assets move beyond trading and into payments, settlement and tokenised finance. The bigger…
UPI MDR explained: Flat ₹5, 0.40% or 0.02%? Know what applies to merchants, key sectors and capital markets
The Merchant Discount Rate (MDR) framework will take effect from 15 October 2026, with a 0.40% MDR applying to Person-to-Merchant (P2M) UPI transactions above ₹2,000 for standard merchants. However, the…
Stock returns vs earnings: Why strong profit growth may not always make you money
often focus on whether a company can grow its earnings over the next few years. But strong profit growth alone does not guarantee that the stock will generate good returns.…
RBI cancels licences of 5 NBFCs, 8 others surrender registrations
The Reserve Bank of India (RBI) on Thursday cancelled the certificates of registration of five (NBFCs), while eight other NBFCs surrendered their registrations for various reasons, the central bank said…
₹3,000 Annapurna Yojana Sept payment reaches 1.58 cr beneficiaries today: How to check if the money reached your account
The West Bengal government has begun distributing the September tranche of the ₹3,000 benefit under the Annapurna Yojana to eligible beneficiaries in the state today (September 17). The state government…
Don’t own a house? Here’s how you can receive up to ₹2.5 lakh under Pradhan Mantri Awas Yojana Urban 2.0
For urban households looking to build, buy, or rent a home, the –Urban (PMAY-U) offers different forms of support depending on their income. The scheme, launched in June 2015, was…
Rethinking the ₹1 crore myth: Why the traditional Indian retirement number is failing
For decades, ₹1 crore was regarded as the golden standard for a secure retirement. However, the latest Bharosa Talks India Index Study (IRIS) 6.0, conducted by Axis Max Life Insurance,…
UPI transactions: No need to pay extra charges; 5 times payments remain free despite new government rules
Ordinary customers will continue using UPI without paying merchant processing fees under the revised framework. The rules take effect on 15 October 2026, with exemptions covering several everyday transactions. The…
FinMin allays fears of increase in cash transactions post UPI MDR levy: Sources
New Delhi: The does not expect an increase in cash transactions due to the levy of 0.4 per cent (MDR) for above Rs 2,000, which comes into effect from October…