China: Millions blacklisted for debt as loan defaults hit record high

Dec 14, 2023

After online payment platforms like Alipay and WeChat replaced cash as the most used payment method in China, many stores refused cash payments, and...

First in 20 years, currency in circulation declines in busy Diwali week: SBI Research

Nov 03, 2022

Innovations in technology have changed the Indian payment system over the years and the Indian cash-led economy now has changed to a smartphone-led payment...

Coal smuggling case: ED seizes Rs 1.4-crore after raid in Kolkata

Feb 11, 2023

The agency said this money was unaccounted cash part of the total cash payment of approximately Rs 9 crore for a property called Salasar...

IDFC FIRST announces zero-fee banking for 25 services in savings accounts

Dec 18, 2022

The Bank has waived off fees on 25 commonly-used banking services related to savings accounts such as cash deposit and withdrawal at branches, third-party...

Govt announces new performance-linked incentives for PSU banks' senior executives

Nov 20, 2024

The PLI will be paid in a single tranche and the entire payment shall be in cash. The scheme will come into force retrospectively...

Mastercard Send has enabled a successful festive season for online businesses and consumers

Dec 02, 2020

Gurgaon (Haryana) [India], December 2 (ANI/NewsVoir): The ongoing pandemic has accelerated real-time payments as consumers increasingly seek alternatives to cash. This has led to...