As per a January 31 order of the RBI, Paytm Payments Bank was asked to stop further deposits, credit transactions, or top-ups in any customer accounts, prepaid instruments, wallets, FASTags, and National Common Mobility Cards, after February 29
FTX, which last week filed for bankruptcy in the US, did not reveal how much it lost in unauthorised transactions but reports claimed the amount could be as high as $600 million.
Karimnagar: The Telangana State Cooperative Apex Bank (TSCAB), which attracted the attention of the entire nation with the computerisation of all Primary Agricultural Cooperative Societies (PACS) in the state, is now planning to introduce the End of Day (EOD) transactions system in all PACS very soon to ensure total transparency and accountability. After the introduction […]
As the problem could not be rectified till Saturday night, property owners made a beeline before the Sub-Registrar Offices (SROs) to know information about commencement of services
The total value of the transactions in April stood at over $13 billion, the report by Grant Thornton, a consultancy, said, pointing out that domestic M&A transactions led the pack by reporting over 30 transactions aggregating to $5 billion
The report claimed India was ahead of China with 25.5 billion real-time payments transactions in 2020, compared to the northern neighbour's 15.7 billion.
Administrator of the Company received an initial report indicating that there are certain transactions which are undervalued, fraudulent and preferential in nature, falling under the aforesaid sections of the Code
CCPA Chief Commissioner Nidhi Khare stated that 2,850 complaints pertaining to "transactions failed/cancelled but money not refunded" forming 20 per cent of grievances registered in the banking sector
The NGTA, for which the RBI has invited bids from eligible vendors, would be supporting various transactions in asset classes like Fixed Income (FI), Forex (FX), Money Market (MM) and Gold.
Mumbai: The country’s largest lender State Bank of India is actively looking to hive off its digital platform Yono into a separate subsidiary, its chairman Rajnish Kumar said. Yono or You Only Need One App is the lender’s integrated banking platform. “We are in discussions with all our partners to hive it (Yono) off as […]
