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  NPCI announces major changes in UPI transaction limits, effective September 15

  Business | September 13, 2025 19:08 IST

  NPCI raises UPI transaction limits for select categories from September 15, enhancing high-value payment flexibility while keeping general P2P limits unchanged.

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  Cross-border transactions: RBI announces steps to encourage use of Indian rupee

  Business | January 16, 2025 17:52 IST

  The Reserve Bank has signed MoUs with the central banks of the UAE, Indonesia, and Maldives to promote cross-border transactions in local currencies, including the Indian rupee.

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  Paytm receives approval from RBI to onboard new UPI users

  Technology | October 24, 2024 13:18 IST

  Earlier this year, the Reserve Bank of India (RBI) directed Paytm to halt several of its financial services due to repeated regulatory violations. Following the ban, Paytm requested approval from the National Payments Corporation of India (NPCI) in August.

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  Aadhaar authentication transactions climb to 2.31 billion in March 2023

  Business | April 26, 2023 23:21 IST

  The March number is better than the February when 2.26 billion authentication transactions were carried out.

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  Top 5 Google Pay tips and tricks for effortless transactions

  April 09, 2023 7:30 IST

  Google Pay offers a host of features that go beyond just making payments, including tracking transactions, splitting bills, and eliminating the need for change.

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  UPI records 657 crore transactions worth Rs 10.72 lakh crore in August

  Business | September 01, 2022 17:45 IST

  The growth in UPI volumes is up almost 100 percent (year-on-year) and amounts transacted grew by 75 percent YoY in the month of August.

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  Buyer to deduct TDS on peer-to-peer virtual digital assets transactions, says CBDT

  Business | June 29, 2022 11:11 IST

  "Thus, in a peer-to-peer (ie buyer to the seller without going through an Exchange) transaction, the buyer (ie person paying the consideration) is required to deduct tax under section 194S of the Act," the CBDT said.

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  SBI alert! These banking services to remain affected for next 3 days - Check details

  Business | May 21, 2021 15:58 IST

  The services will be affected from 22:45 hours on May 21 and 01:15 hours on May 22 and between 02:40 hours and 06:10 hours on May 23.

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  CCPA seeks RBI intervention on banks delaying refund in case of failed transactions

  Business | January 01, 2021 13:16 IST

  Amid rising consumer complaints regarding delay in reverse or refund of money deducted on account of failed or cancelled banking transactions, newly set up consumer protection regulator CCPA has flagged this issue to the RBI seeking its intervention to ensure banks reverse such money on time.

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  UPI transactions hit new high of 149 crore in July

  Business | August 03, 2020 21:12 IST

  The previous high was 134 crore (1.34 billion) transactions in the preceding month of June, while the value of transactions was Rs 2.61 lakh crore, as per the data from the National Payments Corporation of India (NPCI).

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  New year rings: RBI changes rules on money transactions from January 1, see what's new

  Business | January 01, 2020 16:42 IST

  From today,  all old debit and ATM cards with a magnetic stripe will cease to work. This can be replaced with a new EMV chip debit card from the bank free of cost.

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  11.40 lakh transactions settled in 8 hours after RBI operationalises NEFT 24X7

  Business | December 16, 2019 20:26 IST

  ​Around 11.40 lakh transactions were settled in the first eight hours after widely-used NEFT was made operational on 24X7 basis, the RBI said. The RBI operationalised National Electronic Funds Transfer (NEFT) System 24X7 from 12:00 am Monday.  

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  Aadhaar can be used for cash transactions beyond Rs 50,000 in place of PAN: Revenue Secretary

  Business | July 06, 2019 22:28 IST

  Banks and other institutions will make backend upgrades to allow acceptance of Aadhaar in all places where quoting PAN is now mandatory, Revenue Secretary Ajay Bhushan Pandey said Saturday. This follows the Budget allowing interchangeability of PAN and Aadhaar for ease of compliance of taxpayers. 

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  Paytm expects to achieve 2 billion transactions by end of 2019

  Business | July 01, 2019 19:32 IST

  "Paytm is set to expand the payments market in India with its ambitious target to achieve two billion quarterly transactions this year. The company has been witnessing impressive month-on-month growth across all payment use-cases available on its platform.

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  Mastercard moving data of Indian consumers from US-based servers; process to be completed by this year-end

  Business | May 13, 2019 11:39 IST

  The first phase had begun on May 5, wherein certain components of transaction of data, such as tokenisation will be available only in India and then there are other steps that Mastercard is complying with such as authorisation of transaction.

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  Now, Aadhaar must for opening bank accounts, transactions of Rs 50,000 and above

  June 16, 2017 16:57 IST

  Existing bank account holders have been asked to furnish the Aadhaar number issued by the Unique Identification Authority of India (UIDAI) by December 31, 2017, failing which the account will cease to be operational

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  ED swoops down on over 50 bank branches across India, suspect transactions under scanner

  December 07, 2016 23:19 IST

  In one of the biggest crackdowns on money laundering and hawala transactions post demonetisation, the Enforcement Directorate today launched an 'enquiry of records' operation at over 50 bank branches across the country to detect money

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  Congress criticises Centre for not inquiring Vijay Mallya's transactions

  Politics | May 02, 2016 7:37 IST

  Bengaluru: Congress has made a scathing attack on the Centre "for not inquiring" various transactions of money paid to Vijay Mallya by Diageo Plc, including the $40 million Sweetheart deal. "Why is the Modi government

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  SEBI study suggests lowering of STT

  October 17, 2013 20:28 IST

  Mumbai:  A SEBI commissioned study has suggested lowering of Securities Transaction Tax (STT) to boost the capital market.The study, conducted by independent experts for SEBI's Development Research Group, found that spot-market has been dominating the

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  Delhi Govt Doubles Circle Rates For Property Transactions

  India | October 12, 2010 17:13 IST

  New Delhi, Oct 12: Property transactions in the national capital are all set to become a costly affair with the Delhi Cabinet today deciding to enhance the current circle rates for sale and purchase of