Activated 20,000 SIM cards! Uttarakhand man helped run cyber scams in China
The accused had activated over 20,000 SIM cards, which were then sold to criminals not only in India but also in countries such as China, Thailand, Cambodia, Myanmar, Vietnam, and Malaysia
UPI crosses 500 million daily transactions; value falls flat in September
In volume terms, this is the highest number since UPI became operational in April 2016. The number of daily transactions was higher than 483 million and Rs 66,475 crore in August
Life insurance policyholders to get higher early-exit payouts from today
Unlike now, when policyholders lose the entire premium paid if they exit after year one, once the new policy kicks in, they will get a part of their premium back.
RBI cautions against fraud, warns against sharing OTP and KYC details
The RBI also detailed various modus operandi used by fraudsters
Invest in dividend yield schemes to balance out growth strategies
“Companies that pay high dividends typically have strong cash flows and tend to be more stable,” Atul Shinghal, Founder and CEO of Scripbox, says
Fintechs don’t have proven track record to evoke trust, yet: RBI DG
Speaking at Global Fintech Fest 2024, Sankar noted that fintech cos largely not licensed by regulator, making it even more crucial for them to prove they can operate responsibly and earn public trust
No restrictions for queer community to open joint bank accounts: FinMin
The ministry also said that a clarification in this regard has also been issued by the Reserve Bank of India (RBI) to all the scheduled commercial banks on August 21, 2024
SBI’s mega tier II debt issue may boost fundraising via such notes: Bankers
On Wednesday, India’s largest lender SBI raised Rs 7,500 crore ($894.1 million) through 15-year tier II bonds, with a 10-year call option at 7.42 per cent coupon
RBI announces early redemption for SGB: Tax implications explained
You can prematurely withdraw your sovereign gold bond investment once it completes the fifth year
Soon, loan processing for MSMEs, others will be faster, simpler: Here’s how
Much like the UPI revolutionised payments, ULI aims to do the same for lending, making it quicker and simpler