The beginning of a new month brings with it a set of new rules. The beginning of December on Tuesday also brings with it some new rules that will directly affect the common man. From the new real-time gross settlement (LBTR) guidelines to the liquefied petroleum gas (LPG) cylinder price …
Read More »UPI transaction limit for Google Pay, WhatsApp Pay, PhonePe, and others, but should you be concerned?
The digital payments space in India, specifically UPI payments services, is about to undergo a major restructuring. The National Payments Corporation of India (NPCI) has made it official that a new limit will apply as of January 1, 2021 requiring that no third party application provider (TPAP) can exceed more …
Read More »Here’s how to set up WhatsApp Pay, make payments, and more
The digital payments space in India is about to get a bit more exciting, with WhatsApp Pay finally implemented for WhatsApp now available for iPhone and WhatsApp for Android users in India. Of course, you will need to have the latest version of WhatsApp installed on your phone for the …
Read More »RBI sounds like PNB on acquisition of embattled Lakshmi Vilas Bank
It emerged that the Reserve Bank of India (RBI) told the state-owned Punjab National Bank to prepare to take over Lakshmi Vilas Bank (LVB) in case the transaction proposed by the troubled lender with Clix Capital does not materialize. In addition to PNB, another public sector bank was asked to …
Read More »RBI sounds like PNB on acquisition of embattled Lakshmi Vilas Bank
It emerged that the Reserve Bank of India (RBI) told the state-owned Punjab National Bank to prepare to take over Lakshmi Vilas Bank (LVB) in case the transaction proposed by the troubled lender with Clix Capital does not materialize. In addition to PNB, another public sector bank was asked to …
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