Banking

SBI Extends Fixed Deposit Schemes: Amrit Kalash and Amrit Vrishti

The State Bank of India (SBI) has recently extended its popular fixed deposit (FD) schemes, Amrit Kalash and Amrit Vrishti, until March 31, 2025. Initially

Banking

Lenders Shift Focus to Credit Vetting for Jan Dhan Accounts

As the financial landscape evolves, lenders are placing increased emphasis on credit vetting processes for Jan Dhan account holders. Recent developments indicate a shift towards

Finance

Revolutionizing Indirect Taxation: How Technology is Transforming Tax Compliance in India

As India undergoes the most significant transformation in indirect tax administration, businesses are finding themselves at the forefront of a digital revolution. The traditional methods

Finance

Deals and Disputes Push India Inc’s Legal Expenses Up by 17% in FY24

Legal expenses have increased significantly in India’s corporate sector; in FY24, the top corporations increased their legal spending by 17%. Cross-border transactions, dispute settlement, and

Banking

Visa’s Vision for Digital Inclusion: Insights from Kelly Mahon Tullier at AtomNews WLF 2024

At the AtomNews World Leaders Forum 2024, Kelly Mahon Tullier, Vice Chair and Chief People and Corporate Affairs Officer at Visa, shared her vision for

Finance

Google Pay VP Ambarish Kenghe Discusses UPI Market Cap at AtomNews WLF 2024

At the AtomNews World Leaders Forum 2024, Ambarish Kenghe, Vice President of Google Pay, shared his insights on the potential market share cap on Unified

Banking

India and Russia Consider Dynamic Rupee-Rouble Exchange Rate to Bypass Dollar Trade Barriers

In order to avoid using the dollar in bilateral commerce, India and Russia are actively negotiating the establishment of a dynamic rupee-rouble exchange rate and

Finance

Bajaj Finance Faces ₹341 Crore GST Evasion Notice: Allegations, Industry Impact, and Future Implications

The Directorate General of Goods and Services Tax Intelligence (DGGI) has served Bajaj Finance with a show cause notice, a noteworthy step that highlights the

Banking

UPI and IMPS Services Temporarily Offline Due to Ransomware Attack

The National Payments Corporation of India (NPCI) has announced that several banks’ UPI, IMPS, and other payment systems are temporarily offline due to a ransomware

Banking

Indian Banks Seek Stability Amid Mobile Banking Boom

In a striking turn of events, Indian banks are navigating a paradox. Despite transferring a staggering $2.5 trillion, or 80% of India’s GDP, through smartphones