| Author | Message | ||
Sp1234 Side Hero Username: Sp1234 Post Number: 8504 Registered: 11-2014 Posted From: 73.193.10.9 Rating: N/A |
These record numbers may indicate record number of pissed banking customers.. A2 on India Today TV: Only BJP and Modi can give SCS, we support him! | ||
Teluguhero Side Hero Username: Teluguhero Post Number: 2687 Registered: 04-2008 Posted From: 76.106.197.158 Rating: N/A |
LOL Ok latest news Digital transactions touched record high of Rs 71,634 crore on March 28: Finance Minister Arun Jaitley 98.2 lakh digital transaction were made on Thursday. http://zeenews.india.com/economy/digital-transactions-touche d-record-high-of-rs-71634-crore-on-march-28-finance-minister -arun-jaitley-2094770.html | ||
Teluguhero Side Hero Username: Teluguhero Post Number: 2683 Registered: 04-2008 Posted From: 76.106.197.158 Rating: N/A |
India's RBI orders changes to bank protocols after $1.8 bln fraud case https://www.cnbc.com/2018/02/23/reuters-america-update-3-ind ias-rbi-orders-changes-to-bank-protocols-after-1-point-8-bln -fraud-case.html | ||
Last_avataar Hero Username: Last_avataar Post Number: 10420 Registered: 09-2012 Posted From: 71.32.114.54 Rating: N/A |
verri poo RBI has to first focus on setting it's own house, Banking sector in order which is highly ineffi c ient, full of frauds | ||
Heineken Side Hero Username: Heineken Post Number: 5563 Registered: 04-2009 Posted From: 8.39.118.254 Rating: N/A |
 Date wrong avachu Modi wrong kadu jai Pathala gorree Dharmic Happiness | Poetic Justice | ||
Rajusk Legend Username: Rajusk Post Number: 62360 Registered: 02-2008 Posted From: 170.74.248.19 Rating: N/A |
Last Published: Fri, Apr 07 2017. 12 07 AM IST konchem latest vi vadalandi  | ||
Shivavishnu Side Hero Username: Shivavishnu Post Number: 2467 Registered: 10-2010 Posted From: 172.58.140.147 Rating: |
Kummu Modi Kummu Om Namah Shivaya.....Om Namo Narayanaaaya.... | ||
Teluguhero Side Hero Username: Teluguhero Post Number: 2680 Registered: 04-2008 Posted From: 76.106.197.158 Rating: N/A |
PayU India planning to expand credit business PayU also wants to double its monthly transaction volume to roughly $2.5 billion in PayU Money by March 2019, CEO Amrish Rau says https://www.livemint.com/Companies/1po27g5NomyJfpcEKTNgsN/Pa yU-India-planning-to-expand-credit-business.html | ||
Starc Side Hero Username: Starc Post Number: 7287 Registered: 03-2015 Posted From: 170.63.120.78 Rating: |
too good.. india lo public are changing. | ||
Teluguhero Side Hero Username: Teluguhero Post Number: 2679 Registered: 04-2008 Posted From: 76.106.197.158 Rating: |
https://www.livemint.com/Industry/Kmb56uckY49LtZvVnmWSOK/Dig ital-transactions-peaked-at-Rs1495-trillion-in-March-RB.html Digital transactions peaked at Rs149.5 trillion in March: RBI data Digital transactions volume also rose in March and was the second highest in a month since the announcement of demonetization, shows the RBI data Digital transactions reached a peak in terms of overall value during March, according to provisional data from the Reserve Bank of India (RBI). The volume of digital transactions also rose in March and was the second highest in a month since the government announced demonetization of high value currency notes in November last year, according to the RBI data released late on Wednesday. Transactions worth about Rs149.52 lakh crore (Rs149.5 trillion) were conducted through digital modes such as credit/debit cards, unified payments interface (UPI), unstructured supplementary service data (USSD), prepaid payment instruments (PPIs) and mobile banking in March. ALSO READ: Ban on cash transaction above Rs2 lakh not applicable for bank, post office withdrawals Digital transactions worth Rs104.05 lakh crore (Rs104.1 trillion) were recorded in December, the month during which the impact of demonetization was the strongest. Data has been collated until 2 April. Click here for enlarge Usage of PPIs such as mobile wallets and UPI also peaked in March. The volume of PPI transactions in March was 90 million as compared with 87.8 million in December. The volume of UPI transactions recorded in March was 6.2 million as compared with 2 million in December and 4.2 million in January. UPI transaction volumes rose about 214% in March, from December, according to the data. ALSO READ: How to turn your investments and payments digital Transactions through UPI received a major stimulus from the government after Prime Minister Narendra Modi launched the BHIM (Bharat Interface for Money) app on 30 December. The latest payment mechanism based on UPI is UPI@PoS â or, point-of-sale (PoS) machines that are configured to enable payments without swiping cards. Debit and credit card usage at PoS machines rose by 6.29% in March to 225.7 million transactions from 212.3 million in the previous month. Transactions had declined by 14.6% in January from December and 20% in February from January. Mobile banking transactions increased by 7.68% in March to 60.5 million from 56.2 million in the previous month. They had declined by 7.61% in January from December and 13.42 % in February from January. Meanwhile, transactions through USSD fellâby 6.03% in March compared with February. Payments using National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) rose by around 26% and 66.23%, respectively, in March from February. ALSO READ: RBI governor Urjit Patel says farm loan waiver a âmoral hazardâ âMost of the B2B payments are done during March; corporations are trying to make collections which come mostly through NEFT/RTGS. In case of surge in retail payments, especially the UPI, the governmentâs effort to popularize it has a major role to play,â said Dewang Neralla, chief executive of Atom Technologies Ltd, a payment services provider. A whole new range of apps based on UPI is being launched, Neralla added. âNow, people do not see any reason to hoard cash at home, instead they prefer to deposit it in bank accounts and make payments through digital modes,â he added. According to a recent research report by the State Bank of India (SBI), the cash withdrawals have not picked up even though the limits on withdrawals were removed from 13 March. The report suggested this may be the result of the move towards digital payments. |
