India Moves Closer to Universal Banking Coverage
India is approaching universal banking coverage as financial inclusion initiatives, digital infrastructure and expanding banking networks continue to improve access
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Fintech
Parliament Clears Tax Bill, UPI to Remain Free for Users
Parliament has cleared the Taxation and Other Laws (Amendment) Bill, 2026, which includes changes to the legal framework governing digital
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Mobile Banking Market to Reach $58.02 Trillion by 2031
The global mobile banking market is projected to reach USD 58.02 trillion by 2031, driven by the rapid shift towards
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UPI Transaction Growth Slows to 23.5% in FY27
Growth in transactions through India’s Unified Payments Interface (UPI) has moderated during the first four months of FY27, even as
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Solo Develops Reusable KYC Model for Banks
Solo, a consumer reporting agency, has developed a reusable customer-verification model aimed at reducing duplication in KYC processes across banks
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RBI to Wind Up Paytm Payments Bank
The Reserve Bank of India (RBI) has said that the operations of Paytm Payments Bank Limited (PPBL) will be wound
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Western Union to Shut Down Digital Banking Service
Western Union International Bank has announced that it will discontinue its Western Union Digital Bank service, with customer accounts to
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Industry Updates for August 2026
E-way Bill Generation Rises 14.5% in June, Signals Strong Goods Movement Generation of e-way bills under the Goods and Services
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Press Releases for August 2026
1. Artha Bharat Launches Artha Bharat FinMet Physical Gold Fund Artha Bharat Investment Managers IFSC LLP, a leading fund management
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Fintech revolution : Shaping the future of Indian Banking System
The rapidly changing global environment has seen a lot of changes in the way we communicate or doing business through
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