Digital Payment volumes on most NPCI channels report record decline in April

Popular and fast growing digital payment channels such as UPI, IMPS, BBPS and NETC all reported record plunge in monthly volumes in a month where the entire country remained in lockdown owing to coronavirus. AePS bucks the trend and doubles volume on the back of increased DBT transfers and balance enquiries by beneficiaries of COVID relief schemes.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/digital-payment-volumes-on-most-npci-channels-report-record-decline-in-april/articleshow/75491901.cms

Fox News Breaking News Alert

Fox News Breaking News Alert

Presumptive Democratic presidential nominee Joe Biden told MSNBC he supports release of records held by National Archives that c

05/01/20 5:36 AM

Fox News Breaking News Alert

Fox News Breaking News Alert

Biden denies sexual assault allegation in statement

05/01/20 4:42 AM

Lockdown led to subdued economic activity but saved India from lot of agony: SBI chairman

State Bank of India (SBI) Chairman Rajnish Kumar asserted that the nationwide lockdown should only be lifted once the situation is fully under control. He added that if people continue to maintain discipline during the lockdown, the curve can be flattened quickly and an exponential rise in the number of coronavirus cases prevented.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/lockdown-led-to-subdued-economic-activity-but-saved-india-from-lot-of-agony-sbi-chairman/articleshow/75490472.cms

BANKING

State Bank of India (SBI) Chairman Rajnish Kumar asserted that the nationwide lockdown should only be lifted once the situation is fully under control. He added that if people continue to maintain discipline during the lockdown, the curve can be flattened quickly and an exponential rise in the number of coronavirus cases prevented.

from Banking/Finance-Industry-Economic Times https://ift.tt/3d8N5pE
via IFTTT

Yes Bank: Wadhawan brothers' CBI custody extended till May 8

he duo was arrested last Sundayfrom a quarantine facility at Mahabaleshwar in Satara district, nearly 50 days after they were booked in a case of bribery against former Yes Bank CEO Rana Kapoor. The Wadhawans were produced before a special court here on Friday as their previous remand ended.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-wadhawan-brothers-cbi-custody-extended-till-may-8/articleshow/75489770.cms

BANKING

he duo was arrested last Sundayfrom a quarantine facility at Mahabaleshwar in Satara district, nearly 50 days after they were booked in a case of bribery against former Yes Bank CEO Rana Kapoor. The Wadhawans were produced before a special court here on Friday as their previous remand ended.

from Banking/Finance-Industry-Economic Times https://ift.tt/2YnjV1O
via IFTTT