The Reserve Bank of India (RBI) said on Thursday that it has lifted the 11-month ban on MasterCard issuing new cards after the card network completed the minimum regulatory compliances on data storage requirements.
RBI raises limit for e-mandate transactions
Guwahati: The Reserve Bank of India (RBI) raised the Additional Factor of Authentication (AFA) limit for recurring transactions for e-mandates on cards, Prepaid Payment Instruments (PPIs), and UPI from 5,000 to 15,000 on Thursday.
Salaried customers can now avail loans via YONO Digi-platform
Guwahati: State Bank of India (SBI) announced the launch of Real-Time Xpress Credit on its Yono platform on Monday, allowing qualified clients to get personal…
India, US govt signs IIA for investment support
Guwahati: The government of India and the United States of America have signed an Investment Incentive Agreement (IIA) in Tokyo, Japan. The IIA is expected…
FPI pulls out Rs. 17, 144 cr from the equity market
New Delhi: Continuing its selling spree for the seventh consecutive month, foreign investors have pulled -out Rs 17,144 crore from the 3 Indian equity markets…
Assam Tea EPFO earns Rs. 966 cr from the corpus fund
Guwahati: The Assam Tea Employees Provident Fund Organisation (AT- EPFO) has earned a gross amount of Rs 966 crore from the investment of the provident…
Micro Finance scheme cheques distributed among beneficiaries at Amingaon
Guwahati: Finance Minister Ajanta Neog and Industries and Commerce Minister and Guardian Minister of Kamrup district Chandra Mohan Patowary along with other dignitaries ceremonially distributed…
Union Cabinets approves Rs. 820 cr in financial support for India Post Payments Bank
New Delhi: The union cabinet has approved ₹820 crores in financial support for India Post Payments Bank, reported by an unnamed source. India Posts Payments Bank…
LIC fixes price band at Rs. 902-949 per share for IPO
New Delhi: Insurance giant LIC has fixed the price band at Rs 902-949 per share for the Rs 21,000-crore public offer that is likely to…
One Moto India partners with Royal Sundaram for insurance services
One Moto India, the Indian subsidiary of a premium British electric two-wheeler manufacturer, has announced its partnership with Royal Sundaram General Insurance Company Limited. As…