CBI arrests man for duping loan applicants by posing as Animal Husbandry Department official
By claiming to be an AHIDF official and discussing loan application details, he was obtaining money from many applicants daily.
By claiming to be an AHIDF official and discussing loan application details, he was obtaining money from many applicants daily.
The Centre has notified the EPF Scheme 2026, introducing a mandatory 25 per cent balance requirement for partial withdrawals, expanding eligible withdrawal purposes and outlining upcoming UPI and WhatsApp-based EPFO services.
India and Nepal have launched a peer-to-peer (P2P) cross-border remittance mechanism, enabling seamless, real-time digital money transfers between the two countries through the integration of India’s Unified Payments Interface (UPI) and Nepal’s National Payments Interface (NPI).
Despite dominating transaction volumes, UPI contributed only 9.5% of the total transaction value, highlighting its role in facilitating low-value retail payments across the country.
The Unified Payments Interface (UPI) transaction value dipped 1.7 per cent in April to Rs 29.03 trillion, down from Rs 29.53 trillion the previous month.
A framework for early detection and time-bound resolution of stressed assets, along with automated Early Warning Systems, has reduced slippages into NPAs.
Unified Payment Interface (UPI) transactions witnessed a month-on-month (MoM) increase in July in terms of volume, closing at 19.47 billion. In June, the transactions were at 18.40 billion.
In June last year, 13.88 billion UPI transactions were done while 18.39 billion in the same period this year, marking a sharp 32 per cent year-on-year (YoY) growth.
India now leads the world in fast digital payments, powered by the rapid growth of the Unified Payments Interface (UPI), according to the latest fintech note released by the International Monetary Fund (IMF).
With digital payments becoming an integral part of daily life for millions of Indians, experts and authorities are urging users to remain alert and follow basic safety precautions to avoid falling victim to fraud.
