LIC Offices Open, Coindcx Invests, Paynearby UPI Cash

Mumbai, Mar 30 (PTI) LIC on Monday declared that its offices across zones and divisions will remain open during normal working hours on Tuesday.

The move is for customer convenience as per the advisory issued by Insurance Regulatory and Development Authority of India (Irdai), an official statement said.



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Coindcx commits to invest Rs 100 cr for building cybersafety infra in India

* Days after its founders faced arrest due to a fraud committed by an impersonator, Coindcx on Monday committed to invest Rs 100 crore for building cybersafety infrastructure in the country.


This will include making fraud intelligence available in real time to law enforcement and financial platforms, a WhatsApp helpline for all Indians and training efforts for law enforcement agencies, as per a statement.





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Paynearby to help customers withdraw cash using UPI QR without debit card, Aadhaar

* Paynearby on Monday announced a service to help customers withdraw cash using UPI QR at nearby retail stores, without the need for a debit card or Aadhaar authentication.

Customers can use their smartphone to scan UPI QR code at the local retail store, enter the amount, authenticate the transaction, and receive cash instantly, the company said, adding that it is working in partnership with IndusInd Bank for the initiative.