Search result for 'transaction accounts'

RBI relaxes restrictions on cash credit facilities after stakeholder feedback. Draft norms revised to ensure working capital availability.

A new survey reveals that a majority of UPI users in India would stop using the service if transaction fees are levied. LocalCircles surveyed 42,000 respondents across 308 districts.

Airtel Payments Bank reported a 41% rise in net profit for the June quarter, reaching Rs 7.2 crore, driven by strong growth in digital savings accounts and other offerings. Revenue also surged to...