by AIP Online Bureau | Jun 9, 2025 | Eco/Invest/Demography, Indian News, Technology
Nirmala Sitharaman,Union Finance Minister “India is embracing a cashless revolution. With Rs 70,000 crore+ worth UPI transactions daily and 59.6 crore transactions in a single day, digital payments are now the norm,” the minister added. New Delhi: Union Finance...
by AIP Online Bureau | Aug 1, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
The attack had affected C-Edge Technologies, a technology service provider to the banks. India has about 1,500 cooperative and rural regional banks, which largely serve customers in hinterland areas, one-fifth of which were affected by the attack MUMBAI: Nearly 300...
by AIP Online Bureau | Jul 21, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology
According to the latest National Payments Corporation of India (NPCI) data, the number of transactions on the UPI platform went up 49 per cent year-on-year to 13.9 billion in June and the transaction value rose 36 per cent to Rs 20.1 trillion. Also, the average daily...
by AIP Online Bureau | Apr 13, 2022 | Eco/Invest/Demography, Indian News, Regulation, Technology, Wealth Management/ Philanthropy
No official data is available on the size of the Indian crypto market, but industry estimates suggest investors number from 15 million to 20 million, with total holdings of about 400 billion Indian rupees ($5.25 billion) Mumbai: Big Indian crypto exchanges CoinSwitch...
