Anant Ambani-Radhika Merchant’s wedding countdown to begin on May 29 in Italy

Anant Ambani-Radhika Merchant’s wedding countdown to begin on May 29 in Italy

Anant Ambani and Radhika Merchant’s wedding countdown celebrations will start on May 29 and will go on till June 1. Guests will embark on a luxurious cruise from Sicily, Italy, voyaging across the seas to dock in Switzerland on June 1, marking the commencement of a lavish affair. Scheduled between July 6-12 in Mumbai, the … Read more

Hyderabad merchants gear up for a smooth ride amid Paytm fiasco 

Hyderabad merchants gear up for a smooth ride amid Paytm fiasco 

  The Reserve Bank of India’s action against online recharge and bill payment service PayTM has created uncertainty among small businesses and traders who rely on the service for their daily transactions. The RBI has barred Paytm Payments Bank (PPBL), which has over 30 crore wallets and three crore bank accounts, from offering all forms … Read more

RBI takes stock of preparedness for card tokenisation

RBI takes stock of preparedness for card tokenisation

More than a month after extending the deadline to meet the card-on-file (tokenisation) rules, Reserve Bank of India last week held a meeting with top merchants and payment aggregators to gauge their preparedness, two people aware of the development told ET. The central bank, which took industry feedback on the readiness of banks and card … Read more