Payment

Wipro to implement medicare prescription payment plan platform for Independent Health – ET HealthWorld

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Wipro to implement medicare prescription payment plan platform for Independent Health – ET HealthWorld

New Delhi: IT services company Wipro on Thursday said it has been selected by US-based Independent Health to implement its Medicare Prescription Payment Plan (MPPP360) platform for the upcoming open enrolment period. Starting in 2025, the Medicare Prescription Payment Plan will allow enrollees to make capped monthly payments for out-of-pocket prescription drugs, among other changes. … Read more

Deadline for payment of property tax extended till March 31

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Deadline for payment of property tax extended till March 31

The State government has extended the deadline for payment of property tax till March 31, exempting the penal interest till that date. The decision was taken as part of measures to step up property tax collection, Minister for Local Self-Governments M.B. Rajesh said here on Monday. The government was also was of the view that … Read more

Muthoot FinCorp to offer NCD yielding 9.75% for 8 years; subscription window open till January 25

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Muthoot FinCorp to offer NCD yielding 9.75% for 8 years; subscription window open till January 25

Muthoot FinCorp Limited has announced XVI Tranche III series of secured, redeemable, non-convertible debentures (NCDs) to raise up to Rs 300 crore, which is within the issue size of Rs 1,100 crore.  The third tranche amounts to Rs 75 crore, with a green-shoe option of Rs 225 crore, aggregating up to Rs 300 crore (Tranche … Read more

My home loan interest rate has increased to 9.5% from 7.5%. Should I change my bank or stay with exiting one for reduced rate?

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My home loan interest rate has increased to 9.5% from 7.5%. Should I change my bank or stay with exiting one for reduced rate?

I have taken loan of Rs 45 lakh at 7.50% per annum under External Benchmark Lending Rate. Now they have increased it to 9.50%. Do the lenders have any discretion as to whether to allow a borrower to transfer his home loan to other banks? Can I transfer my home loan to any other lender?   … Read more

Dealing with parents’ debt: I’m a 30-year-old married woman. Can I get a personal loan without my husband’s knowledge?

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Dealing with parents’ debt: I’m a 30-year-old married woman. Can I get a personal loan without my husband’s knowledge?

I am a 30-year-old married woman with two daughters, and I earn Rs 90,000 per month. I give my parents around Rs 20,000 to Rs 25,000 for their monthly expenses. My parents have a debt of around Rs 12 lakh and an income source of Rs 10 000 per month. Now it’s my responsibility to … Read more

Google Pay is used more for payments in India and Poland than in the US or UK: Survey

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Google Pay is used more for payments in India and Poland than in the US or UK: Survey

As one of the top five mobile payment services, Google Pay accounted for 26% of all online transactions last year. Today, more than 150 million users across 42 markets use Google’s mobile payments service to manage their payments with one tap and swipe. But in some countries, the app is used much more than in … Read more

Palaniswami condemns levy of 1% penalty on delayed payment of property tax in T.N.

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Palaniswami condemns levy of 1% penalty on delayed payment of property tax in T.N.

AIADMK general secretary Edappadi K. Palaniswami | Photo Credit: JOTHI RAMALINGAM B AIADMK general secretary Edappadi K. Palaniswami on Friday condemned the DMK government’s move to levy a penalty for delayed payments of property tax, for those living in municipal corporations.   In a statement, Mr. Palaniswami recalled that Chief Minister M.K. Stalin, while in … Read more

Paytm likely to clock sustained growth in Q4 operating profitability, says Citi; raises target price

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Paytm likely to clock sustained growth in Q4 operating profitability, says Citi; raises target price

Citi expects fintech major Paytm to clock sustained growth in operating profitability going ahead breaking even in the previous quarter. The global investment bank has raised the target price to Rs 1,103, implying an upside potential of 71%. Paytm is likely to report a decent fourth quarter with further improvement in net payment and overall … Read more

ETMarkets Management Talk | CMS Info Systems CFO Pankaj Khandelwal on threats from UPI, CBDC

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ETMarkets Management Talk | CMS Info Systems CFO Pankaj Khandelwal on threats from UPI, CBDC

CMS Info Systems’ President and CFO Pankaj Khandelwal says they are monitoring the potential of CBDC. “We believe that its potential and impact would be more in the wholesale/institutional segment than the retail sector. Large enterprises and business houses can take advantage of CBDC for their treasury management and cross-border payment settlements as it provides … Read more