The company has been rapidly onboarding partners from the insurance and banking sector to become a single platform for such payments.
A total of 6.65 crore Indian citizens availed banking services through AePS platform in July, NPCI said.
"The reduction in lending rates is in line with the current interest rate in the market," Sundaram BNP Paribas Home Finance, Managing Director, Srinivas Acharya said.
The Nandan Nilekani committee said despite the growth of financial inclusion over the years, banks have not expanded their systems, causing a bulk of the failures.
The private-sector lender currently has a credit card base of 12.5 million and 9,00,000 unique merchants with 1.5 million acceptance points.
We believe there could be opportunities available at attractive price point going forward.
The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments.
Debt funds have seen several rounds of severe volatility over time and successfully met the challenge. However, each such episode does leave its own destructive trail.
The finance minister on Sunday held two separate meetings -- the first with the two apex realtors' industry bodies CREDAI and NAREDCO, and the secon
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