Sebi suggested a cap of Rs 50,000 per investor per financial year for investments made through gift PPIs. Photograph: Francis Mascarenhas/Reuters Key Points These PPIs will be funded only through electronic bank transfer or UPI Sebi suggested a cap of
Despite recent challenges, Jefferies maintains a ‘Buy’ rating for Paytm, forecasting significant growth driven by its dominant merchant payments platform and expansion into financial services. IMAGE: Photograph: Amit Dave/Reuters Key Points Jefferies projects a 22% CAGR in Paytm’s revenue between
Jio Payments Bank is revolutionising cash access in India with its new UPI-based cash withdrawal service, designed to boost financial inclusion and simplify transactions for users in rural and semi-urban areas. Key Points Jio Payments Bank introduces UPI-based cash withdrawals
