Titled Open Banking and Digital Payments: Implications for Credit Access, the study points out that the UPI, since its launch in 2016, has enabled 300 million individuals and 50 million merchants to perform seamless digital transactions.
It points out that the average size of a fintech loan was ₹27,778, which is about seven times the rural monthly expenditure.
Denne historien er fra December 09, 2024-utgaven av The New Indian Express Nagapattinam.
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Denne historien er fra December 09, 2024-utgaven av The New Indian Express Nagapattinam.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Robust framework in place to counter drug trafficking: Govt
THE Centre on Wednesday informed the Rajya Sabha that it has been taking measures jointly with state governments to strengthen the Narcotics Control Bureau (NCB) and other enforcement agencies to ensure effective implementation of the anti-drug law to curb trafficking of the banned substances across India's borders with other countries.
Priyanka in 31-member JPC on 'One Poll'
The government on Wednesday set up a 31-member parliamentary panel that will scrutinise the two bills proposing simultaneous Lok Sabha and assembly polls.
Some retired HC judges drawing 'pitiable' pension of ₹10-15K per month: SC
The Supreme Court on Wednesday said it was \"pitiable\" that some retired high court judges were getting pensions ranging between ₹10,000 and ₹15,000.
NIA conducts raids in 17 places across 4 states in Muzaffarpur arms haul case
THE anti-terror federal probe agency NIA on Wednesday conducted raids at 17 locations, including 12 in Bihar, in connection with its investigation into a case linked to the recovery of AK-47 assault rifle and ammunition in Muzaffarpur in May this year, officials said.
THE NEED FOR A JUDICIAL CODE OF CONDUCT
The latest case of a judge crossing lines of propriety is part of an alarming trend. With its 1997 code on judicial values breached, the Supreme Court needs to frame new rules
THE PETROV DILEMMA & AI
N 1983, the Soviet Union's Oko early-warning system issued a critical alert, signaling an imminent nuclear strike from the US.
'Savukku' sent to judicial custody till December 20
THE Principal Special Court for Narcotic Drugs and Psychotropic Substances (NDPS) Act Cases on Wednesday remanded YouTuber 'Savukku' Shankar till December 20.
Moderate rain likely in Karaikal
REGIONAL Meteorological Centre has revised the heavy rainfall alert for Chennai and its surrounding districts for Thursday.
Tiruppur traders down shutters over 18% GST on rent, property tax hike
BUSINESS came to a standstill as traders, shop owners and industrial units in Tiruppur downed shutters from 6 am to 6 pm on Wednesday condemning the union government for imposing 18% GST on rent for commercial buildings and the state government for increasing property tax.
Kerala govt promotes ADGP amid row over RSS links
IN a significant decision, the state cabinet on Wednesday accepted the recommendation of the high-level screening committee to bestow DGP rank to ADGP MR Ajith Kumar, who is now heading the armed battalions.
