Error-free UPI transactions: NPCI bans nicknames in UPI payments – here’s how it will benefit users

[ad_1] NEW DELHI: In a significant move to enhance user safety and transparency in digital transactions, the National Payments Corporation of India (NPCI) has directed all Unified Payments Interface (UPI) applications to display only the ‘ultimate beneficiary name’, as recorded in the Core Banking System (CBS), during peer-to-peer (P2P) and peer-to-merchant (P2PM) transactions.In a circular…

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More layoffs! Infosys asks another batch of trainees to leave after they fail internal assessment tests

[ad_1] Infosys has established partnerships with NIIT and UpGrad for complimentary upskilling programmes available to trainees who departed since February. (AI image) Infosys has dismissed an additional 195 trainees who did not pass their internal assessment examinations. The number of trainees who have not passed the assessment test since February has now exceeded 800.Sources familiar…

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Do home loan rates impact buying decisions?

[ad_1] VTP Realty CEO Sachin Bhandari The RBI has reduced the repo rate further, raising hopes that the reduction will get transmitted to banks and other lenders. Will a cut in home loan rates boost demand for homes? VTP Realty CEO Sachin Bhandari believes a reduction in home loan rates will not impact demand too…

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IndusInd Bank’s deputy CEO quits over accounting lapses

[ad_1] Mumbai: IndusInd Bank‘s deputy CEO Arun Khurana has resigned with immediate effect, taking responsibility for a nearly Rs 2,000-crore impact due to derivative tradeaccounting lapses. The bank disclosed Khurana’s resignation, who was executive director and deputy CEO, in a filing on Monday. Last month, RBI approved a one-year extension for the bank’s MD and…

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Gold has proved your grandmother right

[ad_1] Had you listened to your grandmother and bought gold on Akshaya Tritiya, your investment would have earned handsome returns. Rising geopolitical tensions and widespread economic uncertainty have pushed gold prices to almost Rs 10,000 per gram. Gold bought on this auspicious day has delivered double-digit returns in the past 25 years.A substantial portion of…

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Why startup investors are eyeing sports teams

[ad_1] BENGALURU: Tech entrepreneurs, startup founders, and venture capitalists are broadening their investment horizons by acquiring stakes in sports teams. This strategic diversification demonstrates their understanding of sports leagues as effective channels for community development, brand establishment, and asset creation.The expansion beyond established sports like cricket and football signals a transformation in India’s sporting landscape,…

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