No nod to WhatsApp to go live on full scale UPI ops: RBI

No nod to WhatsApp to go live on full scale UPI ops: RBI

🕔08:36, 1.Aug 2020

New Delhi, Aug 01  The RBI has told the Supreme Court it has not granted permission to WhatsApp to go live for full scale operations on the Unified Payments Interface (UPI) payment system. The central bank, in its counter-affidavit, said:

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Sebi postpones margin rules implementation by one month

Sebi postpones margin rules implementation by one month

🕔08:34, 1.Aug 2020

Mumbai, Aug 01  Bringing some relief to stock brokers, the Securities and Exchange Board of India (Sebi) on Friday postponed the implementation of the new rules for upfront margin collection in the cash segment by a month. The norms will

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SBI’s Q1FY21 net profit up 81%

SBI’s Q1FY21 net profit up 81%

🕔08:33, 1.Aug 2020

Mumbai, Aug 01  The country’s biggest lender State Bank of India (SBI) on Friday reported a rise of 81 per cent in its standalone net profit on the back of Q1FY21. Accordingly, the bank’s net profit rose to Rs 4,189

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