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Lucky Grahak Yojna: Mobile EMI fetches Rs 1-crore bonanza for student

Lucky Grahak Yojna: Mobile EMI fetches Rs 1-crore bonanza for student

An EMI payment of Rs 1,590 for a newly bought mobile phone has earned a mega lottery of Rs 1 crore for 20 year-old engineering student Shradha Mohan Mengshette under the government's Lucky Grahak Yojana.

RuPay card-holders: Govt relaxes norms to claim personal accident cover

Government has extended RuPay card usage condition to 90 days for a claim under an in-built accident insurance cover in case of RuPay Classic cardholders with effect from November 25, 2015.

Govt eases conditions regarding insurance claim on RuPay cards

Govt eases conditions regarding insurance claim on RuPay cards

However, claim intimations on RuPay Classic cards where accident has occurred before November 24, 2015 will not be eligible for claim benefit under 90 days usage condition.

RuPay card to soon overtake Visa-Master cards in India?

It is interesting to note that, of the 580 million debit cards used in India, 190 million are said to be RuPay card, a huge achievement for a year old card.

Virtual form of RuPay card on anvil

After launching the RuPay debit card, National Payments Corp (NPCI) is set to come out with its virtual form in the next few months, a move that will give further push to smartphone-based transactions.

Jan Dhan yojana: No fresh a/c needed to get benefits of scheme

Government on Wednesday said persons already having bank account need not to open a fresh one to avail benefits of the Pradhan Mantri Jan Dhan Yojana (PMJDY).

'Cover gap between Jan Dhan accounts and RuPay cards disbursed'

Banks were asked to open at least one account of adult member in every household.

FinMin asks banks for early issuance of RuPay card under PMJDY

The Finance Ministry has asked banks to expedite issuance of RuPay debit card under Pradhan Mantri Jan Dhan Yojana (PYMJDY).

Banks open 5.29 crore accounts under Jan Dhan Yojana

Banks have opened a whopping 5.29 crore new accounts so far under the flagship Jan Dhan programme.

Pranab dedicates India's own payment gateway 'RuPay' to nation

India on Thursday launched its own payment gateway 'RuPay', equivalent of Visa and Mastercard, which will work on ATMs and mechant outlets and help in reducing cash transactions.

Prez to dedicate indigenous card payment network 'Rupay' tomorrow

President Pranab Mukherjee will dedicate 'RuPay' India's own card payment network to the nation here Wednesday.

RuPay Card base to touch 25 mn by Mar: NCPI

"We have so far issued 14 million RuPay cards, and this will touch 25 million by the end of March," NPCI Managing Director and Chief Executive Abhay P Hota said.

NPCI launches e-commerce solution in RuPay Card

The National Payments Corporation (NPCI) Friday launched its e-commerce solution named 'RuPay PaySecure' that will enable all RuPay card holders to make online payment.

'Banks can save Rs 300 cr annually by switching over to RuPay'

A switchover to RuPay Card, the Indian version of Visa or MasterCard, can help domestic banks save as much Rs 300 crore annually in transaction fees, says the National Payments Corporation, which launched the card last week.