UPI users take note! New mobile number verification rules from April 1, 2025 for banks and UPI apps

Banks and UPI applications must conduct weekly updates of their mobile number records to prevent errors from recycled or modified numbers. Applications must obtain explicit user permission before assigning or updating numeric UPI IDs. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/6b7LC...

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Unclaimed deposits over Rs 78,000 crore! New simplified process for account holders, nominees soon to retrieve money

Banks in India are set to introduce a new format to help recover unclaimed deposits worth over ₹78,213 crore. The new guidelines will require banks to display unclaimed deposit details online and streamline the reclaim process, making it fully operational by FY26. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MICdV...

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Top stocks to buy today: Stock recommendations for March 25, 2025

Stock market recommendations: RBL Bank and ACC are recommended stocks to buy today by Somil Mehta of Mirae Asset Sharekhan. RBL Bank is anticipated to retrace to Rs 205, while ACC is expected to rebound to Rs 2185. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gYiDv...

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Are your bank deposits insured if bank fails? Up to Rs 5 lakh deposit insurance scheme explained

Bank depositors are covered by the DICGC's insurance scheme up to Rs 5 lakh per account. Strategically distributing deposits across various banks can enhance coverage, as personal accounts, business accounts, and different joint arrangements are treated separately. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/87EbH...

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Rupee recovers 2025 losses, surges 31 paise to close at 85.67 against US dollar

The Indian rupee continued to strengthen for the seventh straight session, closing at 85.67 against the US dollar. Positive domestic equity trends, foreign capital inflows, and lower crude prices contributed to the gain, erasing all 2025 losses. The rupee has appreciated by 154 paise, with support from foreign banks and exporters. The BSE Sensex surged 1.40%, and Nifty advanced 1.32%. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift....

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Bank strike: Are banks closed on March 24, 2025 and March 25, 2025 for nationwide bank strike?

Bank unions have postponed their nationwide strike planned for March 24 and 25 after receiving constructive assurances from the Indian Banks' Association and the Finance Ministry. The key demands included a five-day workweek, with further discussions on other issues scheduled for April 22. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/87zQR...

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Market cap of nine of top-10 firms jumps by Rs 3 lakh crore; ICICI Bank, Airtel lead gains

The combined market value of nine out of India's top ten most-valued firms grew by Rs 3,06,243.74 crore last week, with ICICI Bank and Bharti Airtel achieving the most significant gains. This surge was driven by a strong rally in equities, as the BSE Sensex and NSE Nifty rose significantly. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AVP2J...

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