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Friday, September 25, 2026

Repaid Rs 1.41 crore loan, but bank lost property papers; couple wins Rs 15.5 lakh

After examining the material placed before it, the commission concluded that the original property papers had been lost while they were in the bank's custody.

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‘Not a government issue’: FM Sitharaman explains where UPI MDR charge goes

Nirmala Sitharaman clarified that there will be no Merchant Discount Rate (MDR) charged by the government on UPI transactions. She reassured consumers that for transactions over Rs 2,000, the MDR will be covered by merchants and banks. According to NPCI’s Dilip Asbe, a significant 75 percent of UPI transactions remain unaffected by MDR. Most fees originate from larger businesses that incur higher credit card charges.

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Banks to deploy excess liquidity over next few months: RBI DG



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UPI transactions costing banks about 21k cr annually, says NPCI CEO Asbe



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Thursday, September 24, 2026

Dubai-based Indian cancelled 2 flats, builder claims deductions; why MahaREAT ordered full refund

On July 1, 2026, the homebuyer won the matter before the MahaREAT. In its ruling, the tribunal directed the builder to refund the homebuyer Rs 48.73 lakh and Rs 66.56 lakh, along with interest at the State Bank of India's Marginal Cost of Lending Rate (MCLR) plus 2%.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ghKGfqb
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