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Will UPI become chargeable? Centre says most payments will remain free

UPI stays free for users: Centre says only select merchant payments may face MDR

PGurus Newsdesk - August 8, 2026

India's bank credit grew 18.6% year-on-year in June 2026, with retail lending and NBFC financing continuing to drive the country's strong credit growth momentum

India’s bank credit grows 18.6% in June as retail, NBFC lending powers demand

The case relates to alleged financial losses arising from EPFO's investment in Reliance Capital's Non-Convertible Debentures (NCDs)

CBI books Reliance Capital Ltd., ex-chairman Anil Ambani for causing EPFO loss of over Rs.1,800 cr

The CBI alleges funds were siphoned, diverted and accounts were evergreened, resulting in significant losses to the bank

CBI raids 6 locations across 4 states in Rs.1,109-cr bank fraud case against Gupta Power Infrastructure Ltd

The CBI says the probe remains open into the role of directors, entities and public servants, with supplementary chargesheets likely in the sprawling Reliance banking fraud investigation

Avoiding Anil Ambani, CBI files its first chargesheet only against staffers in Rs.4,097-crore bank fraud case

ED made arrests after searching over 15 locations in Delhi, Ambala, Panchkula, Chandigarh and Mumbai in the offices and residential premises linked to the accused

ED arrests promoters, CA of Parabolic Drugs PVT Ltd in Rs.1,626...

PGurus Newsdesk - October 28, 2023 0

ED attached properties of Kapil and Dheeraj Wadhawan under the provisions of PMLA in the DHFL fraud case

ED attaches assets worth Rs.70 cr of Wadhawan brothers in DHFL...

PGurus Newsdesk - October 27, 2023 0

CBI registered the case on September 30, 2023, on the basis of a complaint lodged by the Indian Overseas Bank in May

CBI registers case against Nimbus Communications, its 3 directors in bank...

PGurus Newsdesk - October 24, 2023 0

Bank Bachao Desh Bachao Manch, a forum representing various sections of civil society, is seeking ways to combat Aadhar card-related bank fraud

Civil society forum writes to Governor of RBI seeking information security...

PGurus Newsdesk - October 15, 2023 1

A special scrutiny report and a comprehensive system audit report has revealed non-compliance with norms by Paytm Payments Bank

RBI imposes fine on Paytm Payments Bank for breach of norms

PGurus Newsdesk - October 13, 2023 0

Vivekanand Patil siphoned off funds from bank through 67 fictitious loan accounts to the loan accounts of entities or firms or trusts owned or controlled by him

ED attaches properties of 4-time Maharashtra MLA Vivekanand Patil, close aide...

PGurus Newsdesk - October 13, 2023 0

ED attached the 10 properties under the sections of the Prevention of Money Laundering Act, 2002

ED attaches 10 immovable properties worth Rs.55 cr in Afroz Fatta...

PGurus Newsdesk - October 8, 2023 0

The CBI initiated raids in Mumbai and Bhopal after IDBI Bank lodged a complaint of embezzlement against a private company and associates, leading to a loss of Rs.63.71 cr

CBI lodges FIR against private firm, others for causing Rs.63.71 cr...

PGurus Newsdesk - October 5, 2023 0

Recruitment of clerical staff in the banks has come down drastically year after year and there is a virtual ban on appointment of subordinate staff and cleaning staff

Bank employees to strike for 13 days between Dec 4 –...

PGurus Newsdesk - September 27, 2023 0

Penalty of Rs.1.3 cr was imposed on SBI, Rs.1.62 cr on Indian Bank, Rs.1 cr on Punjab & Sind Bank, and Rs.8.80 lakh on Fedbank Financial Services

RBI fines SBI, Indian Bank, Punjab & Sind Bank, Fedbank Financial...

PGurus Newsdesk - September 26, 2023 0

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BOOKS

Skip Farmer Power—You'll lose nothing. Read it—You'll lose your time

Farmer Power: An outdated ideology

An examination of how competing historical narratives, political ideologies and academic interpretations have shaped public understanding of India's past since Independence

Book review: Eminent historians exposed again

Keigo Higashino's 'Guilt' delivers a gripping crime mystery, while Sudha Murty's 'The Gopi Diaries' celebrates innocence, family and the timeless bond between humans and pets

Book review: One solves murders, the other steals hearts

A powerful review of Forgotten Heroes of Indian Science by Anand and Sheetal Ranganathan, highlighting the lives, sacrifices, and groundbreaking contributions of India’s overlooked scientific pioneers

Book review of ‘Forgotten Heroes of Indian Science’ by Ranganathans

Does A World Adrift capture today’s geopolitical reality, or does it overlook the deeper structural shifts reshaping the world order?

Book review: “A World Adrift” — Manish Tewari’s foray into global...

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