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RuPay debit card News

24 Nov 2016

Demonetisation: SBI waives merchant discount rate on Master, Visa debit cards

After RuPay debit cards, State Bank of India (SBI) waived off merchant discount rate (MDR) on Master and Visa debit cards. This is being done to promote digital transactions.

cashless society

22 May 2016

PM Narendra Modi calls for country to move towards cashless society

Renewing calls for India to move towards a "cashless society", Prime Minister Narendra Modi on Sunday said this was essential to curb black money in the country.

19 Aug 2015

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.

Pradhan Mantri Jan Dhan Yojana

12 Aug 2015

Deposits worth about Rs 21K crore mobilised under PMJDY

Banks have mobilised deposits worth close to Rs 21,000 crore from the accounts opened under the Pradhan Mantri Jan Dhan Yojana, the Finance Ministry said Wednesday.

18 Feb 2015

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.

30 Sep 2014

Rajan softens stance on Jan Dhan, says its a welcome scheme

The RBI governor had earlier cautioned the banks on the risks involved in just hunting for numbers, asking them not to compromise on core objectives of the programme.

Jan Dhan benefits

23 Sep 2014

No need to open another bank account to get Jan Dhan benefits

People who do not have officially valid documents or aadhaar numbers can still get bank accounts opened by submitting two copies of signed photographs at the bank branch; 4.18 crore accounts opened as on date under PMJDY.

29 Aug 2014

PM Modi launches Jan Dhan Yojana, aims to end financial untouchability

On the inaugural day, a record 1.5 crore bank accounts were opened across the country, the largest such exercise on a single day possibly anywhere in the world.

Jan Dhan Yojana

26 Aug 2014

PM to launch Jan Dhan Yojana on Aug 28; 1 crore bank A/Cs on day 1

The government plans a mega launch of the Pradhan Mantri Jan Dhan Yojana (PMJDY) by Prime Minister Narendra Modi on August 28, which is likely to see opening of one crore bank accounts on the first day itself.

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