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Manipal Tech: Manipal Tech, India's largest banking & smart cards manufacturer, looks to raise Rs 1,000 cr

Initially, this proposed transaction will give an exit to a few minority shareholders - family members who own about 20% stake in the parent company MTL. Besides the secondary stake sale, about 5-10% primary shareholding will be sold to meet expansion plans, sources aware of the initiative told ET. ....

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ICICI Bank allows UPI payments via RuPay credit cards; the 3 cards that can be used, how to link

Mumbai based private sector bank, ICICI Bank have enabled their range of RuPay credit cards (Coral, HPCL Super Saver, etc) to work on UPI. Customers of ICICI Bank RuPay credit cards can also enjoy reward points while transacting with their cards on UPI. Further the iMobile app by ICICI Bank can also be used for such payments. ....

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Reliance SBI card: Reliance & SBI Card tie-up to launch lifestyle-focused credit card

SBI Card has partnered with Reliance Retail to launch the eco-friendly Reliance SBI Card credit card, granting shoppers at Reliance Retail access to rewards. The card offers benefits across various shopping categories and comes in two variants. The collaboration aims to enhance the shopping experience and provide exclusive discounts and rewards for customers. ....

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UPI scam: How not to get scammed while using credit cards or UPI credit lines

Ritesh Bhatia, a cyber security consultant, warns about two types of scams related to UPI transactions. The first involves the misuse of a person s phone number and UPI registration on another device. The second occurs when individuals are already being scammed and making payments. Bhatia emphasizes the importance of being cautious with the introduction of credit lines on UPI, as scammers can siphon off funds. He advises setting separate PINs for UPI and credit cards, setting transaction limits, disabling international transactions if not needed. ....

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rupay credit card: Jupiter enables RuPay credit card payments through UPI

Indian fintech startup Jupiter is now allowing customers to link their RuPay credit cards to the Unified Payments Interface (UPI). The company believes that its customers will be able to use their RuPay credit cards for instant payments on the app, and it is offering multiple UPI payment methods, including scan and pay at offline retailers and peer-to-peer transactions. ....

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