MUMBAI: NTT Data Payment Services is working on linking India’s UPI with other fast payment systems across Asia through a hub-based architecture that could eliminate the need for multiple bilateral arrangements, senior executives said, outlining a strategy to simplify cross-border retail payments. The company launched Adaptis – its unified service brand for its digital payment…

NEW DELHI: Government on Tuesday said that public sector banks are in good financial health, reporting significant improvement in balance sheets , high levels of profits and bad debt at lowest levels in several decades.“Further, public sector banks have recorded sustained credit growth across different sectors of the economy,” minister of state for finance Pankaj…

NEW DELHI: As part of efforts to get non-resident students and professionals, or those who have relocated to India, to come clean on undisclosed overseas assets and income, govt Saturday notified a new voluntary disclosure scheme for small taxpayers, who can pay an effective tax of 60% and avoid penalties and prosecution.In a notification, govt,…