Business Finance

Maharashtra Cooperative Banks Struggle with ₹101 Crore in Demonetised Currency

By BPN News Desk
Eight district central cooperative banks (DCCBs) in Maharashtra are currently holding approximately ₹101.2 crore in demonetised ₹500 currency notes, a predicament persisting for over eight years. The Kolhapur DCCB holds the largest portion, amounting to ₹25.3 crore, followed by the Pune DCCB with ₹22.2 crore.​ Challenges in Safekeeping Demonetised Notes These banks face
Business Finance

Banking Laws Amendment Bill: Rajya Sabha Approves New Rules for Nominations and Bank Governance

By BPN News Desk
The Rajya Sabha recently passed the Banking Laws Amendment Bill, aiming to enhance governance in the banking sector and streamline financial processes for depositors. This amendment, already approved by the Lok Sabha, introduces several key reforms to improve banking regulations and reporting. New Nomination System for Depositors One of the most notable provisions of the
Business Finance

PCI Proposes MDR on UPI and RuPay Transactions

By BPN News Desk
The Payments Council of India (PCI), a representative body of digital payment service providers, has proposed the introduction of a 0.30% Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions conducted by large merchants. MDR refers to the fee paid by merchants to banks and payment facilitators for processing digital transactions. This

Important Links

 

Bharat Pulse News is an independent news platform committed to bringing you the truth, unfiltered and unadulterated. In an era of sensationalism and clickbait, we strive to stand apart by providing factual, in-depth reporting that speaks directly to the issues that matter most to the people of India.

Post Gallery

  • Image Credit: X account @WhiteHouse
  • Image Credit: Ministry of Railways

At Bharat Pulse News, our mission is to deliver clear, unbiased, and factual news to the people of India. We are committed to transparency, integrity, and reporting without sensationalism or bias. Our goal is to empower readers with reliable information, free from clickbait and propaganda, fostering informed decision-making and promoting a more honest media landscape.