SBI will charge Rs 15 for SMS alerts per quarter from debit card holders who maintain average quarterly balance of up to Rs 25,000 during the three months. There will be no charge for UPI/USSD transactions of up to Rs 1,000. Axis Bank Axis Bank customers will be allowed five free tran...
The company attributed the strong performance of its payments segment to controlling fixed costs, monetisation of merchant network and launching new products like Pocket UPI, which allows users to pay on the UPI network with a digital wallet. The sluggish performance of the lending business was...