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Indian Banks' Association

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Last Updated: Just Now

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Banking, Fintech & Insurance 15 Oct 2026, 08:08 PM IST

Proposed 0.4% UPI Merchant Fee Will Not Be Passed to Consumers, Government Sources Say

Government sources have clarified that the proposed 0.4% merchant fee on UPI transactions above Rs 2,000 will not be charged to consumers, easing concern over a possible cost increase in India’s most widely used digital payments system. The National Payments Corporation of India said only a small portion of UPI transactions may be affected, while the Indian Banks’ Association is expected to address market misunderstandings soon.

By RDU Global Wire5 min read

Banking, Fintech & Insurance15 Oct 2026, 12:20 AM IST

Proposed 0.4% UPI Merchant Fee Will Not Be Passed to Consumers, Sources Say

Government sources have clarified that a proposed 0.4% merchant fee on UPI transactions above Rs 2,000 will not be charged to consumers, easing concerns over a possible rise in digital payment costs. The National Payments Corporation of India said only a small portion of UPI transactions may be affected, while the Indian Banks' Association is expected to address market misunderstandings soon.

5 min readRead →

Banking, Fintech & Insurance08 Oct 2026, 09:02 AM IST

Proposed 0.4% UPI Merchant Fee Will Not Be Passed to Consumers, Government Sources Say

Government sources have clarified that the proposed 0.4% merchant fee on select UPI transactions above Rs 2,000 will not be charged to consumers, seeking to calm concerns over a possible rise in digital payment costs. While only a small portion of UPI transactions may be affected, the levy is expected to be shared among banks and other stakeholders within the payments ecosystem.

4 min readRead →

Banking, Fintech & Insurance08 Oct 2026, 03:29 AM IST

Bank Unions Defer Three-Day Strike After Talks With IBA, High-Level Committee Planned

Bank employee unions have deferred their planned three-day nationwide strike after fresh talks with the Indian Banks' Association, easing the immediate risk of disruption across the banking system. The discussions have paved the way for a new high-level committee to examine long-pending demands, including a five-day workweek and concerns over the Performance Linked Incentive scheme for senior officers.

6 min readRead →

Banking, Fintech & Insurance07 Oct 2026, 03:30 PM IST

Bank Unions Defer Three-Day Strike After Talks With IBA, Open Door to Holiday and Incentive Talks

Bank unions have deferred their planned three-day nationwide strike after discussions with the Indian Banks' Association, easing the immediate risk of disruption across the banking system. The talks are expected to lead to a high-level committee that will examine key employee demands, including a five-day workweek and concerns over the Performance Linked Incentive scheme for senior officers.

5 min readRead →

Banking, Fintech & Insurance06 Oct 2026, 07:44 PM IST

Proposed 0.4% UPI Merchant Fee Will Not Be Passed to Consumers, Government Sources Say

Government sources have clarified that the proposed 0.4% merchant fee on certain UPI transactions above Rs 2,000 is not intended to be passed on to consumers, easing concerns over a possible cost increase for digital payments. The National Payments Corporation of India has said only a small portion of UPI transactions may be affected, while the Indian Banks' Association is preparing to address market misunderstandings about the charge.

5 min readRead →

Banking, Fintech & Insurance06 Oct 2026, 04:59 PM IST

Proposed 0.4% UPI Merchant Fee Will Not Be Passed to Consumers, Sources Say

Government sources have clarified that a proposed 0.4% merchant fee on UPI transactions above Rs 2,000 will not be charged to consumers, easing concerns over a possible cost increase for digital payments. The National Payments Corporation of India said only a small portion of transactions may be affected, while the Indian Banks' Association is expected to address market misunderstandings soon.

5 min readRead →

Banking, Fintech & Insurance05 Oct 2026, 10:39 AM IST

Bank Unions Defer Three-Day Strike After Talks With IBA, High-Level Panel Planned

Bank unions have deferred a planned three-day nationwide strike after discussions with the Indian Banks' Association, easing immediate disruption risks across the sector. The talks have set the stage for a new high-level committee to examine key employee demands, including the long-pending issue of Saturdays as holidays and concerns over the Performance Linked Incentive scheme for senior officers.

5 min readRead →

Banking, Fintech & Insurance05 Oct 2026, 10:13 AM IST

Bank Unions Defer Three-Day Strike After Talks With IBA, Set Up Panel on Key Demands

Bank unions have deferred their planned three-day nationwide strike after discussions with the Indian Banks' Association, easing the immediate risk of disruption across the banking system. The talks have led to the formation of a high-level committee to examine employee demands, including Saturdays as holidays and concerns over the Performance Linked Incentive scheme for senior officers.

6 min readRead →

India Sports & Cricket04 Oct 2026, 04:28 AM IST

KSCA Seeks 50 Acres in Mangaluru for Cricket Centre of Excellence

The Karnataka State Cricket Association has formally approached the Mangaluru Urban Development Authority seeking 50 acres of land to build major cricket infrastructure in the coastal city. In a letter to MUDA chairperson, KSCA Honorary President B. K. Venkatesh Prasad said the association is committed to developing the proposed facility into a Centre of Excellence for the sport.

5 min readRead →

India Entertainment & Culture04 Oct 2026, 02:00 AM IST

Radhakrishna Malineni Reflects on 26 Years in Telugu Television as 'Seetaramayya Gari Manavaralu' Extends His Legacy

Veteran director Radhakrishna Malineni is marking 26 years in Telugu television with a career that has tracked the medium’s evolution from family-centric storytelling to more layered social narratives. His latest project, 'Seetaramayya Gari Manavaralu' on E TV, underscores the enduring appeal of values, women’s resilience and intergenerational family legacy in Indian entertainment.

5 min readRead →

India Sports & Cricket03 Oct 2026, 08:56 AM IST

Kumkum Mohod Makes History With Asian Games Recurve Gold and Olympic Quota

Kumkum Mohod delivered a landmark performance in recurve archery, becoming the first Indian woman to win an Asian Games medal in the individual event and sealing a coveted Olympic quota place in the process. Her breakthrough marks a significant moment for Indian archery, combining personal triumph with broader national significance.

4 min readRead →

Banking, Fintech & Insurance03 Oct 2026, 03:38 AM IST

Banks Set to Remain Open on September 28 as Proposed Strike Is Deferred

Banks across India are expected to operate normally on September 28 after the proposed strike by bank unions was deferred following discussions with the Indian Banks' Association. A high-level committee will now examine unresolved demands, including the issue of declaring Saturdays as holidays, while customers are advised to confirm local branch timings before visiting.

5 min readRead →

Automotive, EVs & MobilityJust now (06:30 PM IST)

Jammu and Kashmir Notifies Six-Year Electric Vehicle Policy to Accelerate Clean Mobility

The Jammu and Kashmir government has notified its Electric Vehicle Policy 2026, setting out a six-year roadmap to expand clean, affordable and weather-resilient electric mobility across the Union Territory. The policy is aimed at lowering transport emissions, improving energy efficiency and building a more reliable EV ecosystem suited to the region’s terrain and climate.

5 min readRead →

Markets, IPOs & WealthJust now (04:49 AM IST)

FPIs Pull Record ₹3 Lakh Crore From Indian Equities in Nine Months as Global Headwinds Intensify

Foreign portfolio investors have withdrawn more than ₹3 lakh crore from Indian equities in the first nine months of 2026, marking the largest outflow on record and underscoring a sharp shift in global risk appetite. Rising US bond yields, persistent geopolitical tensions and a stronger pull toward safer assets have combined to weaken India’s relative appeal, raising questions about whether further selling pressure lies ahead.

5 min readRead →

Banking, Fintech & InsuranceJust now (10:56 PM IST)

Bank Unions Defer Three-Day Strike After Talks With IBA, Open Door to Holiday and Incentive Negotiations

Bank unions have deferred their planned three-day nationwide strike after discussions with the Indian Banks' Association, easing the immediate threat of disruption across the banking system. The talks are expected to continue through a newly proposed high-level committee that will examine long-pending employee demands, including a five-day workweek and concerns over the Performance Linked Incentive scheme for senior officers.

5 min readRead →

Banking, Fintech & InsuranceJust now (12:27 PM IST)

Banks Set to Stay Open on September 28 as Strike Is Deferred After Talks

Banks in India are expected to operate normally on September 28 after a proposed strike by bank unions was deferred following discussions with the Indian Banks' Association. The move eases immediate disruption for customers, though branch timings and local arrangements may still vary and should be confirmed before travel.

4 min readRead →

Banking, Fintech & InsuranceJust now (05:53 AM IST)

Proposed 0.4% UPI Merchant Fee Will Not Be Passed to Consumers, Government Sources Say

Government sources have clarified that the proposed merchant fee on UPI transactions above Rs 2,000 is not intended to be charged to consumers, easing concerns over a possible rise in digital payment costs. The National Payments Corporation of India said only a small portion of UPI transactions may be affected, while the Indian Banks' Association is expected to address market confusion soon.

5 min readRead →

India Sports & CricketJust now (11:41 PM IST)

Banks to Remain Open on September 28 as Strike Is Deferred After Union-IBA Talks

Banks across India are expected to operate normally on September 28 after the proposed strike by bank unions was deferred following discussions with the Indian Banks' Association. The latest development reduces the immediate risk of disruption for customers, though branch-level timings and local arrangements may still vary. A high-level committee will now examine unresolved demands, including the long-running issue of Saturday holiday declarations.

5 min readRead →

Banking, Fintech & InsuranceJust now (09:17 PM IST)

India Likely to Finalise High-Level Banking Panel by October-End

India is expected to finalise a high-level panel on banking by the end of October, according to people familiar with the matter, in a move that could shape the next phase of policy dialogue across banking, fintech and payments. The proposed panel is likely to include a former Reserve Bank of India deputy governor, senior fintech industry leaders and an Indian Banks’ Association nominee, signalling an effort to balance regulatory experience with market expertise.

5 min readRead →

India Sports & CricketJust now (10:56 AM IST)

Lovlina Borgohain Reaches Asian Games Final, Secures Historic Silver; Priya and Kapil Bow Out with Bronze

Lovlina Borgohain became the first Indian woman boxer to reach consecutive Asian Games finals, guaranteeing India at least a silver medal and keeping alive her bid for gold. Priya and Kapil ended their campaigns with bronze, adding to India’s boxing tally in a session that underlined both depth and the pressure of medal-round margins.

5 min readRead →

Banking, Fintech & InsuranceJust now (08:11 AM IST)

Bank Unions Defer Three-Day Strike After Talks With IBA

Bank unions have deferred their planned three-day nationwide strike after discussions with the Indian Banks' Association, easing immediate disruption risk across the sector. A new high-level committee will be set up to examine key employee demands, including a five-day workweek and concerns over the Performance Linked Incentive scheme for senior officers.

5 min readRead →

Banking, Fintech & InsuranceJust now (06:28 AM IST)

Banks Set to Remain Open on September 28 as Proposed Strike Is Deferred

Banks across India are expected to operate normally on September 28 after the proposed strike by bank unions was deferred following talks with the Indian Banks' Association. A high-level committee will now examine unresolved demands, including the long-pending issue of Saturday holiday declarations, while customers are advised to confirm local branch timings before visiting.

4 min readRead →

Banking, Fintech & InsuranceJust now (02:16 AM IST)

India Likely to Set Up High-Level Banking Panel by October-End

India is expected to constitute a high-level panel on banking by the end of October, with its composition now being finalised, according to people familiar with the matter. The proposed body is likely to include a former Reserve Bank of India deputy governor, senior fintech industry leaders and an Indian Banks’ Association nominee, signalling a broad review of banking-sector priorities at a time of rapid digital change.

5 min readRead →

Banking, Fintech & InsuranceJust now (05:14 PM IST)

High-Level Banking Panel Likely by October-End as Composition Is Finalised

India is expected to set up a high-level panel on banking by the end of October, with its composition now being finalised, according to people familiar with the matter. The proposed body is likely to include a former Reserve Bank of India deputy governor, fintech industry leaders and an Indian Banks’ Association nominee, signalling a broad-based review of sector priorities.

5 min readRead →

Banking, Fintech & InsuranceJust now (03:11 PM IST)

Banks to Remain Open on September 28 as Strike Is Deferred After Union-IBA Talks

Banks across India are expected to operate normally on September 28 after the proposed strike by bank unions was deferred following discussions with the Indian Banks’ Association. The development eases immediate disruption fears for customers, though branch-level timings and local arrangements may still vary. A high-level committee is set to be formed to examine unresolved demands, including the long-standing issue of Saturday holiday declarations, signalling that the broader labour-management dispute remains active.

4 min readRead →

Banking, Fintech & InsuranceJust now (12:26 PM IST)

India Likely to Set Up High-Level Banking Panel by October-End

India is likely to constitute a high-level panel on banking by the end of October, with its composition now being finalised, according to people familiar with the matter. The proposed body is expected to include a former Reserve Bank of India deputy governor, fintech industry leaders and a nominee from the Indian Banks’ Association, signalling a broad-based review of banking priorities.

5 min readRead →

Banking, Fintech & InsuranceJust now (09:18 AM IST)

Banks Set to Remain Open as Strike Is Deferred After Talks With Lenders

Banks are expected to function normally on September 28 after a proposed strike by bank unions was deferred following discussions with the Indian Banks’ Association. The development eases immediate concerns for customers, though branch-level timings and local arrangements may still vary and should be checked before visiting.

4 min readRead →

Banking, Fintech & InsuranceJust now (07:34 AM IST)

Proposed 0.4% UPI Merchant Fee Will Not Be Passed to Consumers, Government Sources Say

Government sources have clarified that the proposed 0.4% merchant fee on UPI transactions above Rs 2,000 will not be levied on consumers, easing concerns over a possible cost increase in digital payments. The National Payments Corporation of India said only a small portion of UPI transactions may be affected, while the Indian Banks' Association is expected to address market misunderstandings soon.

5 min readRead →

Banking, Fintech & InsuranceJust now (06:04 PM IST)

Banks to Stay Open on September 28 as Strike Is Deferred After Union-IBA Talks

Banks are expected to function normally on September 28 after a proposed strike by bank unions was deferred following discussions with the Indian Banks' Association. The move eases immediate disruption for customers, though the underlying demands, including Saturday holiday recognition, remain unresolved and will be taken up by a high-level committee.

4 min readRead →

Banking, Fintech & InsuranceJust now (02:17 PM IST)

Proposed 0.4% UPI Merchant Fee Won’t Hit Consumers, Government Sources Say

Government sources have clarified that a proposed 0.4% merchant fee on UPI transactions above Rs 2,000 will not be passed on to consumers, easing concerns over a possible cost increase for digital payments. The National Payments Corporation of India said only a small portion of UPI transactions may be affected, while the Indian Banks’ Association is expected to address market misunderstandings soon.

5 min readRead →

Banking, Fintech & InsuranceJust now (01:15 PM IST)

Proposed 0.4% UPI Merchant Fee Won’t Hit Consumers, Government Sources Say

Government sources have clarified that the proposed 0.4% merchant fee on UPI transactions above Rs 2,000 will not be passed on to consumers, easing concerns over a possible cost increase in India’s most widely used digital payment rail. The National Payments Corporation of India said only a small portion of UPI transactions may be affected, while the Indian Banks’ Association is expected to address market misunderstandings soon.

5 min readRead →

🏢 About this Entity

Corporations, startups, regulatory bodies, central banks, ministries and judicial courts. All news mentioning this entity is automatically verified and aggregated into this live intelligence dossier.

Co-Occurring Entities

Entities frequently referenced alongside Indian Banks' Association:

New Delhi(32)India(17)National Payments Corporation of India(16)United Forum of Bank Unions(7)Finance Ministry(6)Reserve Bank of India(4)