July 29, 2025

UPI

Banking

Banking made easy for NRIs: IDFC First Bank enables UPI access for NRIs using international mobile numbers – Banking & Finance News

IDFC First Bank has introduced UPI (Unified Payments Interface) services for Non-Resident Indians (NRIs), allowing them to make digital payments in India using their international mobile numbers. This move eliminates the need for NRIs to maintain an Indian SIM card and simplifies access to India’s digital payment ecosystem. The service is available to customers holding

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Banking

Voice-based banking for financial inclusion of low-literate Indians

India has an estimated 18 crore low-literate people who struggle to read and write even in their native languages. With smartphone penetration crossing 650 million and regional content consumption skyrocketing, banks, startups, and government organisations are racing to bridge this divide by leveraging voice-based technology and Artificial Intelligence (AI). Earlier, we would pay EMIs in

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