The rise of bank branches amid digitization isn't a contradiction – it's a strategic evolution. While UPI and internet banking powers our daily transactions, banks know that trust is built in-person. This "phygital" approach represents India's unique financial development path. Unlike Western markets where branches are disappearing, our banks are using physical presence as launching pads for digital adoption. SBI's data shows digital adoption increases 37% when customers are onboarded through branches first. What's your experience? Do you still visit bank branches or handle everything through apps? Let us know in the comments! #HDFC #BankingIndustry #UPI #MotilalOswal #HDFC #BankingIndustry #UPI #MotilalOswal
#MorningIndia | Your daily News tracker! ☕ ✅ RBI has set a cash disbursal limit of Rs 20,000 for loans by NBFCs ✅ UPI service providers want regulators to help make transactions profitable ✅ Bitumen sales peaked in FY24, reaching a 10-year high #RBI #NBFCs #UPI #StockMarketIndia #StockMarket #ShareMarket #ShareMarketIndia #IndianShareMarket #IndianStockMarket #FinanceNews #Finance101 #Finance #IndianFinance #MotilalOswal #MorningIndia #RBI #NBFCs #UPI #StockMarketIndia #StockMarket #ShareMarket #ShareMarketIndia #IndianShareMarket #IndianStockMarket #FinanceNews #Finance101 #Finance #IndianFinance #MotilalOswal
#MorningIndia | Your daily News tracker! ☕ ✅ Airfares surge by 20-25% due to Vistara's issues & high travel demand ✅ Tata Motors leads EV retail sales growth in FY24 ✅ Paytm's UPI share falls to 9%, a 4-year low, after shutting Payments Bank #Vistara #IndiGo #TataMotors #PayTM #UPI #NPCI #StockMarketIndia #StockMarket #ShareMarket #ShareMarketIndia #IndianShareMarket #IndianStockMarket #FinanceNews #Finance101 #Finance #IndianFinance #MotilalOswal #MorningIndia #Vistara #IndiGo #TataMotors #PayTM #UPI #NPCI #StockMarketIndia #StockMarket #ShareMarket #ShareMarketIndia #IndianShareMarket #IndianStockMarket #FinanceNews #Finance101 #Finance #IndianFinance #MotilalOswal
Want to know more about the latest development in the financial sector? 🚨 Jio Finance Ltd. has made a bold entry into the UPI Payments sector, which has lead the stock to a remarkable 12% gain. 📈 Learn how the introduction of Jio Soundbox, similar to Paytm Soundbox, amplifies the capabilities of the Jio Pay App, marking a strategic move to expand business reach and redefine the future of digital payments in India. 💰 #JioFinance #UPIPayments #StockMarket #MotilalOswal #JioFinance #UPIPayments #StockMarket #MotilalOswal
#MorningIndia | Your daily News tracker! â˜•ï¸ âœ… UPI transactions to increase by 118% in 2023 ✅ HDFC Bank issues bonds worth ₹7,425 crore ✅ Indian Auto Component Industry Witnesses a 13% Growth #HDFC #HDFCBank #Bonds #UPI #UPITrasactions #Automobile #AutomobileIndustry #StockMarketIndia #ShareMarket #ShareMarketIndia #IndianStockMarket #DalalStreet #AmbujaCement #AutoIndustry #NBFC #NBFCs #MotilalOswal #MorningIndia #HDFC #HDFCBank #Bonds #UPI #UPITrasactions #Automobile #AutomobileIndustry #StockMarketIndia #ShareMarket #ShareMarketIndia #IndianStockMarket #DalalStreet #AmbujaCement #AutoIndustry #NBFC #NBFCs #MotilalOswal
The RBI has allowed operation of pre-sanctioned credit lines at banks through UPI. RBI Governor Shaktikanta Das said “Scope of UPI to be expanded, by permitting operation of pre-sanctioned credit lines at banks, through UPI. This will further encourage innovation,†said Das.What do you think about this initiative of the RBI ? Let us know in the comments below. #MotilalOswal #UPI #UPIpayments #RBI #ReserveBankofIndia #ShaktikantaDas #Credit #Loans #Finance #CreditCards