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Why does India have 4 funds transfer systems? And what are the differences between them?
anshul gupta
4,779 posts
anshul gupta
@anshgupta64
- Market share of Rupay in the Indian Card Market:- 2013 - 0.6% 2017 - 15% 2022 - 60% A thread on how a 10 year old domestic card network is giving a tough fight to market leaders like Visa and MasterCard
- India has ₹35,000 crores as unclaimed bank deposits. To solve this problem, RBI has launched its UDGAM portal where you can find your unclaimed deposits. Short thread on how this works 🧵
- Visa Market Share - 52.6% Amex Market Share - 19.6% Visa Revenue 2022 - $29.3 B Amex Revenue 2022 - $50.6 B What is the secret of American Express?
- Indian Railways had a revenue of ₹2.4 lakh Cr in FY23! In terms of profit, East Costal Railway was the most profitable railway network in India. Let's understand how Railways earn?🧵
- What if people are using your name to buy SIM cards? The government has introduced a portal named Sanchar Saathi, where you can find and report fraud numbers registered under your name!! How to check: 1) Visit bit.ly/sancharsaathi-… 2) Log in through OTP 3) Select the fraud
- Direct tax contributes ~30% to the Union Budget. Out of every ₹100 that a state pays in direct tax, how much direct tax does it get back? Why does Maharashtra get back ₹7, UP get back ₹333 and Bihar get ₹922?
- 4 new features have been added to the UPI network! This move is to target 100 billion transactions monthly 1. Hello UPI - you can make UPI payments by just chatting
- We celebrate stories like UPI, IT sector or even big companies. But we miss: are things becoming better for the average Indian? I tried to compare the past few National Family Health Surveys to see if things have genuinely improved and was not disappointed.
00:00- No this is not the UPI graph. This is India’s silent solar revolution. Over the past decade, India has been steadily adding solar power capacity. We have taken ambitious targets to reduce global warming. But why?
- RBI’s Annual Report 2022-23 was released today. It has been a great year for the economy overall. Some highlights from the report A 🧵
- RBI has announced 2 major changes in UPI - The transaction limit increased from ₹1 lakh to ₹5 lakhs for payments to hospitals and educational institutions - The transaction limit increased from ₹15,000 to ₹1 lakh for recurring payments like credit card repayment, mutual
- Income tax data for FY23 has been released by the Income Tax Dept. A short thread 🧵
