Soon, you will be able to deposit cash in banks through the popular Unified Payments Interface (UPI), a real-time payment system that facilitates inter-bank transactions via mobile phones. 
The Reserve Bank of India has announced that it will soon enable cash deposit facilities in banks through the popular UPI. While the RBI plans to issue operational guidelines for this service shortly, here's a quick explainer on what this means for consumers.

Soon, you will be able to deposit cash in banks through the popular Unified Payments Interface (UPI), a real-time payment system that facilitates inter-bank transactions via mobile phones.

RBI adds more features to UPI: Soon, you can deposit cash at ATMs via UPI

The Supreme Court on Monday said the petitions of e-commerce giants Amazon and Flipkart challenging an order of the Competition Commission of India ordering a probe against them for alleged malpractices should be transferred to the Karnataka High Court.
A bench of Justices Abhay S Oka and Manmohan issued a notice on the plea filed by the CCI which sought the transfer of the petitions filed by the e-commerce platforms from the high courts to the top court or the Delhi high court.
"Issue notice. Prima facie, we are of the view that all cases, which are pending in various High Courts should be transferred to Karnataka High Court for hearing," the bench said and posted the matter on January 6, 2025.
The top court, however, asked the Karnataka High Court not to proceed with the hearing on the petitions filed by e-commerce giants.
During the hearing, attorney general R Venkataramani submitted CCI did not have an objection if the matter was heard by the Karnataka High Court.
In its plea 

The top court, however, asked the Karnataka High Court not to proceed with the hearing on the petitions filed by e-commerce giants

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Stakeholders from the micro, small and medium enterprises (MSME) sought a reduction in GST, technology upgrade, and production-linked incentive scheme benefits for various segments in a pre-Budget meeting with Finance Minister Nirmala Sitharaman on Saturday.
The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1.
Members from the Association of Women Entrepreneurs of Karnataka (AWAKE); Karnataka SC and ST Entrepreneurs' Association; Plant-Based Food Industry Association (PBFIA); Ambala Scientific Instruments Manufacturers' Association (ASIMA); Rajasthan Footwear Manufacturers' Association were among the participants at the meeting.
The All-India Plastics Manufacturers' Association; All India Manufacturers' Association; Gujarat Chamber of Small Industries Association; Federation of Associations of Cottage and Small Industries (based in West Bengal); Federation of Andhra Pradesh Small and Medium Association; and Laghu Udyog 

The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1

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RBI adds more features to UPI: Soon, you can deposit cash at ATMs via UPI

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