The RBI has instructed PPBL to halt all deposits, credit transactions, and top-ups in customer accounts by March 15, impacting 30 crore wallets and 3 crore bank customers. Additionally, NPCI has sanctioned One97 Communications Limited (OCL) to operate as a Third-Party Application Provider (TPAP) within a multi-bank framework.

Dheeraj Aneja, Senior VP of Fintech and Payments Group at Flipkart, highlighted the significance of Flipkart UPI, stating, "Flipkart UPI seamlessly merges the convenience and cost-effectiveness of UPI with the trusted efficiency customers expect from us." He emphasized Flipkart's commitment to delivering best-in-class commerce experiences by offering safe and convenient payment options along with various rewards and benefits such as Supercoins and Brand Vouchers.

Among the Sensex firms, Reliance Industries, ICICI Bank, Power Grid, Infosys, NTPC, Tech Mahindra, Tata Consultancy Services and UltraTech Cement were the major gainers.

Axis India Manufacturing Fund, an open-ended equity scheme, was open during December 1-15.