The use of ChatGPT is continuously increasing in daily life. Now UPI payment can also be done through this AI chatbot. For this, ChatGPT maker OpenAI has partnered with National Payments Corporation of India (NPCI) and fintech company Razorpay. This is the first attempt to integrate real-time payment network with an AI chatbot in India. With its help, users will be able to do all their shopping through the chat interface itself. Let us know how this entire process will work.

The facility has just started as a pilot

This partnership was announced on October 9 and has just been launched as a pilot. During this, OpenAI will test how AI agents can conduct transactions in a secure, fast and user controlled manner. Currently it is in the testing phase and if the trial is successful then it can be implemented on a large scale. Currently, only selected users are able to use it on a few platforms.

You can make payment through ChatGPT on BigBasket

Tata Group’s e-commerce platform BigBasket is one of the first services which is allowing users to make payments through ChatGPT. Axis Bank and Airtel Payments Bank are associated as banking partners in this pilot.

The most popular method of UPI payment

UPI is the most popular method of digital payment in India and more than 20 billion transactions take place every month. About 80 percent of online transactions are done through UPI. Let us tell you that recently NPCI has started a new system, after which PIN will no longer be required for UPI payment. Users will also be able to make payment through fingerprint or Face ID.

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SBI Hikes Home Loan Interest: The country’s largest government bank has given a blow to the dreams of the people who are planning to buy a house. State Bank of India (SBI) has decided to increase interest rates on home loans. The bank has increased 25 basis points in the upper band of interest rates. Earlier SBI’s home loan interest was between 7.50% to 8.45%, but now it has increased between 7.50% to 8.70%. That is, the lower limit has been kept the same, while the upper limit has been increased.

It is worth noting that in July also, SBI’s interest rate range was 7.50% to 8.45%. After this new change, now new customers will have to pay interest from 7.50% to 8.70%.

SBI shock to home buyers

In the end of July, Union Bank of India also increased the interest rates from 7.35% to 7.45%. In private banks, ICICI is providing home loans at 8%, HDFC 7.90% and Axis Bank 8.35% at the minimum interest rate.

This increase has been made by the bank at a time when the RBI is constantly trying to give relief to the people by cutting the repo rate. This step of SBI will affect especially the customers whose credit score is low, as the upper interest rate limit has been increased.

It is believed that after SBI, other public sector banks can also take such steps soon. According to the ET report, this change will currently be applicable only to new home loan customers.

Protean egov share low: A news came from the Income Tax Department that the Income Tax Department has not named Protean Egov Tehnologies in its PAN 2.0, after which there has been a tremendous decline in the stock of this company. On Tuesday i.e. May 20, the business started and its stock slipped to the level of Rs 995. This is the lowest level during the last 52 weeks i.e. one year. A day earlier, on Monday, the stock had a lower circuit of 20 percent.

At around 11.24 am, Protean Egov Technologies shares were trading at 1,073.20 levels at Rs 70, or 6.12 percent, at 1,073.20. The management has been told by the company that its business is not going to be affected by the absence of this project.

Protein Egov Technology told that PAN 2.0 has no connection with the processing and distribution of the project and RFP is a long -term sto, so it is not going to have any effect on its financial situation.

Project came out of the company’s hand

In the information sent to the stock market on Sunday, the protein was told by the Egav that the proposal for the development, design, operation, maintenance and implementation of PAN 2.0 was issued by the Income Tax Department for the managed service provider. Also, a notice was also issued to order dialects. The company told in the regulatory filing that he had participated in the RFP dialect for that project.

Protein Egov Technology shares have seen a decline of about 15 percent during the last 12 months. The company said in its statement that this project is associated with technology improvement from their understanding, so it includes the design of PAN system, development and other things in the Income Tax Department.
The company further said that its impact on their service of issuing PAN processing under their current contract with income tax is very limited.

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Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

Axis bank layoffs: Employees are going to be trimmed in Axis Bank, the third largest bank in private sector in the country. According to an Economic Times report, the bank has asked many of its employees to leave the job. This retrenchment is part of the bank’s regular appraisal process, in which the staff is being rewarded or promoted on the basis of performance.

More than 100 senior staff trimmed

According to the report, the bank has asked more than 100 senior staff to quit his job. Axis Bank MD Amitabh Chaudhary has said on this, “Like every organization, we also run a detailed apprazal cycle at the end of the financial year.” While announcing the results of the bank’s March quarter on April 24, he said, “Many employees have been awarded or promoted.” Some are left behind in terms of performance. ”

Therefore everyone’s performance is important

He further said, “The banking industry has to face challenges in many different sectors. Some business flourishes, and some remain under pressure. The bank continues to invest heavy in some areas and in such a situation, the performance of each one becomes necessary. Based on this, the trimming also becomes necessary. This is a regular part of our annual cycle. ”

Sleake in bank’s profits in fourth quarter

In the March quarter of FY 2025, the bank registered a profit of Rs 7,117 crore against the previous year’s Rs 7,130 crore. The bank’s earnings have increased by only 6 percent from interest, which has increased to Rs 13,811 crore in FY 2025 as against Rs 13,089 crore in FY 2024.

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If you have Axis Bank Vistara Credit Card, then this video is very important for you! After the closure of Vistara, Axis Bank has made major changes in the terms and benefits of its Vistara Card. Some travel rewards such as Complimentary Maharaja Club Membership and Free Ticket Vouches will no longer be available. However, you can still earn Maharaja Points on Eligible Transactions and take advantage of Premium Benefits such as LOUNGE Access and Dining Discounts. Know the new conditions in this video, which customers will get free renewal, and on which transactions will not get points.