In a major step towards modernising India’s financial regulations, the Reserve Bank of India (RBI) has released a draft of new comprehensive banking rules covering 238...
[ad_1] The National Payments Corporation of India (NPCI), the body overseeing the country’s widely used Unified Payments Interface (UPI) mobile payment system, is going to meet...
[ad_1] The Reserve Bank of India (RBI) has proposed to introduce a new system to verify digital transactions. This new principle-based framework aims to replace the...
[ad_1] Reserve Bank of India has finally broken its silence on the ban on Paytm Payments Bank. Senior RBI officials said that barring Paytm Payments Banks...
[ad_1] The Reserve Bank of India (RBI) recently ordered the closure of Paytm Payments Bank, saying that it found “persistent non-compliances and continued material supervisory concerns...
[ad_1] In a recent development, Paytm Payments Bank Limited (PPBL), an associate of One 97 Communications Limited (OCL), has been directed by the Reserve Bank of...
The Reserve Bank of India (RBI) has put forth a proposal to enhance the per transaction payment limit for UPI Lite in offline mode to ₹500....
In a recent statement, the RBI Governor revealed that the Indian economy has shown a remarkable recovery and currently stands among the fastest-growing large economies in...
The Reserve Bank of India (RBI) has fined e-commerce giant Amazon’s payment arm, Amazon Pay, INR 3.07 Cr for violating prepaid payment instruments (PPIs) norms and...
According to a list released by the Reserve Bank of India, 32 entities have received “in-principle approval” to operate as online payment aggregators. 18 applications are...
