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The Reserve Bank of India (RBI) has made changes to its master direction on Know-Your-Customer (KYC) norms, including allowing banks to carry out Aadhaar...
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The Reserve Bank of India (RBI) has made changes to its master direction on Know-Your-Customer (KYC) norms, including allowing banks to carry out Aadhaar...
Indian lenders have asked the Reserve Bank of India (RBI) to allow customers with UPI 2.0-enabled devices to use the recurring payments feature for...
The Central government and the Reserve Bank of India (RBI) are in talks to allow the use of Aadhaar QR codes, instead of biometric eKYC...
A Right to Information (RTI) query has revealed that the Reserve Bank of India (RBI) has not issued any updates to the eKYC norms...
The Payments Council of India (PCI) has said that banks are yet to reimburse the Merchant Discount Rate (MDR) to payment companies, despite having...
In this report, we take a look at Canara Bank and Union Bank’s earnings for the quarter Q1FY19. Both banks have historically shied away...
Axis Bank says it processed over 79 million UPI transactions during the quarter ended June 30th, 2018, claiming to have a market share of...
The finance ministry, in a letter written to the chief executives of banks, has asked lenders to begin issuing near field communication (NFC)-enabled credit and debit cards...
In a major (and unexpected) development, the National Payments Corporation of India (NPCI) has asked banks to discontinue Aadhaar-based payments through the Unified Payments...
Kotak Mahindra Bank announced that its mobile banking has seen a growth of 172% (in volume) YoY in the quarter ending June, helping the...
