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RBI to introduce a new lightweight payment system, calls it “a bunker equivalent in payment systems”
The Lightweight Payments and Settlement System is meant to enable transactions in catastrophic events like calamities and wars.
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The Lightweight Payments and Settlement System is meant to enable transactions in catastrophic events like calamities and wars.
MediaNama filed an RTI asking about the Finance Ministry's expenditure on the promotion of UPI and RuPay which was forwarded to RBI, but to...
Earlier in February, the Ministry of Finance told the parliament that a whitelist of permitted digital lending apps has been given by the RBI...
While the Reserve Bank of India has not made a conclusive statement on the matter, it appears that the project is currently in limbo.
The Reserve Bank of India (RBI) appears to be checking adherence to the digital lending guidelines issued last September.
MK Jain, Deputy Governor of India's central bank, explains the various benefits and risks posed by FinTech and how India is trying to balance...
RBI imposed a monetary penalty of Rs 3.06 crores on Amazon Pay for non-compliance with KYC and Prepaid Payment Instrument (PPI) norms.
The Reserve Bank of India answers FAQs on digital lending guidelines at a time when the Indian govt is clamping down on predatory digital...
PayTM Payments Services and Ola Financial Services among those that had their applications returned: here's a complete list
Reserve Bank of India has cancelled licenses of two Non-Banking Financial Companies on account of violation of its guidelines in their digital lending operations
