This is likely to impact Business Payment Service Providers (BPSPs) that allow businesses to make card payments to non-card-accepting vendors and suppliers.
RBI is proposing to allow the programmability of digital rupees. "Programmability will permit users like, for instance, government agencies to ensure that payments are...
Indian startup founders appeal to the Prime Minister, Finance Minister, and RBI to review regulatory actions against Paytm Payments Bank, impacting Paytm and causing...
Self-regulation in the FinTech sector is a "preferred approach" for striking a balance between "facilitating innovation" and protecting consumers against risks, the RBI said...