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Visa's mysterious absence from the central bank's list of SAR compliant entities prompts further questions.
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Visa's mysterious absence from the central bank's list of SAR compliant entities prompts further questions.
The RBI had imposed these bans after observing that not all payments companies were storing data in India.
The concept was introduced by the RBI to offer flexibility in banking but many payments banks are now running losses.
The court has sought a response from India's largest lender after crypto traders were barred from transferring funds via UPI.
Paytm was fined under India's primary law for payments which arguably needs to be reassessed, according to a report.
Mastercard's non-compliance with data localisation norms laid down by the RBI had left Yes Bank with little choice.
The Walmart-owned digital payments firm has been given 12 months to launch its own AA platform.
As a part of its plan, the RBI had provided details on who could bid for licenses and set up operating parameters; it had...
India had an index score of 0.37 followed closely by Pakistan at third position with an index score of 0.36. Vietnam stood at the...
Apart from user sign-ups, WazirX also revealed interesting figures on signups by Indian women indicating that the lack of regulations in India has not dented...