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Fintechs doubtful about PPI-KYC wallet interoperability The RBI’s mandate to enable interoperability between full-KYC wallets and prepaid payment instruments (PPIs) has led to uncertainty...
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Why is India’s central bank wary of cryptocurrencies?
Fintechs doubtful about PPI-KYC wallet interoperability The RBI’s mandate to enable interoperability between full-KYC wallets and prepaid payment instruments (PPIs) has led to uncertainty...
The scope of blockchain tech in providing financial services was also revealed by the Ministry, separately.
The court has sought a response from India's largest lender after crypto traders were barred from transferring funds via UPI.
SBI Cards and Payment Services recently announced that the company has posted a net profit of Rs 175 cr, a whopping 110% increase for...
Payments service provider and credit card issuer SBI Cards and Payments Services Pvt. Ltd. is expecting to raise Rs 9,854 crore in its upcoming...
The State Bank of India wishes to “eliminate” the ubiquitous debit card from India’s banking system, the bank’s chairman Rajnish Kumar said on August...
SBI has reported a net profit of Rs 3,955 crore on the back of domestic credit growth, lower overhead expenses, amongst other reasons. Its...
Hitachi Payment Services Pvt Ltd (HPSPL) is investing Rs 1,250-1,500 crore in SBI Payment Services (SPS) for a 26% stake through subscription to new...
The Unique Identification Authority of India (UIDAI) has issued a circular (see bottom of the post) asking banks to not discontinue Aadhaar Enabled Payment...
State Bank of India , which has begun shutting down its SBI Buddy mobile service, said that its YONO (You Only Need One) app...
