RBI - Page: 3

T Rabi Sankar On RBI's Key Focus Areas For Financial Inclusion

Deputy governor of RBI said that RBI mainly focuses to scale the digital infrastructure while preserving the technical stability

Teena Jose

NPCI Directs Payment Apps Not To Charge Platform Fee On BBPS

The reports said that government is likely to treat the unified payments interface (UPI) as public good in which customers do not required paying

Teena Jose

RBI Lifts Ban On American Express

As per the RBI norms, American Express have been required to store Indian payment data locally since October 2018

Teena Jose

Decoding RBI's Digital Lending Guidelines

With regulated digital platforms, more informed and smarter decisions could be made about getting digital credit

Akshay Mehrotra

Government Is Not Considering Any Charges For UPI, Says Finance Ministry

The ministry also said that the concerns of the service providers for cost recovery have to be met through other means

Teena Jose

Big Bang Privatization Can Do More Harm Than Good, Says RBI

The national council of applied economic research (NCAER), on the other hand, reportedly, said that all public sector banks, except the State Bank of India, should be privatized

Teena Jose

RBI Releases Most Anticipated Digital Lending Guidelines

The new guidelines will be applicable to all the financial institutions that extend digital loans

Teena Jose

RBI Increases Repo Rate: Here's How It Will Impact You

The central bank hiked repo rate by 50 basis points to 5.4 per cent

UPI Transactions Record 6 Billion Mark In July

PM Modi said this accomplishment indicates the collective resolve of the people of India to embrace new technologies and make the economy cleaner

Teena Jose

Credit Cards Likely To Be Linked With UPI In Two Months

This comes in line after the announcement of RBI governor, Shaktikanta Das, on the allowing of linking the credit cards to UPI to facilitate payments

Teena Jose

OPEN's Cross-Border Payments Products Get Nod From RBI

RBI, in its statement, described OPEN's product as a blockchain-based cross-border system, leveraging the current infrastructure and ensuring frictionless and tamperproof monitoring capabilities

Teena Jose

Cashfree Payments Receives RBI Nod For Cross Border Payments Product

The products will enable Indian fintech companies to offer the purchase of shares, exchange-traded funds units and other assets listed on foreign exchanges via UPI or net banking as a feature to Indian investors

Teena Jose