RBI
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Tech News
Paytm Crisis: Non-Bank Lenders Said to Explore Options for Loan Disbursal
Indian non-bank lenders are looking at options other than Paytm for loan disbursal, worried about the regulatory crisis engulfing the…
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Tech News
EPFO to Halt Claims Made via Paytm Payments Bank Following RBI Restrictions
India’s state-run social security fund will halt claims made via Paytm Payments Bank accounts from Feb. 23, as the country’s…
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Tech News
India’s eRupee CBDC to Get Offline Payments Feature, Programmability Tweaks: RBI Governor
The Reserve Bank of India (RBI) is looking to adopt offline strategies to ensure that the eRupee CBDC enters the…
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Tech News
RBI Restricts Paytm Payments Bank From Taking New Deposits, Credit Transactions
The Reserve Bank of India on Wednesday restricted Paytm Payments Bank Ltd from taking fresh deposits and credit transactions across…
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Tech News
Davos 2024: RBI Governor Calls Crypto ‘Highly Speculative’ Amid Others Preaching Representation
The ongoing 2024 session of the annual World Economic Forum (WEF) in Davos has brought together leaders of global finance…
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Tech News
E-Rupee CBDC Said to Hit RBI Target of 1 Million Daily Transactions by End of 2023
Indian banks disbursed some employee benefits through the digital rupee in December, helping the Reserve Bank of India meet its…
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Tech News
PayPal Moves Delhi High Court Against Order Holding It as ‘Payment System Operator’ Under Money Laundering Law
American online payment gateway PayPal on Wednesday moved the Delhi High Court against an order which ruled that it was…
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Tech News
RBI Increases UPI Lite Transaction Limit to Rs. 500, Proposes AI-Powered ‘Conversational Payments’
Reserve Bank of India on Thursday announced to increase the transaction payment limit from Rs. 200 to Rs. 500 for…
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Tech News
RBI Assigns CBDC Expansion Targets to Banks, Aims for 1 Million Daily Transactions by December: Report
The Reserve Bank of India (RBI) is aiming to clock one million transactions in India’s under-trial CBDC, the eRupee, daily…
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Tech News
How to Exchange Rs. 2,000 Currency Notes Using the Amazon Pay Wallet in India
Amazon, earlier this week, made an announcement to allow customers to exchange their Rs. 2,000 notes. The statement came after…
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Tech News
Amazon to Help Indian Customers Exchange Rs. 2,000 Note via Amazon Pay Wallet: Here’s How
Amazon customers can now use their Rs. 2,000 notes to top up their Amazon Pay balances during cash-on-delivery orders, as…
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Tech News
Existing UPI QR Codes Could Begin Processing Transactions in eRupee CBDC: RBI’s T Rabi Sankar
India is planning to introducing its own blockchain-based eRupee CBDC for commercial use. The country is mulling more ways to…
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