RBI
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Tech News
RBI Deputy Governor Asks Banks to Gear for Blockchain Future as India Awaits Crypto Rules
Mahesh Kumar Jain, the Deputy Governor of the Reserve Bank of India (RBI), has predicted that technologies like blockchain and…
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Tech News
TRAI Directs Banks, Financial Institutions to Verify Headers, Templates in Drive to Crackdown on Pesky Texts
TRAI on Thursday said all principal entities, like banks, financial institutions, and others, need to complete the process of verification…
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Tech News
NCB Said to Have Busted Narcotics Gang Involved in DarkNet, Cryptocurrency
The Narcotics Control Bureau (NCB) has busted an international criminal gang that dealt in drugs using DarkNet and cryptocurrency with…
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Tech News
Paytm Wins RBI Extension for Payment Aggregator Licence Application: Details
Indian financial technology company Paytm Payments Services has received an extension from the country’s banking regulator to apply for a payment…
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Tech News
India’s CBDC Trials to Go International, RBI Partners With Central Bank of UAE: Details
India’s digital rupee CBDC, that was launched as part of a pilot test phase in November last year, is set…
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Tech News
UPI Should Become a Means of Financial Inclusion, Empowerment for Whole World: PM Modi
Prime Minister Narendra Modi on Tuesday said RuPay and UPI technologies are India’s identity in the world. “In the era…
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Tech News
Digital Payments Transformed Governance, Financial Inclusion in India, Says PM Modi at G20 Meet
Prime Minister Narendra Modi on Friday said India’s digital payments ecosystem has radically transformed governance, financial inclusion and ease of…
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Tech News
UPI-PayNow Integration for Cross-Border Payments: 5 Points on What the System Aims to Achieve
The Unified Payments Interface (UPI), the real-time bank-to-bank money transfer system developed and maintained by the National Payments Corporation of India (NPCI)…
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Tech News
Amazon, Google in RBI’s List of Online Payment Aggregators, Over 50 Entities Granted License to Operate
The Reserve Bank on Wednesday released a list of 54 entities, including Amazon (Pay) India, Google India Digital Services, NSDL…
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Tech News
CBDC Trials Expanding to 50,000 Users in India, RBI Backs Cautious Approach: Report
The trial for India’s upcoming central bank digital currency (CBDC) has been expanded to over 50,000 testers in the country.…
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Tech News
Digital Credit Service to Roll Out in 2023, UPI Services for NRIs to Be Made Available in 10 Countries
The government will roll out digital credit service this year which will enable even small street vendors to avail credit…
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Tech News
E-Rupee for Retail to Be Soon Piloted by 5 More Banks in 9 More Cities
Five more banks will join the pilot on the central bank digital currency or e-rupee for retail customers and the…
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