Reserve Bank of India
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Tech News
RBI, NIPL Working to Expand UPI to 20 Countries by 2028-29: RBI Annual Report
The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards taking UPI to 20…
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Tech News
Online Payment Frauds Jump Over 400 Percent in India, RBI Data Shows
Digital payment frauds in India saw a more than fivefold jump to 14.57 billion rupees ($175 million) in the year…
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Tech News
RBI Moves to Ensure UPI Transactions on Paytm Continue to Work After Strictures on Paytm Payments Bank
The Reserve Bank of India said on Friday it has asked the National Payments Corporation of India (NPCI) to examine…
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Tech News
RBI Not Planning Harsher Rules to Curb Fintech Sector After Paytm Strictures, Official Says
India’s banking regulator doesn’t intend to impose drastic measures on the country’s fintech sector, a senior official said, weeks after…
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Tech News
Paytm Shifts Nodal Account to Axis Bank, RBI Extends Unit Wind-Down Date to March 15
India’s Paytm Payments Bank has been given more time by the central bank to wind down its operations, while its…
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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
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
Reserve Bank of India Calls on More Lenders to Take Part in Pilot for Retail Digital Rupee: Report
The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes…
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Tech News
RBI Proposes Expanding Reach of UPI to Allow for Credit via Pre-Approved Bank Lines
The Reserve Bank of India (RBI) is proposing expanding the reach of the popular Unified Payments Interface (UPI) digital payments…
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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
Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank on Monday said it has received final approval from the Reserve Bank of India to operate as…
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Tech News
RuPay Payments: Singapore, UAE Express Interest in Accepting Payments System, Finance Minister Nirmala Sitharaman Says
Union Finance Minister Nirmala Sitharaman on Tuesday (local time) said that Singapore and UAE have shown interest to make the…
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