Rbi News
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Paytm Will Reapply To Be A 'Payment Aggregator': Will It Affect End Users?
Paytm, a leading digital financial service provider in India has confirmed it will resubmit its application to operate as a Payment Aggregator. The Reserve Bank of India (RBI) has asked the company...
November 27, 2022 | Tech biz -
RBI Authorizes BBPS to Allow Cross-Border Inbound Payments; Will it Boost Economy?
The Reserve Bank of India (RBI) has authorized the Bharath Bill Payment System (BBPS) to process cross-border inbound payments for NRIs (non-resident Indians). With the inbound cross-border...
September 16, 2022 | News -
RBI Allows UPI Credit Card Linking: All You Need To Know
There is good news for credit card users in India. The Reserve Bank of India (RBI) has made a new announcement for credit card users. Going by the same, it is now possible to link UPI and credit...
June 8, 2022 | News -
RBI must ensure the safety of the data trail that cryptocurrency can leave, says Assocham
Describing the RBI move to explore and examine the introduction of official virtual currency in the country, the ASSOCHAM has, however, cautioned that extreme care is taken to ensure the safety of...
April 9, 2018 | News -
Airtel Payments Bank asked to pay Rs. 5 crore fine by RBI for KYC violation
The Reserve Bank of India (RBI) has asked Airtel Payments Bank to pay a fine of Rs. 5 crore for violating Know Your Customer (KYC) norms, said an official statement. The apex bank said that their...
March 10, 2018 | News -
COAI wants Govt to address financial crisis in telecom industry
Cellular Operators Association of India (COAI) has said that the Government should address "utmost urgency" the financial crisis in the telecom industry, PTI reported. "We are glad that RBI has...
April 19, 2017 | Telecom News -
RBI launches app for Android and iOS
On Friday, the Reserve Bank of India (RBI) has announced the launch of its official mobile application on both Android and iOS platforms. The RBI app can be downloaded from the Google Play Store or...
March 11, 2017 | Apps News -
Paytm to invest Rs 600 crore in QR
In a bid to get more gains from demonitization, Paytm plans to invest over Rs. 600 crore to develop a (quality response code) QR-based payments solution. If you are not familiar with QR code, it is...
February 20, 2017 | Apps News -
RBI relaxes 2FA norms for transactions up to Rs. 2,000: Everything You Need To Know
The Reserve Bank of India has today relaxed norms for additional factor of authentication (AFA) for payments up to Rs 2,000. Under the new norm, only authorised card networks will provide such...
December 7, 2016 | Internet Features -
RBI Website Refurbished for Easy usage, Increased Outreach
The Reserve Bank of India (RBI) has refurbished its website to make it more user friendly and to reach out to the people through social media, a senior official said. "This is the third time we are...
April 16, 2015 | News -
RBI warns public against 'balance checking' app
The Reserve Bank of India (RBI) on Saturday warned the general public that it has not developed any software application allowing a person to check balances in various bank accounts. In a...
April 11, 2015 | News -
Why the RBI Ban On Zero percent EMI Schemes Is Good News For You
In an effort to come down on unhealthy practice in retail loans, the Reserve Bank of India has asked banks to refrain from offering 0% Equated Monthly Installment (EMI) schemes on consumer products...
September 26, 2013 | Mobile
