RBI

The move assumes significance as Paytm Payments Bank Limited (PPBL) is under the RBI's lens over persistent non-compliance and continued material supervisory concernsNew Delhi: Amid RBI's action on its associate firm, One 97 Communications on Friday said the board has...

The development comes on the heels of the RBI initiating regulatory actions against Paytm Payments BankNew Delhi: The Reserve Bank has asked international payments major Visa and Mastercard to stop card-based commercial payments made by small and large businesses...

One97 Communications Ltd (OCL) has an investment from Chinese firm Ant Group CoNew Delhi: The government is examining foreign direct investment from China in Paytm Payments Services Ltd (PPSL), the payment aggregator subsidiary of One97 Communications Ltd, sources said.In...

The central bank on Wednesday barred PPBL from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, among others after February 29, 2024New Delhi: Fintech firm Paytm sees an impact of Rs 300-500 crore on...

The central bank announced the construction of a composite RBI-DPI in March 2018 as a base to capture the extent of digitisation of payments across the countryNew Delhi: Digital payments across the country registered a growth of 10.94% in...

Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said that huge export opportunities are there in the e-commerce sectorNew Delhi: The commerce ministry's arm DGFT is working with the RBI and concerned ministries, including the finance ministry, on...

UPI has emerged as a preferred mode of payment for a large section of the population with over 11.23 billion transactions recorded in November New Delhi: On Tuesday, the Reserve Bank of India increased the limit for automatic payments through...

Unlocking India's e-commerce export potential to $350 billion by 2030 requires addressing banking issues that hinder growth and increase operational costsNew Delhi: Banking issues like reluctance to process forex received through alternate channels and high processing fees are hindering...

Similarly, the number of cards in use has also jumped by more than 5 million since January and crossed 87.4 million in the reporting month, making this also an all-time high in May, according to the RBI dataMumbai: Credit...

The list includes Amazon (Pay) India, Google India Digital Services, NSDL Database Management, and Zomato Payments, which can continue to operate as Online Payment Aggregators (PAs)Mumbai: The Reserve Bank on Wednesday released a list of 54 entities, including Amazon (Pay)...