RBI Gives In-Principle Approval to Sumitomo Mitsui Banking Corporation to Set Up a Wholly Owned Subsidiary
Mumbai: The Reserve Bank of India has granted in-principle approval to Japanese lender Sumitomo Mitsui Banking Corporation (SMBC) to set ...
Tag: RBI
Delhi Govt Signs MoU with RBI for Infrastructure Development
New Delhi: In a major financial reform, the Delhi Government signed a Memorandum of Understanding (MoU) with the Reserve Bank ...
DoT’s Fraud Risk Indicator Helps Prevent Rs 660 Cr Cyber Fraud Losses in Six Months
New Delhi: The Department of Telecommunications (DoT) has reported major gains in curbing cyber fraud through the Financial Fraud Risk ...
RBI Authorises Paytm Payments Services for Offline and Cross-Border Payments
New Delhi: Fintech firm One97 Communications announced that its subsidiary, Paytm Payments Services Limited (PPSL), has received approval from the ...
RBI to Remote Lock Phones in Case of EMI Defaults
New Delhi: The Reserve Bank of India (RBI) plans to implement a technology when a phone can be remotely locked ...
RBI Clears BharatPe’s Payment Aggregator License, Firm Expands Digital Payments Push
New Delhi: The Reserve Bank of India (RBI) has granted final approval to BharatPe to operate as a Payment Aggregator ...
RBI Grants Initial Nod for AU Small Finance Bank’s Transition to Universal Bank
New Delhi: The Reserve Bank of India (RBI) has granted an ‘in-principle’ approval to AU Small Finance Bank (AU SFB) ...
RBI to Launch Own Cloud to Enforce Data Localisation, Support Smaller Banks
Mumbai: The Reserve Bank of India (RBI) will roll out its own cloud infrastructure in 2025–26 to push data localisation ...
RBI Authorises BharatPe’s Resilient Payments to Operate as Online Payment Aggregator
New Delhi: The Reserve Bank of India (RBI) has granted final authorisation to Resilient Payments Pvt Ltd, a BharatPe Group ...
NPCI Launches BHIM 3.0 with Enhanced User and Merchant Features
New Delhi: NPCI BHIM Services Limited, a wholly owned subsidiary of the National Payments Corporation of India (NPCI), has launched ...
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