Amazon Ramps Up Investment in Payments Arm Amid Intensifying UPI Competition
New Delhi: Amazon has invested Rs 350 crore into its payments arm, Amazon Pay India, signalling a continued effort to ...
Tag: Reserve Bank of India (RBI)
RBI Tightens Rules on Digital Deposits, Eases Norms for Trusts to Boost Bank Liquidity
Mumbai:Â The Reserve Bank of India (RBI) has finalised changes to the Liquidity Coverage Ratio (LCR) framework, introducing stricter treatment for ...
RBI Clears Higher UPI Limits for P2M Payments, Leaves Scope for Further Revisions
New Delhi:Â The Reserve Bank of India (RBI) has approved a proposal allowing the National Payments Corporation of India (NPCI) to ...
Amitava Chatterjee Appointed as MD & CEO of J&K Bank
Srinagar: The Reserve Bank of India (RBI) has approved Amitava Chatterjee’s appointment as the Managing Director and Chief Executive Officer (MD ...
Arun Kumar Singh assumes charge as Additional Director of Bandhan Bank
New Delhi: The Reserve Bank of India has appointed Arun Kumar Singh to the position of additional director on Bandhan ...
RBI implements strict restrictions on Kotak Mahindra Bank due to IT compliance failures
Mumbai: The Reserve Bank of India (RBI) has prohibited Kotak Mahindra Bank from onboarding new customers through digital platforms and ...
NPCI launches new UPI features to achieve 100 bn monthly transactions
Mumbai: The National Payments Corporation of India has launched a slew of innovative products targeted at the Unified Payments Interface to ...
RBI gives in-principle approval to Hitachi for payment aggregator’s licence
Payment service provider Hitachi Payment Services has received the in-principle authorisation from the Reserve Bank of India to act as ...
Supreme Court upholds government’s 2016 decision on demonetisation
By a majority verdict, the Supreme Court on Monday upheld the government's 2016 decision to demonetise the currency notes of ...
RBI authorizes Worldline ePayments to act as a payment aggregator
Worldline ePayments India has received in-principle authorisation from the Reserve Bank Of India to act as a payment aggregator (PA) ...
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