RBI allows use of pre-sanctioned credit lines for UPI payments
Mumbai: The Reserve Bank has granted that the UPI System will also include pre-sanctioned credit lines issued by banks for transactions. ...
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Tag: Reserve Bank
RBI Harmonises Provisioning Norms for Urban Cooperative Banks
Mumbai: The Reserve Bank on Monday harmonised the provisioning norms for standard assets applicable to all categories of urban cooperative ...
India’s credit card outstanding reaches all time high of Rs 1.87 lakh crore in January
New Delhi: The credit card outstanding in January rose29.6 per cent to reach an all time high of Rs 1.87 ...
Reserve Bank of India to Enable 75 Villages for Digital Payments
Mumbai: The Reserve Bank will initiate a ‘75 Digital Villages’ program in observance of 75 years of Independence. Under this ...
PM dedicates 75 Digital Banking Units across 75 districts to the nation
Prime Minister Narendra Modi dedicated 75 Digital Banking Units (DBU) across 75 districts to the nation via video conferencing. Addressing ...
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