RBI

Link your credit cards with UPI now: NPCI aims for UPI transactions worth $1 billion a day

The exploded adoption of UPI (Unified Payment Interface) has encouraged the RBI (Reserve Bank of India) to make UPI payments more appealing to users. In a significant shift in the way it operates, RBI has announced going further...

Apple Stops Accepting Indian Cards For Apps and Subscriptions Services

You may not be allowed to add debit or credit card issues in India to your Apple account. You will also not be able to make new payments with these cards even if your Indian card details were already...

Cryptocurrency Trading In India: After Rejoice A Big Set Back!

A new day and new development that is keeping cryptocurrency market in India on seesaw. Just a day after RBI issues directive to all financial institutions that cleared the payment processing for all cryptocurrency enthusiasts, be it traders, wallets...

Cryptocurrency Trading in India: The Latest Directive From RBI Is A Big Boost to Crypto Enthusiasts

After a months-long tug of war between financial institutions and cryptocurrency traders in India, finally, the later ones have got the last laugh. RBI's has instructed all financial institutions to refrain from issuing any warning that could discourage crypto...

NPCI Refuses To Ban Cryptocurrency Trades in India: Banks To Decide Their Individual Stance!

At a time when the fate of cryptocurrency acceptance hangs mid-air in India, the NCPI has made a massive announcement in favour of your beloved tokens! According to the latest media reports, the National Payments Corporation of India, aka NCPI,...

Auto Debit Deadline Is Extended: Transactions Worth 2000 Crores Saved From Failing!

The Reserve Bank of India has decided to push the deadline for implementing new rules on recurring transactions by another six months! Prior to this announcement, India's apex bank said that the new rules would kick in starting April 1...

Engaged in Cryptocurrency Trading Or Mining in India? Prepare To Face The Heat!

The teeter-totter between India and cryptocurrency looks set to end in heartbreak for those invested in virtual currency in one way or another. According to emerging reports, India is set to propose a law banning cryptocurrencies. The move is in...

Tata Group NUE To Have Flipkart, MasterCard, Airtel Digital By Its Side

The Tata Groups’ foray into the bidding process for acquiring an NUE license is attracting several partnerships. As RBI is committed to pushing the digital payments to a great level of usage, it's offering a limited number of licenses to...

RBI To Banks: Limit Ownership Stake In Insurers At 20%!

The Reserve Bank of India wants banks to limit their ownership in insurance companies! According to three sources in the know, RBI has unofficially directed Indian banks to cap their maximum threshold limit for holding ownership in capital intensive insurance...

New RBI Guidelines Force You To Memorise All Of Your Card Details

It's time to get your brain prepped to do some much-needed homework and commit to memory the 16-digit numbers from all of your debit/credit cards! Why? Because the Reserve Bank of India’s newly issued guidelines might not leave you with...
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The startup entrepreneur leveraged Facebook to become rich, but the war made him a billionaire

It's rare to see a young kid, who never got a chance to go to any popular school or...
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