RBI

The Reserve Bank of India (RBI) has wielded its regulatory authority, imposing a hefty fine of ₹5.39 crore on Paytm Payments Bank Limited, a subsidiary of Paytm. This eye-catching penalty is a result of the bank's non-compliance with RBI's...

The Indian banking industry is undergoing a dramatic digital makeover, marked by cutting-edge technologies and strategic collaborations. While the world of digital payments has been commanding attention, there's a remarkable trend sweeping through India's financial landscape: the surge in...

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...

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...

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...

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...

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,...

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...

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...

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...