RBI

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...

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...

In a bid to improve governance, India’s central bank has decided to tighten the norms around security and compliance for banks and fintech companies. Aiming to help improve on factors such as security, control and compliance, the Reserve Bank of...

Whatever the world it may be, there always is a constant battle going on between the forces of good and evil. And despite the strictest vigil, due to the unfixing nature of the app world, something always manages to...

The number of digital transactions in India will increase by 15x in the next 5 years. The booming fintech industry of modern India is one of the best in the world, in terms of emerging digital economies. With a high...

The above graph represents the total number of ATMs and POS in India by month, starting from April 2011 to October 2019. As the graph shows, the number of Automated Teller Machines (ATMs) in the country hit a record...

The above graph represents the total volume and value of mobile banking transactions in India by month. The usage of mobile banking services in India has constantly been increasing for the last few years. In October 2019, the number...

The above graph represents the total volume and value of BHIM transactions in India by month. In December 2019, approximately 17.82 million transactions worth Rs 6,316.37 crore were completed through the Bharat Interface for Money (BHIM) app in India....

The above graph represents the total volume and value of UPI transactions in India by month, starting from August 2016 to September 2020. The digital transactions in India through Unified Payments Interface (UPI) touched a new record in September...

The above graph represents the total number of UPI transactions in India by month, starting from August 2016 to June 2020. The number of UPI transactions increased a considerable 8.3% month-on-month in June 2020 to a record-high of 1,336.93...