RBI Enhances UPI Lite Limits to Boost Offline Digital Payments
The Reserve Bank of India (RBI) has raised the UPI Lite wallet limit to ₹5,000 and the per-transaction limit to…
05 DEC 2024
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RBI Governor Shaktikanta Das Receives A+ Rating for the Second Consecutive Year
In a remarkable achievement, Reserve Bank of India (RBI) Governor Shaktikanta Das has been awarded an “A+” rating by Global…
21 AUG 2024
RBI Selects Five Entities for Theme-Neutral Regulatory Sandbox Test Phase
The Reserve Bank of India (RBI) has selected five entities for the test phase of the regulatory sandbox’s fifth cohort,…
05 AUG 2024
RBI unveils UPI Lite with e-Mandate Framework for Automatic Balance Replenishment
The Reserve Bank of India (RBI) has introduced the integration of UPI Lite with the e-mandate framework, facilitating automatic replenishment…
10 JUN 2024
RBI introduces new guidelines to broaden Credit Card network choices for consumers
The Reserve Bank of India (RBI) has launched new regulations aimed at expanding the options and flexibility available to consumers…
06 MAR 2024
RBI nods Amazon Pay to work as payment aggregator
Amazon Pay, the fintech branch of e-commerce giant Amazon India, has been granted a payment aggregator license by the Reserve…
28 FEB 2024
Union Finance Minister Nirmala Sitharaman to meet leaders of fintech firms next week
Amid the continued issues experienced by leading fintech player Paytm, Finance Minister Nirmala Sitharaman to meet with the leaders of…
21 FEB 2024
DCB Bank names Praveen Achutthan Kutty as MD & CEO
Development Credit Bank (DCB) Limited, a renowned commercial bank in India, has officially named Praveen Achuthan Kutty as Managing Director…
17 JAN 2024
RBI to tighten norms for deposit-taking housing finance companies
The Reserve Bank of India (RBI) intends to tighten the rules for deposit-taking housing finance companies (HFCs), lowering the maximum…
16 JAN 2024
The Reserve Bank of India approves IDFC-IDFC First Bank merger
The Reserve Bank of India approved the reverse merger of IDFC Ltd and its banking unit, IDFC First Bank. In…
28 DEC 2023
