HDFC implements offline digital payments under sandbox of RBI
HDFC Bank has begun a pilot initiative to enable digital payments in the offline mode under a regulatory mechanism. According…
14 FEB 2023
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Hitachi Payment Services received in-principle permission from RBI
Hitachi Payment Services, India’s leading provider of end-to-end payment solutions, has announced that it has acquired in-principle approval from the…
10 JAN 2023
Total government debt increased to Rs 147 lakh crore in Q2
The government’s overall liabilities grew to Rs 147.19 lakh crore at the end of September from Rs 145.72 lakh crore…
27 DEC 2022
YES BANK participates in RBI’s digital rupee (e₹) trail launch
YES BANK today announced its participation in the first trial of the Reserve Bank of India’s Digital Rupee (e₹), a…
02 DEC 2022
RBI’s revised digital lending guidelines to be effective from December 1
The Reserve Bank of India (RBI) had set the deadline for lenders to adopt its digital lending regulations, with the…
01 DEC 2022
RBI nominates 16 major NBFCs to its upper layer list
The Reserve Bank of India (RBI) published a list of 16 upper layer non-banking finance firms (NBFC-ULs) that must conform…
13 OCT 2022
Centre and RBI making concerted efforts to push banking penetration
Financial markets are fragmented, and less than 24 per cent of the population has financial literacy. The right investment decisions…
12 OCT 2022
Global Fintech Fest 2022: RBI Governor launches three key digital payment initiatives
In the presence of Nandan Nilekani, Chairman Infosys and Advisor to NPCI, and Biswamohan Mahapatra, Chairman National Payments Corporation of…
21 SEP 2022
PhonePe tokenises 1.4 Crore debit & credit cards in line with RBI’s tokenisation mandate
PhonePe, India’s leading fintech platform, announced that it has tokenised 1.4 Crore (14 Mn) debit and credit cards on its…
08 SEP 2022
RBI approves fintech company Cashfree Payments to launch cross-border payment product
Payment and API banking solutions company, Cashfree Payments has recently announced that it has received the RBI nod for its…
21 JUL 2022
