
Currency circulation in the country declined during the recently concluded Diwali. This has happened for the first time in 20…
Earlier this year, RBI introduced Offline Payments after receiving encouraging feedback from the pilot experiments.
First in-person ministerial of Indo-Pacific Economic Framework (IPEF) grouping kicks off in the US
While digital lending has gathered pace in recent times and changed the nature of banking, consumer protection is necessary from…
The RBI recently tightened digital lending norms. Customers also have to keep away from rogue lenders
The regulator reiterated that outsourcing arrangements entered into by REs with a lending service provider (LSP) or digital lending app…
Hyundai aims to regularly introduce new services to provide utmost convenience to customers.
The discussion paper said there is good reason for the RBI to regulate MDR on credit card transactions, which are…
“Unregulated entities or a small section of the loan apps that may be rogue players will have to course correct…
Such loans to be routed only through accounts of regulated lenders
The emergence of digital apps and platforms, as well as the onset of the COVID-19 pandemic, has aided this transformation…
The central bank had developed the composite RBI-DPI with March 2018 as the base year to assess the extent of…
The newly constituted RBI’s digital payment index stood at 349.3 in March 2022 against 304.06 in September 2021 and 270.59…
The RBI had mandated that after December 31, 2021, entities other than card networks and card issuers cannot store data.
Data indicate that BNPL lenders seem less focused on driving credit inclusion than anticipated earlier, says a report
India was categorised as a ‘leader’ or ‘strong’ in respect of 25 (21 in the previous exercise) out of 40…
The vision document took note of the proliferation of Buy Now, Pay Later (BNPL) services which, it said, has developed…
As per the document, the expected outcomes include volume of cheque-based payments to be less than 0.25 per cent of…
On delaying an EMI, the bank will charge you a penalty and your credit score will be adversely affected
As a result of this unprecedented growth, digital payments will constitute two out of every three payment transactions by 2026,…
India’s digital payments market is at an “inflection point” and is expected to more than triple, the report said.
US-based tech firm Apple also said it will no longer store card information of Indian users on its file.
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The portable system is seen as a “bunker equivalent” in payment systems and will process transactions that are critical to…
Officials aware of the development said that Tesla is expected to get back with its detailed India plan, outlining the time it…
The objective is to address the language barriers, a key challenge in financial inclusion for millions of Indians.
The scheme comprises incentives for onboarding of new sellers onto the network and also for boosting transactions by incentivisng buyers.
FE reported last month that domestic VC and private equity firms in India have been successful in attracting multi-million-dollar investments…
Sebi has been striving to shorten the time duration from issue closure to listing.
RBI shouldn’t allow payments banks to lend; their licensing terms do not allow that
A universal-Access push alone won’t yield the outcomes India desires from its healthcare ecosystem
The Adani-Hindenburg fiasco shows how the impact of such events can potentially be system-wide, with retarding effects on the credit-flow…
VRL, Westglobe, Richter Holding and FICL are members of the promoter group of Indian mining major Vedanta.