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RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets

The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…

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Making online payments safer – Here’s how to tokenise your card

Many of us would have seen Amitabh Bacchan on television telling us that by tokenising our cards we…

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RBI Governor Das discusses ways to scale up UPI ecosystem with stakeholders

Das held a meeting on Wednesday with major stakeholders in the UPI ecosystem - banks, NPCI, thi…

PTI   


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Now, tourists from G20 countries will get to use UPI instead of cash in India

RBI announced that inbound travellers to India from G20 countries will be able to use UPI for merch…

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MobiKwik gains market share, becomes largest Wallet player

MobiKwik on Monday said it has become the largest digital financial services platform in terms of P…

PTI   


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RBI to soon launch app to enable retail investors to participate in govt bonds

The Reserve Bank on Friday announced the launch of a mobile app to enable retail investors to parti…

PTI   


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UPI joins the AI bandwagon, offline payments get a push

UPI (Unified Payments Interface) has made payments easier but the endeavour to simplify procedures …

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Digital payments are on track to cross the 200 billion mark, but fintechs are yet to ‘earn’ from them

Digital payments transactions in India are expected to cross the 200 million mark in the next three…

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UPI transactions worth ₹18.2 lakh crore made in February 2024

Payments through digital means in India are hitting fresh highs, as its citizens are increasingly a…

ANI   


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Centralised portal to search unclaimed deposits, UPI for credit lines and other key RBI announcements

UPI network to facilitate payments financed by credit from banks, reducing the cost of such offerin…

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With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25

The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …

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Tap your ring or watch to pay! Wearable payment devices are a reality, but challenges remain

Technology has transformed every aspect of our lives, and payments are no different. From debit and…

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Indian e-rupee to boost digital payments sans bank accounts, say industry stakeholders

The rollout of the e-rupee has been one of the most sought-after developments, since its announc…

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India tops world ranking in digital payments, records 89.5 million transactions in 2022: MyGovIndia

As per the data, India in the year 2022 accounting for 46 per cent of the global real-time payments…

ANI   


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Digital transactions to soon exceed cash in India: PM Modi

The Prime Minister of India, Narendra Modi, expressed hope that digital transactions will soon surp…

PTI   


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Not just withdraw, you can soon deposit cash using UPI at ATMs, promises RBI

On Friday, RBI governor Shaktikanta Das announced that bank account holders will soon be able to de…

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These are the likely changes in digital payments as indicated by the RBI governor

In order to further boost financial inclusion, RBI will also be introducing a unified payments i…

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RBI gets set to float it's digital currency -- check details here

​​​The Reserve Bank of India (RBI) has made no bones about it being averse to crypto currency, ever…

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Paytm Payments Bank gets final nod from RBI to operate Bharat Bill Payment System services

Paytm Payments Bank Limited (PPBL) received final approval from the Reserve Bank of India to operat…

ANI   


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EXPLAINED: What is DigiSaathi and how it can help you with digital payments

The Reserve Bank of India (RBI), along with the National Payments Corporation of India (NPCI), laun…