RBI

Reserve Bank of India Not Targeting Specific Exchange Rate Amid Rupee’s Decline
Reserve Bank of India Not Targeting Specific Exchange Rate Amid Rupee’s Decline
February 07, 2025  |  Markets

After a 3% decline in the rupee since mid-December, the new chief of India’s central bank reportedly said Friday (Feb. 7) that the bank is...

READ MORE >
Paytm CEO Expects Digital Bank Recovery Following Regulatory Suspension
Paytm CEO Expects Digital Bank Recovery Following Regulatory Suspension
January 21, 2025  |  Digital-First Banking

The founder of Paytm expects the company’s banking unit to spring back to life. Get the Full Story Complete the form to unlock this article...

READ MORE >
India Expanding X-Border Payment Connections With Neighbors
India Expanding X-Border Payment Connections With Neighbors
November 20, 2024  |  Cross Border Commerce

India’s central bank says the country is making mobile payment links with several countries. Get the Full Story Complete the form to unlock this article...

READ MORE >
Paytm Gets India’s Blessing to Invest in Payment Services Unit
Paytm Gets India’s Blessing to Invest in Payment Services Unit
August 28, 2024  |  Investments

Paytm won approval from India’s finance ministry to invest in its payment services operation. Get the Full Story Complete the form to unlock this article...

READ MORE >
Reserve Bank of India to Launch Lending Platform
Reserve Bank of India to Launch Lending Platform
August 26, 2024  |  Loans

The Reserve Bank of India (RBI) plans to launch a technology platform designed to enable frictionless credit, especially for small- to medium-sized businesses (SMBs). Get...

READ MORE >
Wise Resumes Signing Customers in India to Tap $32 Billion Remittance Market
Wise Resumes Signing Customers in India to Tap $32 Billion Remittance Market
August 12, 2024  |  Cross Border Commerce

Money transfer firm Wise is reportedly hoping to tap India’s $32 billion remittance market. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
Report: Amazon Pay and Google Pay Among Firms to Offer Digital Rupee Transactions
Report: Amazon Pay and Google Pay Among Firms to Offer Digital Rupee Transactions
August 05, 2024  |  Digital Payments

The Reserve Bank of India’s (RBI’s) offer to allow payment firms to enable eRupee transactions via their platforms has reportedly been taken up by five such...

READ MORE >
RBI: Online Payment Fraud in India Surges 400% in a Year
RBI: Online Payment Fraud in India Surges 400% in a Year
May 30, 2024  |  Security & Fraud

According to a new report from the Reserve Bank of India (RBI), digital payments fraud in the country grew 14.57 billion rupees ($175 million) in...

READ MORE >
PayU Receives RBI Authorization to Operate as Payments Aggregator
PayU Receives RBI Authorization to Operate as Payments Aggregator
April 23, 2024  |  Aggregators

PayU has received in-principle authorization from the Reserve Bank of India (RBI) to operate as a payments aggregator. Get the Full Story Complete the form to unlock...

READ MORE >