Reserve Bank Of India

RBI Hikes Cap on e-Rupi to Push Offline Digital Payments
RBI Hikes Cap on e-Rupi to Push Offline Digital Payments
February 13, 2022  |  Digital Payments

The e-Rupi voucher cap is increasing to ₹1 lakh, which will add to digital payments offline and make for more direct transfers without a bank...

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Announcing Crypto Trading Tax and Digital Rupee Plans, India Makes Clear Payments Are Out
Announcing Crypto Trading Tax and Digital Rupee Plans, India Makes Clear Payments Are Out
February 01, 2022  |  Cryptocurrency

India’s finance minister just announced that India’s next budget will include a 30% tax on cryptocurrency, suggesting a long-feared total ban is likely off the...

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India’s Central Bank Starts FinTech Division
India’s Central Bank Starts FinTech Division
January 10, 2022  |  International

India’s central bank is setting up a FinTech department to drive innovation, oversee the exchange of cryptocurrencies and develop regulations for the release of its...

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Reserve Bank of India’s Acceptance of Digital Rupee Highlights Privacy Concerns
Reserve Bank of India’s Acceptance of Digital Rupee Highlights Privacy Concerns
December 29, 2021  |  CBDC

If you look deeper at the news of India’s central bank accepting a “basic” digital rupee as “a safe, robust, and convenient alternative to physical...

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RBI Supports a Full Ban on Cryptocurrencies in India
RBI Supports a Full Ban on Cryptocurrencies in India
December 19, 2021  |  Cryptocurrency

The Reserve Bank of India is in favor of a total ban on cryptocurrencies, Economic Times of India writes. The news comes from anonymous sources...

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Cyber Risks Pose Challenge to CBDC Rollout in India; Digital Payments Growing at Record Highs
Cyber Risks Pose Challenge to CBDC Rollout in India; Digital Payments Growing at Record Highs
December 08, 2021  |  CBDC

Cybersecurity and the risk of cyber fraud pose challenges to the successful rollout of a central bank digital currency (CBDC), Reserve Bank of India (RBI)...

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Cashfree Launches Tokenization Tool Ahead of RBI Deadline
Cashfree Launches Tokenization Tool Ahead of RBI Deadline
November 17, 2021  |  Digital Payments

Indian payments company Cashfree Payments has launched a tool it says will allow merchants to easily save card network tokens while still remaining within Reserve...

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Did RBI Rule ‘Kill’ Recurring Payments in India?
Did RBI Rule ‘Kill’ Recurring Payments in India?
October 17, 2021  |  International

Earlier this month, the Reserve Bank of India (RBI) established a rule governing how businesses can process recurring payments. In doing so, it “effectively killed...

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India’s New Payment Rules Prompt Big Tech Warnings
India’s New Payment Rules Prompt Big Tech Warnings
October 07, 2021  |  Digital Payments

Banks and Big Tech companies are warning their customers and partners in India to anticipate a wave of declined transactions as the country’s central bank...

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