Latest Articles in Reserve Bank of India (RBI)
Digital Rupee Proposed To Be Introduced By RBI From 2022-23: Sitharaman
The finance minister further said that in 2022-23, states will be allowed fiscal deficit of up to 4 pc of GSDP.
Read MoreFACE To The RBI To Take On The Role Of A SRO In The Digital Lending Industry
SROs are non-governmental organizations that set and enforce rules and standards relating to the conduct of entities in their respective segments.
Read MoreDigital Payments In India: Trends To Watch Out For In 2022
Speed and secure nature of UPI that has attracted India’s consumers towards adopting it as their preferred payment mode and I anticipate this to continue in the coming year as well.
Read MorePine Labs Launches Tokenisation Solution ‘Plural Tokenizer’
This Card-on-File or CoF tokenisation solution will replace the debit or credit card details of the cardholder with what are called ‘tokens’ or randomly generated numbers.
Read MoreSpocto Solutions Onboards Advarisk
Banks operating in India reported a fraud of Rs 4.92 trillion as of March 31, 2021, which represents nearly 4.5% of the total bank credit, courtesy of The Reserve Bank of India (RBI).
Read MoreCash And New-Age Currency To Co-Exist Together!
Relevant to today’s era, one of the primary factor is that a CBDC needs to coexist with cash and other types of money in order to maintain a flexible and innovative payment system in the economy.
Read MoreRBI Guidelines Coupled With Cutting-Edge Technology: The Way For A Secure Financial Future
RBI guidelines mention Fraud Risk Management and Mobile Payment Application Security Controls, both these segments can be efficiently addressed through behavioral biometrics.
Read MoreAI: The Next Step In Fighting Fraud
The use of AI and ML in the BFSI industry has allowed companies to not only identify and prevent fraud, but also get a deeper understanding of their consumers' expectations from the institution.
Read MoreRBI Bars Haribhakti & Co. LLP From Undertaking Audits For 2 Years
This order has been taken on account of the downfall on the part of the audit firm to abide by a specific direction issued by RBI with respect to its statutory audit of a Systemically Important NBFC
Read More'WazirX Is Focused On Promoting Blockchain And Crypto Education Among Indian Youth' Nischal Shetty Founder & CEO, WazirX
Crypto is a very new technology and every government is still trying to understand and learn what it is, so the Indian government is also somewhere on the same path but the good thing is that the government has started talking about it.
Read More