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Latest Articles in rbi

RBI Issues Guidelines For Default Loss Guarantee

It has asked that all lenders establish board-approved FLDG policies to ensure oversight of their contracts with unregulated LSPs

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RBI Approves Extension Of Paytm's Aggregator Licence Application

Paytm can continue to service existing payment gateway customers, however, it cannot accept new merchants, till the aproval of the license

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RBI Projects Economic Growth To Slow Down To 6.4% Next Fiscal Year

Several economists and rating agencies predict that India's real GDP growth will slow to 6-6.5 per cent in the coming fiscal year

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BharatPe Receives RBI In-principle Nod To Operate As Payment Aggregator: Report

BharatPe said it will now commence work on fulfilling the said conditions within the prescribed timeline and launch the said online PA business

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Paytm Payments Bank Receives RBI Nod To Onboard Surinder Chawla As MD and CEO

New MD and CEO, Surinder Chawla joins PPBL from RBL Bank, where he served as Head - Branch Banking. Chawla spent about 12 years in key senior management positions at HDFC Bank

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RBI Asks Payment Platforms Razorpay, Cashfree To Stop Acquiring New Customers: Report

On the banking regulator Reserve Bank Of India’s order, Razorpay and Cashfree to temporarily stop onboarding customers after they have received in-principle approval from the RBI

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PayU's LazyPay Updated Terms To Comply With RBI Order

On June 20, the RBI disallowed non-bank wallets and pre-paid cards from loading their credit lines onto these platforms

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RBI Releases Payment Vision 2025 Aiming Triple Growth In Digi Payments

RBI has released its 'Payment Vision-2025' document, which aims to triple the growth in digital payments. Industry experts have expressed this opinion

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RBI Sets Forth Master Directions To Ensure Security Of Digital Payments

The Master Direction lays down guidelines for scheduled commercial banks, small finance banks, payments banks, and credit card issuing NBFCs regarding internet banking, mobile payments, card payments, customer protection, and grievance redressal mechanism.

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Government To Work With RBI For Execution Of Bank Privatisation Plan: Nirmala Sitharaman

Speaking to reporters in the financial capital, Sitharaman also said that the government has no plans to form any bank investment company to house the government stakes in banks.

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