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
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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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