Reserve Bank Of India

Indian Bank Rules Stop Apple App Store From Taking Credit/Debit Cards 

Indian Bank Rules Stop Apple App Store From Taking Credit/Debit Cards 
Indian Bank Rules Stop Apple App Store From Taking Credit/Debit Cards 
May 06, 2022  |  Payment Methods

Apple can no longer accept debit and credit cards in its App Store as enforcement begins for new rules handed down by the Reserve Bank...

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India Boots Coinbase From Payments Interface Days After It Enters Market
India Boots Coinbase From Payments Interface Days After It Enters Market
April 11, 2022  |  Cryptocurrency

India may not have banned cryptocurrency outright, as threatened, but the government is certainly making life hard for exchanges trying to service its would-be buyers...

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India’s Central Bank Unveils Innovation Hub
India’s Central Bank Unveils Innovation Hub
March 28, 2022  |  Banking

The Reserve Bank of India has launched its Innovation Hub (RBIH), a program designed to promote access to financial services and increase financial inclusion. Get...

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Paytm CEO: Investors Don’t Have Access to User Data
Paytm CEO: Investors Don’t Have Access to User Data
March 15, 2022  |  Bank Regulation

Paytm CEO Vijay Shekhar Sharma said investors in his firm do not have access to customer data, in a bid to ease concerns over reports...

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Paytm Bank Under Audit Over Alleged Data Sharing With China
Paytm Bank Under Audit Over Alleged Data Sharing With China
March 14, 2022  |  Bank Regulation

Paytm Payment Bank is being audited by the Reserve Bank of India (RBI) over allegations that it engaged in data sharing with organizations based in...

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RBI Blocks Paytm Bank From Accepting New Customers
RBI Blocks Paytm Bank From Accepting New Customers
March 11, 2022  |  Banking

India’s central bank has blocked Paytm Payments Bank from welcoming new customers pending an audit of its IT systems, according to a press release Friday...

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RBI Urges Caution Over Indian Carpool App sRide
RBI Urges Caution Over Indian Carpool App sRide
February 22, 2022  |  Ridesharing

India’s central bank says the country’s largest carpooling and bike pooling app is operating an unauthorized prepaid wallet. Get the Full Story Complete the form...

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RBI Official Likens Crypto to ‘Ponzi Schemes’
RBI Official Likens Crypto to ‘Ponzi Schemes’
February 14, 2022  |  Cryptocurrency

Cryptocurrencies are like a pyramid scheme and should be banned in India, a deputy governor at the country’s central bank said Monday (Feb. 14). Get...

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