Reserve Bank Of India

Reliance Teams With Google, Facebook In Bid For Indian Digital Payments License
Reliance Teams With Google, Facebook In Bid For Indian Digital Payments License
March 01, 2021  |  eCommerce

Reliance Industries, India’s largest company by market value, is looking to link up with Facebook and Google in a bid to get a digital payments...

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Reserve Bank of India Says It’s Exploring Possibility Of Digital Rupee
Reserve Bank of India Says It’s Exploring Possibility Of Digital Rupee
January 25, 2021  |  Cryptocurrency

The Reserve Bank of India (RBI) is exploring making a digital currency, a reversal of its prior position, according to a report from Cointelegraph. A...

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Reserve Bank Of India Wants To Crack Down On Big Shadow Lenders
Reserve Bank Of India Wants To Crack Down On Big Shadow Lenders
January 22, 2021  |  Legal & Regulation

India’s central bank wants stricter regulations for big shadow lenders, according to a new report from Bloomberg. The Reserve Bank of India, according to the...

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India’s Digital Payments Soar; Reserve Bank Launches Tracking Index
India’s Digital Payments Soar; Reserve Bank Launches Tracking Index
January 04, 2021  |  Cross-border Payments

It’s been more than four years since India instituted its most recent demonetization policies. We’re a long away from the fall of 2016, when the...

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India’s Central Bank Recommends Integrating Corporates Into Banking
India’s Central Bank Recommends Integrating Corporates Into Banking
November 23, 2020  |  Banking

India’s central bank is considering allowing payment banks and other finance companies to become lenders. A working group within the central bank is also mulling...

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India’s Central Bank Looks To Measure Digitization
India’s Central Bank Looks To Measure Digitization
September 09, 2020  |  Cross-border Payments

The Reserve Bank of India (RBI) is moving forward with plans to publish an index showing the extent of digital payment adoption in the country,...

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Reserve Bank Of India To Expand Digital Payment Options
Reserve Bank Of India To Expand Digital Payment Options
August 07, 2020  |  Digital Payments

India has seen a steady stream of digital payments since it locked down to prevent the spread of COVID-19, but the nation of 1.3 billion...

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WhatsApp Awaits OK From India’s RBI To Launch Payments Feature
WhatsApp Awaits OK From India’s RBI To Launch Payments Feature
August 05, 2020  |  Mobile Payments

WhatsApp, the Facebook-owned messenger program, is expected to enter India’s payments market after becoming compliant with the country’s data-localization standards, according to a report from...

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Punjab National Bank Faces Third Major Fraud In As Many Years 
Punjab National Bank Faces Third Major Fraud In As Many Years 
July 10, 2020  |  Cybersecurity

Punjab National Bank shares fell by nearly 6 percent late Thursday (June 9) after it was defrauded $491 million by one of its customers, The...

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