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4 mins read
Now, tourists from G20 countries will get to use UPI instead of cash in India
RBI announced that inbound travellers to India from G20 countries will be able to use UPI for merch…
1 min read
MobiKwik gains market share, becomes largest Wallet player
MobiKwik on Monday said it has become the largest digital financial services platform in terms of P…
PTI
2 mins read
RBI to soon launch app to enable retail investors to participate in govt bonds
The Reserve Bank on Friday announced the launch of a mobile app to enable retail investors to parti…
PTI
2 mins read
Russia says it's working with a group of countries to build a platform that doesn't need the dollar
Russian President Vladimir Putin has doubled down on phasing out the use of the US dollar and other…
Huileng Tan
6 mins read
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
2 mins read
Digital lending platforms see 3x year-on-year rise in disbursals to ₹14,016 crore in Q2 FY23
Fintechs issuing digital loans witnessed an over three-fold disbursal growth in Q2. The number and …
2 mins read
India’s Finance Minister Nirmala Sitharaman says she expects the central bank to roll out the country’s digital currency this year
The Indian government expects the Reserve Bank of India (RBI) to roll out its digital currency this…
2 mins read
Not just withdraw, you can soon deposit cash using UPI at ATMs, promises RBI
On Friday, RBI governor Shaktikanta Das announced that bank account holders will soon be able to de…
2 mins read
Indians increasingly spending money on mutual fund investments, insurance, trading: Razorpay analysis
Payments towards mutual fund investments, insurance, and trading have seen a massive jump in the ju…
ANI
1 min read
Zomato gets RBI approval to operate as 'online payment aggregator'
Online food delivery platform Zomato on Thursday announced that its wholly-owned subsidiary Zomato …
1 min read
RBI, government working in complete harmony on crypto: Nirmala Sitharaman
"With RBI & Ministry, not just on crypto but on every other thing as well, I think there's c…
2 mins read
Paytm app will continue to work beyond Feb 29 as usual: CEO Vijay Shekhar Sharma
Digital payments and services app Paytm is working and will continue to work as usual even after Fe…
PTI
2 mins read
Visa is testing a platform that will support central bank digital currencies in partnership with blockchain firm ConsenSys
Payment rival Mastercard already launched a similar CBDC testing platform in December 2020, also in…
Isabelle Lee
6 mins read
India’s digital currency to be launched in FY23 to be cost effective, transparent and secure
The central bank digital currency (CBDC) is about to be launched this financial year in FY23, finan…
1 min read
RBI to launch the nation's first digital rupee pilot project for the wholesale segment today
The central bank further informed that "the first pilot in Digital Rupee - Retail segment (ea,…
1 min read
RBI to launch pilot of retail digital rupee on Dec 1
The Reserve Bank on Tuesday said it will launch the first pilot for retail digital rupee (e₹-R) on …
PTI
2 mins read
India should ban 'Ponzi' private cryptos or risk wrecking the country's financial system, a top RBI central banker has warned
Private cryptocurrencies are worse than a Ponzi scheme, and could wreck India's ability to control …
Hamza Fareed Malik
2 mins read
UPI transaction limit for education and healthcare hiked to ₹5 lakh per day
Reserve Bank of India Governor Shaktikanta Das announced on Friday an increase in the transaction l…
2 mins read
RBI's digital currency to be revealed 'very shortly' – governor says issues are still being sorted out internally
India is working on its digital currency and according to the RBI governor Shaktikanta Das, it coul…