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2 mins read
RBI proposes alternative methods for authentication of digital payments, in addition to SMS-based OTP system
The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechan…
ANI
7 mins read
Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…
7 mins read
Simply Put: Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Gold loans are surging in India, driven by rising gold prices and a desire for quick cash. Loans a…
2 mins read
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
2 mins read
My company is like my daughter... it was an emotional setback: Paytm founder Vijay Shekhar Sharma
Speaking at the 7th JIIF Foundation day, Sharma was asked about Reserve Bank of India (RBI's) actio…
PTI
4 mins read
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
2 mins read
RBI rules out review of action against Paytm Payments Bank
Reserve Bank of India Governor Shaktikanta Das on Monday ruled out any review of the central bank's…
PTI
2 mins read
At ₹395, Paytm shares hit upper circuit for fourth straight session
Shares of One97 Communications which owns Paytm brand hit the upper circuit for the fourth consecut…
PTI
2 mins read
Paytm shares tank 10% to extend losses for second day
Shares of Paytm's parent company One97 Communications tanked 10 per cent on Wednesday after reports…
PTI
2 mins read
If you’re paying electricity, water, LPG bills via auto-debit, RBI’s new norms affect you
Reserve Bank of India’s (RBI) new norms for auto-debit transactions will come into effect from toda…
2 mins read
From increased premium payments to getting seven midnight calls, users vent on social media against RBI’s new auto-debit rules
A user complains that he will have to re-authenticate all the recurring payments. Another…
3 mins read
Making online payments safer – Here’s how to tokenise your card
Many of us would have seen Amitabh Bacchan on television telling us that by tokenising our cards we…
2 mins read
UPI in 2024 – Five rule changes that you need to know
The year 2024 has begun and with this, there have been some changes in the financial sector. Unifie…
4 mins read
New guidelines on recurring payments may send SaaS companies out of India, say experts
Before getting into this, it is important to understand what the guidelines really say. The Rese…
2 mins read
Indian banks get a six-month breather to comply with RBI's new framework for auto-debit payments
The Reserve Bank of India (RBI) has extended the deadline for banks in India to comply with its new…
4 mins read
From Netflix and Hotstar to Airtel to Jio bills, brace for surprises as RBI’s guidelines on auto-debit transactions kick in from October 1
Starting October, users will need to re-authenticate their net banking/card/unified payments in…
3 mins read
Leading private banks won't support auto-debit payments from April 1 because they need more time to comply with RBI's new mandate
Your automatic recurring payments may not go through starting today. This is because banks aren’t r…
3 mins read
Govt waives clinical trial requirement for several drugs approved in select countries
This waiver would ensure expeditious availability of the latest medicines for treating diseases …
PTI
2 mins read
Credit card payments on foreign tours to be brought under LRS to ensure compliance with TCS
Credit card payments for foreign travel will be brought under the purview of the Liberalised Remitt…
PTI
2 mins read
From adjusting refunds against amount due to charges for disputes, here are the new credit card rules effective from July 1
Credit card users and issuers have some new rules to be aware of, as the Indian central bank, the R…