You Searched For "rbi recurring payments guidelines" and got 20 results
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2 mins read
India’s central bank to establish cloud facility for financial institutions
India’s central bank, the Reserve Bank of India (RBI) is working on a dedicated cloud facility for …
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…
2 mins read
RBI pauses onboarding of online merchants by Paytm Payments Services; firm says no material impact on biz
Banking regulator RBI has put a pause on onboarding of online merchants by Paytm Payments Services,…
PTI
2 mins read
UPI transactions will remain free, government says it has no plan to charge them
The Finance Ministry has said that the government does not plan on levying charges on UPI transacti…
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
Fino Payments Bank has its eyes set on becoming a small finance bank
ino Payments Bank is keen to become a small finance bank after having completed five years of opera…
PTI
3 mins read
RBI wants you to memorise all your debit and credit card numbers — Amazon, Zomato, Netflix and others argue this will make online payments more tedious
A debit or credit card number is 16 digits, and not everyone has the bandwidth to memorise them in …
2 mins read
Payments Council of India approaches government over central bank’s directive on credit lines
RBI had issued the circular after commercial banks had approached it over a likely breach of r…
1 min read
RBI stops Paytm Payments Bank from opening new accounts
The bank has also been directed to appoint an IT audit firm to conduct a comprehensive system …
PTI
2 mins read
Merchant bodies urge RBI to extend card-on-file tokenisation deadline citing operational challenges
Citing several operational challenges that will hinder the transition to the token-based payment…
4 mins read
71% of consumers are concerned about online fraud. Here is how Paytm Payment Gateway’s security features are helping businesses build trust.
Digital payments in India saw a 78% rise in 2021 as compared to 2020. People’s concerns also rose w…
1 min read
Not banks, petrol bunks see a flood of ₹2,000 notes with customers seeking 'change'
Before the announcement of withdrawal of Rs 2,000 banknotes, petrol pump owners in Punjab used to r…
2 mins read
Paytm makes it easier to pay credit card bills – here are five reasons why you should be using it
The app will ask you to enter the credit card number when you make a payment the first time, b…
2 mins read
India has well-regulated and well-supervised banking sector: RBI Governor
Reserve Bank of India Governor Shaktikanta Das on Friday gave a thumbs up to the country's banking …
1 min read
RBI announces creation of Payments Infrastructure Development Fund
The Reserve Bank on Friday announced the creation of a Payments Infrastructure Development Fund' wi…
5 mins read
Adani group market cap jumps ₹42,000 crore on Wednesday in Adani Enterprises-led rally
Adani group company stocks continued to rally on Wednesday, driving up the combined market capitali…
2 mins read
RTGS fund transfer system will be available 24x7 in the next few days, says RBI
Currently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a wee…
PTI
4 mins read
RBI tightens norms for Chinese lending apps
Chinese digital loan apps were utilising the loophole in the regulatory guidelines to dupe Indian c…
2 mins read
The RBI's new guidelines will allow you to transfer funds between different mobile wallets
The quick and seamless transfer between mobile wallets will make them a natural substitute for b…
2 mins read
RBI's new cybersecurity guidelines are pushing India's 1,574 urban cooperative banks to bring digital services up to snuff
India's central bank has announced that it's going to bring in more cybersecurity guidelines for ur…