Non-banking financial companies (NBFCs) are institutions that lend money and make investments, just like a […]
Tag: rbi
India’s CBDC Trials to Go International, RBI Partners With Central Bank of UAE: Details
India’s digital rupee CBDC, that was launched as part of a pilot test phase in […]
UPI Should Become a Means of Financial Inclusion, Empowerment for Whole World: PM Modi
Prime Minister Narendra Modi on Tuesday said RuPay and UPI technologies are India’s identity in […]
Digital Payments Transformed Governance, Financial Inclusion in India, Says PM Modi at G20 Meet
Prime Minister Narendra Modi on Friday said India’s digital payments ecosystem has radically transformed governance, […]
UPI-PayNow Integration for Cross-Border Payments: 5 Points on What the System Aims to Achieve
The Unified Payments Interface (UPI), the real-time bank-to-bank money transfer system developed and maintained by the […]
Amazon, Google in RBI’s List of Online Payment Aggregators, Over 50 Entities Granted License to Operate
The Reserve Bank on Wednesday released a list of 54 entities, including Amazon (Pay) India, […]
CBDC Trials Expanding to 50,000 Users in India, RBI Backs Cautious Approach: Report
The trial for India’s upcoming central bank digital currency (CBDC) has been expanded to over […]
Digital Credit Service to Roll Out in 2023, UPI Services for NRIs to Be Made Available in 10 Countries
The government will roll out digital credit service this year which will enable even small […]
E-Rupee for Retail to Be Soon Piloted by 5 More Banks in 9 More Cities
Five more banks will join the pilot on the central bank digital currency or e-rupee […]