India’s UPI Ecosystem Can Be a Template for Other Nations: PM Modi at G20

Prime Minister Narendra Modi on Friday said India’s digital payments ecosystem has radically transformed governance, financial…

Amazon, Google Among 54 Entities Granted Payment Aggregator License by RBI

The Reserve Bank on Wednesday released a list of 54 entities, including Amazon (Pay) India, Google…

Digital Credit to Roll Out in 2023; UPI to Be Soon Available in 10 Countries

The government will roll out digital credit service this year which will enable even small street…

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 for…

RBI Suggests Common Approach to Crypto Assets to Avoid Financial Risks

To address potential financial stability risks and protect investors, it is important to arrive at a…

Private Cryptocurrencies’ Growth Can Bring Next Financial Crisis: RBI Governor

Reserve Bank Governor Shaktikanta Das on Wednesday warned that allowing private cryptocurrencies to grow can precipitate…

RBI’s First Pilot for Retail Digital Rupee to Go Live on December 1

The Reserve Bank of India (RBI) is expanding the use cases of its digital rupee CBDC.…

RBI, MeitY Ask Google to Act Against Illegal Digital Lending Apps: Report

Google has been directed by the Ministry of Electronics and Information Technology (MeitY) and the RBI…

RBI to Tackle Illegal Loan App Scams Via ‘Whitelisted’ App Index

In recent days, the law enforcement agencies of India have been tracking and tracking risky loan…

CBDCs Will Make Cross-Border Transactions Cost-Effect, Says RBI Exec

The Reserve Bank of India’s (RBI) Deputy Governor T Rabi Sankar has stated that the country’s…