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February 15, 2024
According to the RBI, the payment intermediary was accepting card payments from corporates for their commercial payments, and then remitting the funds via IMPS/RTGS/NEFT to non-card accepting recipients
February 15, 2024
According to the RBI, the payment intermediary was accepting card payments from corporates for their commercial payments, and then remitting the funds via IMPS/RTGS/NEFT to non-card accepting recipients
February 15, 2024
RBI restrained card network which enabled businesses to make card payments through certain intermediaries to entities that do not accept card payments
February 15, 2024
Reserve Bank of India (RBI) has issued order restraining payments by companies through intermediaries to non-card accepting recipients for violation of section 4 of Payment and Settlement Systems (PSS) Act
February 15, 2024
RBI says under an arrangement, an intermediary accepts card payments from corporates for their commercial payments and then remits the funds via IMPS/RTGS/NEFT to non-card accepting recipients
February 15, 2024
The Reserve Bank, on Thursday, asked card network Visa to stop making payments
February 15, 2024
India Business News: A day after the RBI instructed payment networks Visa and Mastercard to stop enabling business credit card issuances by fintech aggregators, the centra
February 7, 2024
The Indian FinTech ecosystem, the third largest in the world, is expected to reach a market size of US$ 150 billion by 2025. Digital lending has become a US$ 270 billion market in 2022. However, recent years have seen an increase in financial fraud and irregularities, leading to a lack of trust in the sector. The RBI has implemented regulations and guidelines to address these concerns, including registration requirements for FinTech companies and enhanced data privacy measures.
January 30, 2024
When we understand these regulatory frameworks and consumer preferences we then can develop relevant and impactful solutions.
January 25, 2024
The Reserve Bank of India (RBI) has accorded its approval to LIC for acquiring aggregate holding up to 9.99 per cent of the paid-up share capital or voting rights of HDFC Bank Limited.The approval has been granted with reference to the ...