Stay updated with breaking news from Tupi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Revolut India, backed by Tiger Global and Softbank, received RBI approval for Prepaid Payment Instruments, strengthening its position in the Indian market. The approval allows the offering of multi-currency forex cards and cross-border remittance services, enhancing financial solutions for Indian consumers.
The Reserve Bank of India (RBI) proposed enabling users to deposit cash in cash deposit machines (CDMs) through UPI.
Paytm Payments Bank managing director and chief executive officer Surinder Chawla has tendered his resignation. This and more in todays ETtech Top 5.
In February, Paytm saw its UPI market share decline to 11%, down from 11.8% in January, prior to the onset of the payments bank crisis.
The Reserve Bank of India (RBI) has now enabled a cash deposit facility through UPI at ATMs. Customers can soon deposit cash at cash deposit machines (CDMs) at banks and ATMs through UPI app, announces the central bank.