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RBI proposes measures to strengthen Prepaid Payment Instruments frameworkThe Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...- No two-factor authentication needed for payment up to Rs 15,000 through e-mandate; higher recurring limit for these transactionsThe Reserve Bank of India introduces a new e-mandate framework for digital payments effective 2026. As per new rules, all recurring transac...
- Digital Rupee: RBI widens scope of CBDC; non-banking payment companies to facilitate transactionsDigital Rupee transaction: The Reserve Bank of India has proposed that CBDC (Central Bank Digital Currency) or, the eRupee, to be accessibl...
- Govt gives Twitter ‘last chance’; probe finds EVs lack ‘basic safety systems’The government has once again threatened to make Twitter liable for the content on its platform, saying the company has repeatedly failed t...
- RBI makes mobile wallet interoperability mandatory from FY23Additionally, mobile wallets such as Paytm, PhonePe and Mobikwik can now be used for cash withdrawals up to Rs 2,000. The wallet limit has ...
- Jio counters Paytm lawsuit against telcos over phishingIn a counter affidavit to a petition filed by Paytm in the Delhi HC , Jio said mobile phone companies cannot be held liable for “unlawful a...
- 5 ways RBI has made e-wallets safer for usersReserve Bank of India has mandated a range of safety valves to protect prepaid payment instrument customers.
- E-wallet firms reject government plan to provide cover to their usersThe proposal was mooted over a month ago by the government and the wallet companies got back with their reservations last week.
- Eyes on the road, hands on wheelThe policy documents of the Reserve Bank capture the rationale of monetary, structural and prudential measures introduced from time to time...
- Credit Policy 2004: Full textStatement by Y Venugopal Reddy, Governor, Reserve Bank of India on Mid-term Review of Annual Policy for the year 2004-05.
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