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RBI PAYMENT VISION
India approves Rs 30 billion for Maldives under SAARC currency swapIndia has approved a Rs 30 billion currency swap for the Maldives. This reaffirms New Delhi's role as a key financial partner. The Maldives...
Cashfree Payments appoints former Visa executive Sameer Gandhi as CFOCashfree Payments has appointed Sameer Gandhi as its new Chief Financial Officer, bringing over two decades of experience from global finan...
How UPI can make India an architect of global financial connectivityIndia's triumph with UPI in digital payments is on the brink of revolutionizing cross-border money transfers. The goal is to enhance the sp...
Portable bank A/Cs for better user experience: RBI eyes more power for consumersThese efforts by the central bank come alongside India’s ongoing initiatives to strengthen international payment linkages, including agreem...
RBI plans shared liability for digital frauds, pushes open card ecosystem in Vision 2028The RBI is set to introduce a shared responsibility framework for unauthorized digital payment transactions. This will involve both custome...
RBI to map out bigger global play for local payments systemThe RBI's Payments Vision Document 2025 has already outlined expanding the global outreach of UPI and RuPay cards as one of the key objecti...
RBI's 'Payments Vision 2025' aims to establish India as powerhouse of payments globally, say expertsThe core theme of the vision documents is 'E-Payments for Everyone, Everywhere, Everytime' (4Es).
RBI Payments Vision 2025 aims 3-fold increase in digital paymentsThe core theme of the vision documents is 'E-Payments for Everyone, Everywhere, Everytime' (4Es) with an overall objective to provide every...
Infibeam Avenues to invest in So Hum; to seek new umbrella unit licence from RBIThe new entity - So Hum Bharat Digital Payment Limited - will seek a New Umbrella Entity licence from the Reserve Bank of India(RBI) to own...
Using your credit, debit card in smaller cities likely to become easierThe fund will be set up in consultation with the stakeholders. The framework will be operationalised by December 2019, said the RBI stateme...
RBI's vision document on payment systems to spur digital economy: Fintech firmsCOO of Payworld Praveen Dhabhai said the vision document has a focus on empowering payment system providers and at the same time providing ...
RBI to bank on data analytics for timely fraud detectionThe measures include harmonising the turnaround time for resolution of customer complaints.
RBI releases vision document for 2018The RBI report says that it would frame policy that would increase access to mobile banking services even to non smart phone users in multi...
RBI to soon come up with vision document on payment systemsThe Reserve Bank will soon be releasing a new vision document for the development of payment systems in the country, which will spell out t...
RBI to release new payment system vision documentThe RBI will soon release the new payments vision document that will outline initiatives that is required to meet the growing payment needs...
- A modern payments system based on electronic payments is a long haul
In a country where literacy levels are low, the shift to non-cash electronic modes of payment requires a multi-pronged approach.
- RBI for electronic payments, ushering in 'less-cash' economy
With an aim to make payment and settlement system more safe in the country, RBI proposed to proactively promote electronic transactions for...