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PPI RULE CHANGE
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...- RBI overhauls prepaid cards & wallets rules: Rs 2 lakh monthly debit limit, usage, restrictions, new safeguard and moreThe RBI has revised Prepaid Payment Instrument (PPI) rules, introducing new monthly debit limits for full-KYC PPIs at Rs 2,00,000, with a R...
- 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...
- Gold holds steady as market awaits US data, tariff impactGold prices remained steady as investors awaited crucial inflation data to determine the Federal Reserve's interest rate path amid ongoing ...
- UPI rule change: Use any UPI app to pay from your wallet as RBI allows interoperability for full-KYC PPIRBI new rules for UPI payment : Now wallet holders will no longer have to depend upon the PPI wallet issuer in order to make UPI payments, ...
- UPI rule change: Soon use money in PhonePe, Amazon Pay, any wallet to pay via Paytm, other UPI apps; check RBI new ruleUPI rule change for PPIs: Currently, money in your prepaid wallet (like PhonePe) can only be used for UPI transactions through the app offe...
- FASTag, NPS, credit card, debit card, insurance rule changes: Major money changes from April 1Money rule changes in April: Let's see major financial changes and new norms that will come into effect from April 1, 2024. Changes include...
- Credit card rules to NPS: 6 important money-related changes that will come into effect in April 2024Money changes in April 2024: Let us look at six important financial changes that will come into effect in April 2024.
- GIFT Nifty up 5 points; here's the trading setup for today's sessionForeign portfolio investors sold shares worth Rs 754 crore on Monday. DIIs, meanwhile, were net buyers at Rs 453 crore.
- Gold stalls in thin trading; eyes on Fed in data-packed weekTrading is expected to be thin during Asian trading hours due to holidays in China, Hong Kong, Japan, South Korea, Singapore, Taiwan, Vietn...
- Card fintech company Slice receives prepaid pay licence from RBIFintech platform Slice to open minimum KYC PPI accounts for teens as it looks to widen its user base, say sources. The licence is also in l...
- Fintechs to seek clarity on RBI lending rulesThe RBI has, in the digital lending rules, addressed malpractices by illegal Chinese apps, putting a lid on measures such as data scraping ...
- Top execs juggle offers despite downturn; Lightspeed raises $500M for India, SE AsiaMany top startup executives are sitting on multiple job offers – albeit fewer than in 2021 – even as most firms have cut down on hiring and...
- LazyPay updates terms to comply with RBI orderThe buy-now-pay-later (BNPL) service asked customers in a message on Thursday to accept the terms, failing which all transactions would be ...
- Fintechs behaving like banks may have triggered RBI order on credit linesThe fintech companies likened the order to giving traditional banks significant control of the sector's innovation stack, potentially affec...
- RBI circular leaves fintech firms dazed and confusedThe banking regulator believes that fintechs, unlike traditional lenders, lack sufficient capital and credit underwriting capabilities, sai...
- KYC norms may force m-wallets to cut ops, jobsArnav Gupta, an analyst at Forrester Research, estimates that the full KYC-compliant base of leading m-wallet players would not be more tha...
- From interoperability to KYC compliance, making sense of the RBI Master Direction for prepaid instrumentsRBI's Master Direction is interoperability of wallets eliminates the need for the sender and recipient of a mobile payment to be using the ...
- need2know: 8 things you must know to start your day on D-StreetThe India First policy will mean a $600 bn plus ‘market’ for manufacturing and services cos.
- Prepaid Payments Instruments: RBI allows banks to include unlisted companies, public entities"Banks shall load/reload PPIs after obtaining necessary authorisation and details of the employees/staff/contract workers, etc. from the em...
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