Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart betHappy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This a...
18 May, 2026, 07.49 AM IST
RBI brings cross border transactions under e-mandate rules, allows customer to opt out anytimeThe Reserve Bank of India is enhancing digital fraud prevention. Cross-border recurring electronic payments via cards, prepaid instruments,...
21 Apr, 2026, 06.57 PM IST
No cash on toll plazas from April 10; government moves to end ID-based exemptionsThe Ministry of Road Transport and Highways is discontinuing cash transactions at toll plazas from April 10, mandating digital payments to ...
04 Apr, 2026, 10.03 AM IST
Wells Fargo hit with $33 million settlement — customers may receive surprise checksWells Fargo customers who were misled into paying for "free" monthly subscriptions will receive a share of a $33 million settlement. The ba...
05 Jan, 2026, 11.05 PM IST
RBC and BMO explore $2 billion sale of Canadian payments venture MonerisRoyal Bank of Canada and Bank of Montreal are exploring sale of payments joint venture Moneris, valued at approximately $2 billion. The pay...
17 Aug, 2025, 02.25 PM IST
RBI tells online payments firms to track fishy transactions amid Lok Sabha electionsThe central bank has also asked payment companies to monitor and report high-value merchant payments during ongoing general elections. In a...
22 Apr, 2024, 02.43 PM IST
Track fishy transactions, RBI tells payment firmsIn a letter dated April 15, the RBI asked payment system operators (PSOs) to prevent any potential misuse of electronic fund transfer mecha...
22 Apr, 2024, 05.30 AM IST
Whatever is not written in regulation, means a ‘No’: NPCI chief Dilip AsbeNPCI chief Dilip Asbe emphasized the importance of compliance for long-term success in the fintech space. He discussed recent regulatory ac...
23 Feb, 2024, 10.23 PM IST
Aadhaar-based pay must for MGNREGS wages from July 1The rural development ministry then decided to continue to allow payments through both ABPS and the usual electronic payment through the Na...
22 Apr, 2023, 12.03 AM IST
Aadhaar-linked NREGS payments to get more timeThe directive for a mandatory use of the Aadhaar-Based Payment System (ABPS) under the MGNREGS from February 1 had stoked massive protests ...
23 Mar, 2023, 12.59 AM IST
View: Good mandate, unintended repercussionsConsidering the pandemic and lockdown did not give much of a breather to any industry and the banking and financial sector was no exception...
25 Mar, 2021, 11.02 AM IST
Large Indian lenders seek time on standing instructionsBanks have also requested RBI to exclude transactions against pre-existing standing instructions and those with international merchants fro...
08 Mar, 2021, 07.16 AM IST
RTGS to be made available 24X7 in next few days: RBI GovernorCurrently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a week, except second and fourth Saturdays of eve...
04 Dec, 2020, 12.12 PM IST
RBI eMandate nod paves way for auto-debits by fintech firmsThe retail payments body has asked banks to implement both the emandate measures by June 30.
26 Apr, 2019, 09.55 AM IST
Standing instructions to banks go onlineSeven banks have gone live on the NPCI’s platform, allowing customers to provide e-mandate through net banking,
23 Apr, 2019, 10.43 AM IST
Government plans big push to boost BharatQR and BHIM usageWorking on a strategy to promote cashless transactions, the government is said to be looking at ways to make digital payments cheaper than ...
22 Sep, 2017, 08.13 AM IST
- Jabalpur Tele-payment service bags National Golden Icon award
The Tele-Bhugtan Service (Tele-payment service) system in Jabalpur collectorate has bagged the National Golden Icon award for innovative us...
08 Feb, 2008, 07.29 PM IST