Nandan Nilekani-led panel on digital payments submits report to RBI PTI May 20, 2019 The panel was tasked with reviewing the existing status of digitisation of payments in the country, identifying the current gaps…
Why is India shutting down ATMs, even as people use them more? Bloomberg May 17, 2019 The drop may continue as banks and ATM operators struggle to absorb the cost of software and equipment upgrades mandated by the…
RBI proposes mobile app to help visually impaired to identify currency notes PTI May 13, 2019 Intaglio printing based identification marks for helping the visually challenged in identification of denomination of banknotes…
RBI proposes to allow fintech start-ups to test regulatory sandbox PTI Apr 20, 2019 The Reserve Bank of India has proposed that fintech start-ups could set up regulatory sandbox or live-testing of innovative…
How is GPay operating without authorisation: Delhi HC asks RBI PTI Apr 11, 2019 The court issued notice to RBI and Google India seeking their stand on the issue raised in the plea by Abhijit Mishra, who has…
RBI slaps Rs 1 crore fine on Indian Bank for violating cyber security norms PTI Dec 12, 2018 The RBI has imposed, by an order dated November 30, 2018, a monetary penalty of Rs 10 million on Indian Bank for contravention of…
Digital payments mark strong growth, IMPS volumes grow 86% Mohit Rathod Feb 14, 2018 According to data released by the Reserve Bank of India (RBI), the volume of IMPS transactions rose 86 per cent year-on-year to 98…
eGovWatch: RBI to check customer liability in bank frauds; framework on the anvil Express News Service May 25, 2016 Mundra also cautioned on Jan Dhan accounts, saying they are "very vulnerable" to frauds and asked banks to be on guard…
eGovWatch: RBI asks banks to give names of unclaimed deposit a/c on website Aditi Gautam Feb 4, 2015 Banks should complete the action by March 31, and keep their websites updated at regular intervals, the Reserve Bank said
RBI nudges banks to mine Facebook and Twitter to know customers better Express News Service Sep 29, 2014 The Reserve Bank of India is nudging banks to mine Facebook, Twitter and other social media data to access customers’ social…