The Reserve Bank of India (RBI) has set a net worth criteria of Rs 500 crore for an umbrella entity governing retail payments that will compete against the National Payments Corporation of India (NPCI...

The Reserve Bank of India (RBI) has denied in the Supreme Court that it had granted permission to popular messaging service provider WhatsApp “to go live for full scale operations” on the ...

National Payment Corporation of India (NPCI) has launched AI-based chatbot, PAi, to create awareness around its products like FASTag, RuPay, UPI, AePS on a real-time basis.The artificial intelligence ...

The Reserve Bank of India (RBI) has proposed the creation of a new pan-India umbrella entity (NUE) focusing on retail payment systems, which could rival the National Payments Corporation of India (NPC...