Big Indian crypto exchanges CoinSwitch Kuber and WazirX have disabled rupee deposits for the purchase of cryptocurrency through a widely-used state-backed transfer network, spurring users to renew dem...

New Delhi: Sebi on Tuesday increased the investment limit for payments through UPI mechanism for retail investors buying debt securities in public issues to Rs 5 lakh from Rs 2 lakh at present in its ...

The Reserve Bank of India (RBI) on Thursday announced revised guidelines for credit default swaps (CDS). CDS is a contract in which a counterparty (seller) commits to compensate the other counterpart...

Digital payments seem to be ubiquitous in India now, from local kirana stores to cabs. Every place appears to have one of those small stands with QR codes. Now this might lead you to believe...

India and Singapore are linking their respective fast payment systems — Unified Payments Interface (UPI) and PayNow — in a move that will boost remittances between the two nations. The st...

Walmart-backed digital payments service provider PhonePe is looking to expand into financial services  with an eye to reach a user base of 500 million. The payments major, which has 314 million ...

US tech behemoths are eyeing a bigger slice of the financial services pie in India.  Close on the heels of Facebook offering loans to small businesses, rival Google has partnered Equitas Small F...

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 ...

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...