National Payments Corporation Of India Npci
Business  /  Published 14.04.22

Rupee-crypto deals halted

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...
By Reuters in New Delhi

Business  /  Published 09.03.22

UPI for feature phones

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 ...
By Our Bureau in Mumbai

Business  /  Published 11.02.22

Credit swap rules in place

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...
By Our Special Correspondent in Mumbai

Opinion  /  Published 28.09.21

Cash is still king: Digital payments in India

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...
By Partha Pratim Chakraborty, Aashita Joshi

Business  /  Published 15.09.21

UPI connect with Singapore

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...
By Our Special Correspondent in Mumbai


Business  /  Published 06.09.21

PhonePe expands bouquet

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 ...
By Pinak Ghosh in Calcutta

Business  /  Published 03.09.21

FD bait for Google Pay users

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...
By A Staff Reporter in Calcutta

Business  /  Published 19.08.20

Rules for NPCI rival

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...
By Our Special Correspondent in Mumbai

Business  /  Published 01.08.20

RBI denies granting UPI persmission to WhatsApp

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 ...
By Our Legal Correspondent in New Delhi

Business  /  Published 11.02.20

NPCI rival in the making

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...
By Our Special Correspondent in Mumbai


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