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The Reserve Bank of India has proposed a scheme for making small-value payments in offline mode using debit cards, credit cards, and mobile devices. Under...
Stressing on the need for discipline, the Reserve Bank of India (RBI) disallowed banks from opening current accounts for customers who availed cash or over...
In a major development, the Reserve Bank of India (RBI) announced the introduction of the Online Dispute Resolution system for resolving disputes and griev...
The Reserve Bank of India issued a master circular on the scheme of penalties for bank branches based on the performance in rendering the customer service...
The Reserve Bank of India issued the Fair Practices Code for Asset Reconstruction Companies (ARC) on July 16, 2020. It stated that these entities mus...
As per a report, Non-Banking Financial Companies (NBFCs) may face liquidity challenges due to lack of clarity on moratorium by RBI and the lockdown across...
Recently, the Reserve Bank of India came up with a modified framework for Financial Market Infrastructure and Retail Payment Systems to ensure the safety a...
The Reserve Bank of India has decided to set up a pan India umbrella entity to boost the retail payment across the country. These entities will be called a...
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Digital payments are now a big part of daily life in India. An important part of this system is...
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