The Department of Post has recently rolled out the NEFT and RTGS facility for Post Office Savings Bank Account (POSB) holders. The NEFT facility has been made available...
Union Minister for Micro, Small, and Medium Enterprises (MSMEs) launched the second phase of the MSME RuPay Credit Card with the National Payments Corporation of India (NPCI) and...
On 21st April 2022, the Reserve Bank of India (RBI) issued a fresh set of guidelines for the issuance of debit and credit cards. These newly issued guidelines...
The guidelines on Legal Entity Identifier (LEI) for large borrowers of Primary (Urban) Co-operative Banks (UCBs) and Non-Banking Financial Companies (NBFCs) have been extended by the Reserve Bank...
The international arm of the National Payment Corporation of India, NPCI International Payments Ltd (NIPL) has announced that across the UAE, BHIM UPI is live on NEOPAY terminals....
A cardless cash withdrawal facility has been made available at all ATMs by the Reserve Bank of India (RBI). This facility will be made available via the Unified...
The guidelines for the implementation of the Positive Pay System were issued by the RBI for the banks of the country. From 1st January 2021, this system has...
Reserve Bank of India’s wholly-owned subsidiary Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) has set up an Ink Manufacturing Unit named “Varnika” at Mysuru, Karnataka. This new...
The framework that is related to geo-tagging of payment system touch points has been released by the Reserve Bank of India (RBI). Overview: This framework has been created...
The United States and the European Union (EU) have decided to cut off a number of Russian banks from SWIFT, the main international payment system. Russia’s central bank...
