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Digital Banking

Kerala Becomes Country’s First Fully Digital Banking State

Kerala has become the first state in India to enable digital banking in all eligible accounts. According to...

📅 January 10, 2023

UPI Reaches Record High in December

India’s Unified Payments Interface (UPI) processed a record 7.82 billion transactions in December, worth a total of INR...

📅 January 2, 2023

FIRSTAP – India’s First Sticker-based Debit Card

IDFC First Bank, in association with the National Payments Corporation of India (NPCI), recently launched FIRSTAP – India’s...

📅 November 24, 2022

BHIM App open-source license model

BHIM App open-source license model was announced by the National Payments Corporation of India (NPCI). What is BHIM...

📅 November 11, 2022

What are Digital banking units?

75 digital banking units were inaugurated by Prime Minister Modi on October 16, 2022. Key facts In the...

📅 October 17, 2022

RBI Concept Note on CBDC

On October 7 this year, the Reserve Bank of India launched a concept note to raise public awareness...

📅 October 8, 2022

Implementation of Card Tokenization

The tokenization of card-based payments will be implemented from October 1, 2022. Key facts The Reserve Bank of...

📅 October 1, 2022

What are NITI Aayog proposals for regulation of Digital Banks?

On July 20, 2022, NITI Aayog released a report on digital banks titled “A proposal for Digital Banks...

📅 July 21, 2022

PayPal introduces digital Foreign Inward Remittance Advice (FIRA)

The Digital Payment service provider PayPal recently introduced Foreign Inward Remittance Advice. It is an automated process to...

📅 May 12, 2021

Axis Bank Launches WhatsApp Banking

The Axis Bank has launched the WhatsApp Banking with the objective of helping and addressing the banking needs...

📅 March 3, 2021

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