Page-2 of Topic: Digital Banking
Payment Infrastructure Development Funds
The Reserve Bank of India recently announced operational guidelines to Payment Infrastructure Development Funds. The main aim of the funds is to deploy more digital payment infrastructure across...
DakPay of India Post Payment Bank
“DakPay” is an application launched by India post payment Bank as a part of its ongoing initiatives to provide digital financial inclusion to the country. The application was...
Bengaluru accounts for the highest number of digital transactions in India
As per the recent report by online payment processor Worldline India, Bengaluru accounted for the highest number of digital transactions in India in 2019. Bengaluru, which was the leading city...
GoI to increase reach of banking in the North-East Tea Garden areas
On February 27, 2020, the Finance Minister Nirmala Sitaraman announced that the banking in the North East Region is to be increased. Highlights The minister in a meeting...
EASE 3.0 launched by the Finance Minister to enhance Ease of Banking
On February 26, 2020, the Finance Minister Nirmala Sitaraman launched Enhanced Access and Service Excellence (EASE 3.0). It was launched along with the annual report of EASE 2.0...
RBI to launch Digital Payments Index
The Reserve Bank of India (RBI) recently released its statement on developmental and regulatory policies, along with the February 2020 Monetary policy statement. In the statement, the central...
Fake Crypto-currency menace on the Rise
The rise of digital penetration in the world has lead to an increase in the instances of cyber crimes and digital fraud in recent years. The latest in...
To promote Digital Payment, SBI plans to eliminate Debit Cards
To provide a flip to the government’s vision to increase digital payments in India, the largest bank in India, the State Bank of India (SBI) plans to eliminate...
Digital Kleptocracy
A government in which corrupt leaders (kleptocrats) use their power to exploit the people and natural resources of a country to increase their personal wealth and political powers...
