RBI disallows non-banks from loading credit lines on prepaid payment instruments

RBI disallows non-banks from loading credit lines on prepaid payment instruments

The Reserve Bank of India (RBI) has disallowed non-bank pre-paid wallets and pre-paid cards from loa..

Payments banks can convert to small finance banks: RBI panel

Payments banks can convert to small finance banks: RBI panel

Reserve Bank of India's internal working group has recommended that payments banks can convert to a ..