Lenders can’t levy pre-payment charges on loans to MSEs: RBI

Lenders can’t levy pre-payment charges on loans to MSEs: RBI

The Reserve Bank of India on Wednesday proposed banks and non-banking financial companies (NBFCs) no..

RBI issues norms to boost payment systems’ safety

RBI issues norms to boost payment systems’ safety

The Reserve Bank of India (RBI) today said non-bank payment system operators (PSOs) will have to put..

PayU Payments gets RBI nod to operate as payment aggregator

PayU Payments gets RBI nod to operate as payment aggregator

Prosus-backed PayU Payments has got the Reserve Bank of India's in-principle approval to operate as ..

Paytm shifts nodal account to Axis Bank for merchant payment settlements

Paytm shifts nodal account to Axis Bank for merchant payment settlements

One97 Communications, owner of Paytm, said Friday it has shifted its nodal account to Axis Bank from..

RBI extends deadline for stopping Paytm Payments Bank services to 15 March

RBI extends deadline for stopping Paytm Payments Bank services to 15 March

The Reserve Bank of India (RBI) on Friday gave a 15-day extension to Paytm Payments Bank for stoppin..

RBI releases FAQs for Paytm Payments Bank customers

RBI releases FAQs for Paytm Payments Bank customers

The Reserve Bank of India on Friday released a list of frequently asked questions (FAQs) to allay fe..

RBI asks Visa, Mastercard to halt commercial card payments

RBI asks Visa, Mastercard to halt commercial card payments

The Reserve Bank has asked Visa and Mastercard to stop card-based commercial payments made by small ..

RBI Governor rules out review of action against Paytm Payments Bank

RBI Governor rules out review of action against Paytm Payments Bank

Ruling out any review of the central bank’s action against Paytm Payments Bank, the Reserve Bank of ..

Why RBI cracked down on Paytm Payments Bank

Why RBI cracked down on Paytm Payments Bank

The Reserve Bank of India (RBI) cracked down on Paytm Payments Bank due to the fintech firm’s persis..

CAIT advises traders to switch from Paytm to other payment apps

CAIT advises traders to switch from Paytm to other payment apps

The Confederation of All India Traders (CAIT) has issued a cautionary advisory to traders to switch ..

RBI bars Paytm Payments Bank  from offering services after Feb 29

RBI bars Paytm Payments Bank from offering services after Feb 29

The Reserve Bank of India (RBI) on Wednesday barred Paytm Payments Bank Ltd from taking fresh deposi..

Zomato gets RBI nod to operate as online payment aggregator

Zomato gets RBI nod to operate as online payment aggregator

Zomato Payments Pvt Ltd (ZPPL), a wholly-owned subsidiary of online food delivery firm Zomato, has r..

UPI can become world leader in payments: RBI Guv

UPI can become world leader in payments: RBI Guv

UPI, developed by National Payments Corporation of India (NPCI), has room to grow and can become the..

Fino Payments Bank applies for SFB licence, awaits RBI nod

Fino Payments Bank applies for SFB licence, awaits RBI nod

Fino Payments Bank, a subsidiary of Fino Paytech Limited, has applied for a small finance bank (SFB)..

OTP not required for these kind of payments

OTP not required for these kind of payments

No one-time password (OTP) based authentication will be needed for UPI recurring payments up to Rs 1..