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Wallet-to-wallet transfer possible only if the account is KYC-compliant

Interoperability among mobile wallets, bank account and e-wallet will be enabled through Unified Payments Interface (UPI), the RBI said.

The Yes Bank board had sought at least a three-month extension for Kapoor from the RBI beyond January 31, 2019.
The salary offered to the top 50% of the batch saw an upward trend. It rose to Rs 21 lakh per annum in 2018 from Rs 20.1 lakh per annum in 2017.
The top three institutes, IIT-Bombay, IIT-Delhi and the IIS-Bangaluru, were the most voted by over 83,000 international academics polled during the survey.
The price of diesel rose for the 11th day in a row on Tuesday, wiping out the entire Rs 2.50 per litre cut in rates announced by the Centre government on October 4.
Sikkim beat 51 other nominations from across the globe. Brazil, Denmark and Quito in Ecuador shared the Silver award.
Finance Minister Arun Jaitley Tuesday said India needs a strong and decisive leadership at the Centre to continue its high growth path and take swift decisions.
The move has drawn protests from the Congress and the Samajwadi Party.
The trade deficit, or the gap between imports and exports, stood at $3.98 billion in the last month.