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Total 349 results found. Search for [ RBI retail payments ]

Results 1 to 21 of 349
Anand Adhikari
New Delhi, April 29, 2021
Unsecured personal loans, credit cards, business banking, and MSME loans are emerging as new breeding ground for banks NPAs. How serious is the problem?


Srinath Sridharan | Shashidhar KJ
April 16, 2021
With the government unwilling to foot the bill on digital transactions and no viable business model for banks, there are no incentives for banks to maintain the UPI infrastructure


BusinessToday.In
April 7, 2021
The RBI today announced that it is proposing to enable non-bank payment systems like PPIs, card networks, wide-level ATM operators, among others to take direct membership in the Centralised Payment Systems


BusinessToday.In
April 7, 2021
The earlier limit was Rs 1 lakh. This decision has been taken to enhance financial inclusion. The apex bank's announcement comes over a long-standing demand of the payments bank sector


BusinessToday.In
April 5, 2021
The consortium comprising Google, Facebook and Infibeam Avenue will likely offer its payment services overseas. The NUE, if granted an operating licence, is going to be positioned against global payments giants such as Mastercard and Visa in some markets


BusinessToday.In
March 11, 2021
Eligible participants must submit their bids in electronic format on the RBI core banking solution (E-Kuber) system between 10am and 11am on March 18


BusinessToday.In
March 10, 2021
RBI said IDBI Bank has provided a written commitment that it would comply with the norms of minimum regulatory capital, net NPA and leverage ratio on an ongoing basis


PTI
March 9, 2021
Paytm founder and Chief Executive Officer Vijay Shekhar Sharma said the company sees the NUE system to play out as a great opportunity for payments in the country


BusinessToday.In
March 9, 2021
In August last year, the central bank had unveiled the framework for setting up umbrella entities for operating pan-India retail payments systems and invited applications from eligible companies.


Sanjay Doshi
New Delhi, March 3, 2021
Banks' ability to transform themselves with speed and agility to survive the next revolution will determine the winners and losers


Anand Adhikari
New Delhi, March 3, 2021
Digitisation and proposed ARC for bad loans and development financial institution will help the banking industry reboot. The 25th edition of the BT-KPMG Best Bank Study brings you future ready banks and Fintechs


BS Srinivasalu Reddy
New Delhi, March 3, 2021
Bank of America won by focusing on large Indian firms and multinationals


Reuters
March 2, 2021
Reserve Bank of India (RBI) rules allow banks to hold up to 50% stakes in insurers and on a selective basis equity holdings can be higher but must eventually be brought down within a certain period


BusinessToday.In
March 1, 2021
The vaccination programme has released pent-up optimism and \"there is little doubt today that a recovery based on a revival of consumption is underway,\" RBI said.


BusinessToday.In
February 27, 2021
The New Umbrella Entity (NUE) will be jointly promoted by a Reliance unit and Infibeam Avenues Ltd's subsidiary So Hum Bharat, while Google and Facebook will hold a smaller stake in the NUE license


BusinessToday.In
February 26, 2021
Requests have been received from various stakeholders including Indian Banks' Association for extending the timeline, keeping in view the COVID-19 related disruptions and inconveniences, RBI said.


BusinessToday.In
February 20, 2021
SBI YONO Merchant app will enable millions of merchants to accept digital payments through mobile led technology


BusinessToday.In
February 20, 2021
PMC Bank bid: The potential consortium of investors includes Germany-based Alfa Pharma GmbH, Investment Fund (Mauritius), NexPact (Mauritius), Global Com Fin Investment LLC (Dubai) and Delhi-based Avtar Instalments


Rashi Bisaria
New Delhi, February 20, 2021
Bitcoin at new high of $53,263 after Elon Musk defends Tesla's investment Bitcoin got another leg-up on Friday after billionaire Elon Musk defended the investment by his electric vehicle company Tesla in the popular cryptocurrency. After Musk's tweet, where he called Bitcoin \"simply a less dumb form of liquidity than cash\", the digital currency raced to a new high of $53,263. WhatsApp to move ahead with privacy update despite backlash Facebook Inc's WhatsApp said on Thursday it will g...


Dipak Mondal
New Delhi, February 18, 2021
As debt-laden distressed companies fall by the wayside, some cash-rich large companies are practically monopolising their sectors


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