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Total 43 results found. Search for [ prepaid payment instrument ]

Results 1 to 21 of 43
BusinessToday.In
April 12, 2021
A technical upgrade of RTGS, targeted to enhance the resilience and to further improve the Disaster Recovery Time of the RTGS system, is scheduled after the close of business of April 17, 2021.


PTI
April 7, 2021
It is proposed to constitute a committee to undertake a comprehensive review of the working of ARCs in the financial sector ecosystem, RBI Governor Shaktikanta Das said


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
March 30, 2021
As per a new RBI rule, automatic payments will have to undergo additional authentication; while the new rule comes into effect from April 1, uncertainties around it could create problems for users


PTI
November 21, 2020
Sodexo is slapped with the highest fine of Rs 2 crore; PNB and QwikCilver Solutions Rs 1 crore each; PhonePe Rs 1.39 crore; Muthoot Vehicle & Asset Finance Rs 34.55 lakh; and Delhi Metro Rail Corporation Rs 5 lakh


BusinessToday.In
September 4, 2020
In July last year, Aditya Birla Idea Payments Bank had announced it would wind up banking business over \"unanticipated developments\" that made its economic model \"unviable\"


BusinessToday.In
New Delhi, December 24, 2019
The amount loaded in such PPIs during any month will not exceed Rs 10,000 and the total amount loaded during the financial year will not exceed Rs 1,20,000


PTI
May 3, 2019
The Reserve Bank of India Friday said it has imposed penalties on five prepaid payment instrument issuers, including Vodafone m-pesa and PhonePe, for violation of regulatory norms


PTI
May 3, 2019



BusinessToday.In
New Delhi, February 27, 2019
On the economy front, the Central government has detected Rs 20,000 crore worth GST evasion so far this fiscal. On the corporate space, Airtel and Vodafone Idea considering plan to create optical fibre venture to take on Mukesh Ambani's Reliance Jio.


PTI
February 27, 2019
The Payments Council of India has proposed a model wherein a potential customer can upload the picture of a document and then sit herself before a camera, its chairman Naveen Surya said, speaking at an event here Wednesday.


PTI
Mumbai, February 27, 2019
The Reserve Bank of India has extended deadline by six months for compliance with KYC norms, for prepaid payment instrument issuers.


PTI
February 26, 2019



BusinessToday.In
New Delhi, February 26, 2019
Relief for Paytm, Amazon Pay, other mobile wallets! RBI extends deadline for completion of KYC by 6 monthsIn a much needed respite to e-wallet companies, the Reserve Bank of India Monday extended deadline for completion of Know Your Customer (KYC) norms for prepaid payment instrument (PPI) issuers by six months. As per RBI directions, PPI issuers were required to complete the KYC process by February 28, 2019. Twitter public policy head Colin Crowell appears before parliamentary panel; gi...


BusinessToday.In
New Delhi, February 25, 2019
PPIs or mobile wallets were mandated by the banking regulator in October 2017 to capture all information required under the know-your-customer (KYC) guidelines by end February. 


PTI
February 25, 2019



PTI
January 16, 2019



PTI
December 20, 2018



PTI
December 17, 2018



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